Chevron Has Selected b2een From Amalto Technologies to Enable Electronic Transactions With Its Suppliers.Amalto's Breakthrough b2een Solution to Boost Adoption of B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Electronic Transactions for Chevron Suppliers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- Amalto Technologies today announced that Chevron U.S.A. Inc. has selected its b2een solution to enable exchanges of electronic documents with suppliers across Chevron businesses. Amalto b2een combines a light web 2.0 client software providing a secured transport mechanism of encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science documents between the trading partners and a SaaS* platform to manage the validation, transformation and routing of the transactional documents. The solution proposed by Amalto allows large organizations to capture 100% of their suppliers in their electronic B2B initiatives. With b2een, SMEs have an easy way to send their invoices directly to their customer's back office systems and get paid rapidly. b2een's ease of installation and use is one of the levers that would allow Chevron to achieve its objectives of capturing 100% of its procurement transactions electronically. Amalto CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jean-Pierre Foehn foehn (fān, Ger. fön), warm, dry wind that occurs on the leeward slopes of a ridge of mountains. The term was originally applied to a wind of the Alps but is now used as a generic term for all winds of this type. , stated, "Amalto brings to mid-size companies in the Oil and Gas industry a new way to enable exchanges of purchase orders, invoices and industry specific documents like field tickets with their large customers. With the support of Chevron, an undisputed leader in electronic procurement, Amalto demonstrates that the benefits of B2B electronic transactions are accessible to trading partners of all sizes. By selecting b2een, Chevron opens a new era in electronic procurement. Amalto's in-depth knowledge of the Oil and Gas industry processes and of its various trading partners has led to the development of b2een's innovative approach to B2B electronic exchanges." About Amalto Amalto is a leading provider of solutions enabling B2B transactions for the Oil and Gas industry. With its b2box, a PIDX PIDX Petroleum Industry Data Exchange ** compatible software solution, Amalto brings to mid size equipment and service providers an easy way to transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting with their trading partners directly from their back office systems. With b2een, Amalto enables exchanges of documents like invoices or field tickets between peers of the same trading communities through a very intuitive but secured environment. More information is available at www.amalto.com or by calling + 1 650-577-2348 * SaaS: Software as a Service ** PIDX (Petroleum Industry Data Exchange): XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. standard supporting exchanges of business documents in the Oil and Gas industry |
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