Clarus Corporation, Deloitte & Touche Form Strategic Alliance for Electronic Procurement.ATLANTA--(BUSINESS WIRE)--April 27, 1999-- Deloitte & Touche First to Integrate and Market Clarus E-Procurement Solution for Oracle Financials Customers Clarus Corporation (Nasdaq:CLRS CLRS Center for Labor Research and Studies CLRS Central Launch and Recovery Section CLRS Claims Legal Research System ), a leading provider of Web-based commerce applications, and Deloitte & Touche LLP LLP - Lower Layer Protocol today announced a strategic alliance to integrate and market the Clarus(TM) E-Procurement solution for companies using Oracle Financials enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) systems. Using Clarus' integration framework, Deloitte & Touche will develop Clarus(TM) Fusion Links for the E-Procurement solution compatible with the thousands of companies worldwide using Oracle Financials systems. In a related announcement, Deloitte & Touche, one of the leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , also joined the Clarus Alliance Program for Systems Integrators. The alliance program companies will collaborate to deliver leading commerce solutions such as electronic procurement and expense management to companies representing hundreds to tens of thousands of users. The Clarus Alliance Program is tailored to provide customized business planning, training, sales and marketing resources needed by each of these organizations to expand their business opportunities. "Through creating Clarus Fusion Links for an integrated procurement technology, we will deliver a cost-effective and powerful solution that enables Oracle Financials customers to realize tremendous savings," said Gregory Ehr, Principal, Deloitte & Touche Management Solutions & Services. "Clarus offers an exceptionally robust solution that allows our clients to integrate suppliers, orders and data with the Oracle Financials backbone in a two-way interactive, real-time manner." Clarus Fusion provides seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. technology for platform and version independence. Because the solution supports Biztalk, Microsoft's framework for electronic commerce based on new Extensible Markup Language See XML. (language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web. http://w3.org/XML/. (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. ) schemas and industry standards, Deloitte & Touche will be able to integrate Clarus solutions into any Oracle Financials system. Deloitte & Touche has experience serving numerous Oracle Financials clients in a broad range of industries and geographies around the world. The Oracle-related services provided by Deloitte & Touche are based on deep business knowledge. Deloitte & Touche has successfully applied a host of advanced capabilities in technology integration, process improvement and change leadership. The firm's procurement-related experience includes strategic sourcing services, purchasing card program development, and purchasing process design. "The unique ability of Clarus E-Procurement to seamlessly integrate with any ERP solution will enable us to widely deploy a complete electronic commerce procure-to-pay solution for a whole new channel of Oracle users," said Steve Jeffery, president and 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. of Clarus. "Our solution combined with Deloitte & Touche's experience and knowledge will provide best practices for purchasing and expense management." Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 28,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , a global leader in professional services with more than 82,000 people in over 130 countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte Consulting LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and related entities. For additional information, please visit Deloitte & Touche's website at www.us.deloitte.com. Atlanta-based Clarus Corporation (www.claruscorp.com) (Nasdaq:CLRS) is a pioneer and a leader in providing Web-based Commerce applications that enable organizations to gain control of their operational resources -- the non-production goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. vital to every company's operations. Clarus Commerce leverages Web technology to connect large populations of employees, management and suppliers with continuous planning, monitoring and control of resources, which can result in a dramatic impact on the bottom line. The Company's Web-based Commerce solutions are being deployed at more than 20 sites for customers including MasterCard International, First Data Corporation and Hyatt Regency with planned deployment to more than 100,000 employees. This press release contains forward-looking statements within the meaning of section 27A of the securities act of 1933 and section 21E of the exchange act. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risks including that the benefits expected by the company as a result of the announcement may not occur. Clarus is a trademark of Clarus Corporation. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own. |
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