Commerce One Accelerates Electronic Commerce with Commerce One BuySite 6.0; First e-Procurement Application for the Global Enterprise.SAN FRANCISCO--(BUSINESS WIRE)--Sept. 9, 1999-- Commerce One, Inc. (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ) today unveiled Commerce One BuySite(tm) 6.0 Electronic Procurement Application, a new software release that dramatically reduces the time and effort required for deploying e-procurement automation to end users throughout complex, multinational organizations. With a single installation of BuySite 6.0, the global enterprise can quickly and cost-effectively implement centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. e-procurement capability, eliminating the need to deploy and manage separate systems for different geographic regions or business units. At the eLink '99 Conference, Commerce One demonstrated how, buyers can use BuySite 6.0, to conduct e-commerce transactions on a global basis. BuySite 6.0 provides desktop access to supplier content from around the world via the Global Trading Web of vertical and regional marketplace portals running on the Commerce One MarketSite platform. Commerce One BuySite 6.0 was designed and developed using requirements gathered from Commerce One's global customer and partner base, which is diverse and extensive in the industry. Commerce One's customers include Booz-Allen & Hamilton, British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. , Cable & Wireless Optus, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Communications, Pitney-Bowes, Promus Hotel Corporation Promus Hotel Corporation was a hotel management and franchise company from Memphis, Tennessee. History Promus Hotel Corporation's beginnings are tied to the original Holiday Inn company in Memphis, Tennessee. , Schlumberger, Singapore Telecommunications Singapore Telecommunications Limited (SGX: T48, ASX: sgt) (commonly abbreviated as SingTel) and formerly known as Telecom Equipment, is Singapore's largest telecommunications company. and Warner Lambert, among others. "Global companies are demanding solutions that can support their complex organizational structures  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. , as well as different languages and currencies, so they can more effectively participate in global trading communities," said Chuck Donchess, vice president of marketing and business development for Commerce One, Inc. "Whether they are multinational corporations
Buy Site 6.0: eProcurement for the Global Enterprise Commerce One BuySite 6.0 represents a major leap forward in e-procurement solutions by enabling users to process transactions in multiple international formats. Multinational corporations supporting operations In amphibious operations, those operations conducted by forces other than those conducted by the amphibious force. See also amphibious force; amphibious operation. across many different countries and languages often must implement multiple systems to support each country, requiring significant time and expense. BuySite 6.0 eliminates the complexities created by currency and language barriers and enables users to focus on attaining the benefits of electronic commerce. Within a single BuySite installation, a requisition A written demand; a formal request or requirement. The formal demand by one government upon another, or by the governor of one state upon the governor of another state, of the surrender of a fugitive from justice. The taking or seizure of property by government. can be created by a user 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. (in dollars and English), and approved by a purchasing manager A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. in Germany (in Deutsche marks and German). Then the order can be sent to a supplier in the United Kingdom in pounds sterling. "Commerce One BuySite provides a single, Internet-based platform that can appreciate local users in any language, without the necessity of maintaining multiple discrete versions of re-engineered code," said Howard Schwartz Howard Schwartz might refer to a number of persons:
Buy Site 6.0: Global Functionality Reduces Implementation Costs, Boosts Productivity Commerce One BuySite 6.0 provides significant cost and timesavings by supporting the following capabilities within a single, global installation: -0-
-- Multiple languages -- German, French, UK English and Japanese
(with additional languages to follow in later releases)
-- Multiple currencies -- all major world currencies and
conversions, including the Euro
-- International date, number and address formats
-- International tax requirements -- sales tax, GST, VAT and others
-- Multiple and independent organization operating structures, rules
and requirements
-- XML documents based on the Common Business Library (CBL) open
standard
BuySite 6.0 eliminates the need for multiple procurement systems, reducing implementation and maintenance costs while capturing valuable spending information in one system. The intuitive, Internet-based user interface can be accessed by employees across the globe with just a browser. Coupling these benefits with the most robust e-procurement features available on the market, including desktop requisitioning, highly configurable approval workflow, order management, receiving, and end-to-end procurement card support, BuySite 6.0 provides its customers with a substantial return on investment. "Our strategic relationship with Commerce One, combined with our procurement expertise, enabled PWC to play an instrumental role in the product strategy and development efforts behind Commerce One's BuySite 6.0 product," said Hank Adamany, partner, worldwide e-procurement, PriceWaterhouseCoopers. Pricing and Availability Commerce One BuySite 6.0 Enterprise Edition is scheduled for general availability in the fourth quarter of 1999. Pricing will range from $500,000 to $2.5 million. About Commerce One Commerce One (Nasdaq:CMRC) is a leading provider of electronic commerce solutions that dynamically link buying and supplying organizations into real-time trading communities. The Commerce Chain Solution(tm) by Commerce One, comprising Commerce One BuySite(tm) and Commerce One MarketSite(tm), enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect 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. supply chain. As a result, enterprise organizations are able to realize a strategic competitive advantage as well as a rapid return on investment. Commerce One is located in Walnut Creek Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif., and can be reached by phone at 800/308-3838 or 925/941-6000 or via the Internet at http://www.commerceone.com/ or http://www.marketsite.net/. Note to Editors: Commerce One, Commerce Chain, BuySite, MarketSite.net, are either trademarks or registered trademarks of Commerce One. Other product and company names mentioned herein might be the trademarks of their respective owners. |
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