Major Australian Utility Installs Smart Clips B2B E-Commerce Intranet Application - NASDAQ:CVCL.Business Editors PERTH, Australia--(BUSINESS WIRE)--Feb. 1, 2000 CityView advises that the Water Corporation of Western Australia has installed Sands Solutions Smart Clips B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. Intranet application to provide a user-friendly solution for their high volume low value MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. purchases. This will improve the Water Corporation's management of their MRO contracts and provide a fast and secure procurement tool. Recently the Water Corporation of Western Australia installed SAP R/3 across its enterprise for accounts payable, finance, purchasing, materials and project management. While SAP R/3 provides an integrated 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. system, it proved to be cumbersome for purchasing high volume low value items. Sands Solutions Smart Clips B2B e-commerce Intranet applications has improved the procurement process. The implementation of Smart Clips allows:
- Ease of use
- Work flow controls, automation and reporting.
- Integration with existing in-house systems, eliminating non-value
adding steps in the process.
CityView has agreed to acquire 10% of Sands Solutions.com Pty Ltd and intends to increase its equity to a controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail during this year. The group has been involved in electronic trading since 1985 and pioneered B2B e-commerce in Australia. Sands Solutions.com Pty Ltd has a diverse range of proven working B2B e-commerce applications, others that are proven at the pilot stage and still other B2B e-commerce applications under development. Sands Solutions.com Pty Ltd operates in similar fields to Commerce One Inc (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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) ) and Ariba Inc (NASDAQ:ARBA). Web site for Sands Solutions.com Pty Ltd - www.sandssol.com A P Woods Company Secretary/Chief Financial Officer Listed: NASDAQ: CVCL ASX: CVI Capital Structure: Fully Diluted: 39,996,206 Float: 12,812,269 |
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