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Commerce One To Offer International Procurement




Commerce One is expanding its online procurement technologyto offer multinational corporations a centralized purchasing system that can be used by globally dispersed offices and divisions.

The company yesterday unveiled BuySite 6.0, the latest version of its procurement application. BuySite 6.0 provides international users with desktop access to content on the company's Global Trading Web, which is composed of vertical and regional marketplace portals running on the CommerceOne MarketSite Platform, and includes contributions from customers and partners, including Booz, Allen & Hamilton; BT; Cable & Wireless Optus; Pitney Bowes; and Singapore Telecommunications.

BuySite 6.0 is designed to process transactions in English, French, German, and Japanese, as well as all major world currencies and conversions, including the euro. Support for international tax requirements and regional business laws is also included. CommerceOne also said yesterday it would add auction capabilities to the MarketSite.net business-to- business E-commerce portal through a partnership with Internet trading applications vendor TradingDynamics.

Pricing on BuySite 6.0 will range from $500,000 to $2.5 million, while Commerce One will charge posting and transaction fees for the MarketSite.net auction services. Both will be available in the fourth quarter.


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