WALK has a deal with Commerce One:
Monday November 29, 6:59 am Eastern Time
Company Press Release
SOURCE: Walker Interactive Systems, Inc.; Commerce One, Inc.
Walker and Commerce One Form Strategic Alliance
Walker's E-Procurement Solution Combines with the Commerce One Solution to Automate Enterprise Procurement
SAN FRANCISCO and WALNUT CREEK, Calif., Nov. 29 /PRNewswire/ -- Walker Interactive Systems, Inc. (Nasdaq: WALK - news), a global provider of e-business solutions for the enterprise, and Commerce One, Inc. (Nasdaq: CMRC - news), the global leader in business-to-business electronic commerce solutions, today announced a joint marketing and development partnership integrating the Commerce One Solution with Walker's deep e-procurement solution. The joint solution provides customers with Walker's highly scalable e-procurement solution integrated with Commerce One BuySite electronic procurement application and Commerce One MarketSite global trading portal. This solution provides real-time transactional capabilities and automates the entire procurement process, from requisition through payment.
''Our Fortune 1000 customers continue to drive us towards embracing leading edge technologies and capabilities. This drive has resulted in the recent release of Walker's deep e-procurement solution,'' said Paul Lord, senior vice president of marketing and product development at Walker. ''As our customers continue to streamline their purchasing operations, the evolution of electronic catalogs and business-to-business trading communities needed to be addressed. After a comprehensive evaluation, Walker has selected Commerce One as our strategic partner.''
''We are excited to be working with Walker to offer our joint solution to Walker's extensive installed base of Fortune 1000 customers,'' said Chuck Donchess, vice president of marketing and business development for Commerce One. ''Walker's enterprise customers require robust scalability and advanced procurement functionality. The integrated solution from Walker and Commerce One addresses these critical requirements.''
About Walker's E-Procurement Solution
Walker's deep e-procurement solution exploits an open, scalable architecture that enables customers to collaborate across diverse technical, application software and business partner environments. The e-procurement solution automates task-intensive, low dollar-value purchasing activities, freeing buyers to focus on more strategic procurement processes. With e-procurement, users can take advantage of the self-service model to purchase basic supply items directly from their desktop by accessing approved vendors, electronic product catalogs, virtual trading communities, and other relevant information. Walker's e-procurement solution also maintains visibility into inventory levels, supports vendor managed inventory systems, and takes advantage of online bidding.
About Walker
Walker Interactive Systems, Inc., headquartered in San Francisco, California, is a leading, global provider of financial, operational and analytic applications that help companies better manage their e-business performance. The Walker family of e-business applications and vertical industry solutions, combined with integration and consulting services, are utilized by Fortune 1000 organizations in industries including banking and financial services, paper, retail, transportation and utilities. Information about Walker is available at walker.com or 1-800-PICK WALKER.
About Commerce One
Commerce One, Inc. is a leading provider of electronic commerce solutions that dynamically link buying and supplying organizations into real-time trading communities. The Commerce One Solution, comprising Commerce One BuySite and Commerce One MarketSite, enables companies to significantly reduce operational costs and increase efficiency by automating the entire indirect goods and services 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, Calif. and can be reached by phone at 800-308-3838 or 925-941-6000 or via the Internet at commerceone.com or marketsite.net.
Walker is a registered trademark of Walker Interactive Systems, Inc. Commerce One, BuySite, BuySite Enterprise Edition, BuySite Hosted Edition and MarketSite are either trademarks or registered trademarks of Commerce One. Other product and company names mentioned herein might be the trademarks of their respective owners.
SOURCE: Walker Interactive Systems, Inc.; Commerce One, Inc.
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