Commerce One overview

Commerce One (NASDAQ: CMRC) is the global leader in business-to-business E-Commerce solutions. It is present in 54 countries across 6 continents. Through its products, portals and services, Commerce One creates access to worldwide markets, allowing anyone to buy from anyone, anytime, anywhere. Commerce One specializes in automating the process of buying and selling thereby making it more efficient. Its services extend across all industries, including vertical strategic sectors such as those of banking, oil and gas, energy, metals and mining, aviation, telecom and government sector.

Among government organizations NASA, US Postal Services, US Navy, National Library of Medicine, US Department of Agriculture, Defense Logistic Agency, National Imagery & Mapping Agency, Government of New Zealand etc. are benefiting from Commerce One’s solutions

IN India

C1 India is the Indian arm of Commerce One, NASDAQ (CMRC). Through its software, services, and global network of interconnected enterprises and e-marketplaces, C1 India enables organizations to reduce costs and drive productivity by automating business processes between buyers and suppliers. 

Our software, services, and global supplier network give buying organizations visibility and control over inter-enterprise sourcing and procurement processes. And, by putting these processes on the Internet, we enable new levels of collaboration and communication between buyers and suppliers. Commerce One solutions reduce cycle times, lower transaction costs, and achieve better pricing for all types of goods and services.

C1 India is automating and streamlining the entire procurement process for the Government of Andhra Pradesh. The entire procurement of worth Rs.8000 Crores across more than 150 departments will be done through the Commerce One platform.

C1 India has helped GSFMC (a consortium between Gujarat Narmada Fertilizer Corporation (GNFC), Gujarat Electricity Board (GEB), Gujarat State Fertilizer Corporation (GSFC) and Gujarat State Petroleum Corporation (GSPC)) to set up a fuel exchange (www.fuelxs.com) wherein the participating members buy and sell fuel online.

It has also helped www.metaljunction.com a consortium between Tata Steel and Steel Authority of India to set up a steel market place for selling steel and buying products involved in the manufacturing of steel.

It has a very enriched list of clients on e-procurement in the corporate sector including:

and many more.

We have built many of the open technology standards that drive global e-commerce. Our technology enables organizations to trade with anyone, anywhere, anytime. And, our focus on open standards ensures that e-commerce investments are future-proof. Companies can complete transactions - no matter what technology they employ, what language they speak, or what currency they use.

In any economic climate, strengthening the bottom line is critical for profitability and delivering shareholder value. With nearly half of most companies' revenues being spent on purchasing activities, one of the fastest and most economical ways to deliver bottom-line results is to reduce the cost of procurement and sourcing. C1 India solutions give organizations the tools to reduce costs quickly by providing visibility and control over the entire enterprise sourcing and procurement process.

By optimising the purchase and inventory management mechanism, the company enables businesses to operate efficiently and provides its clients with a distinct competitive advantage. Furthermore, the Commerce One platform is tried and tested. It has been successfully implemented in many of the Fortune 500 companies and has helped them realise unprecedented economies from their operations.

Strengths of C1 India

Expertise in Setting up E-Procurement Marketplace in the Government sector: We have set up the electronic marketplace for the governments of Andhra Pradesh and Gujarat in India.

Extremely high success rate in Auctions in India: We are proud to claim that we have had an exceptionally high success rate with the reverse auctions! The total auctions conducted have been worth Rs 1000 Crores in India alone, resulting in savings of 70-80 Crore for the customers.

End-to-end Solutions: We provide turnkey solutions covering all the aspect so the project covering Tendering, Purchasing (both Catalogue based and non Catalogue based,), Auctions, Security, Hardware, installation and implementation. End-to-end!

100% Localisation: Over the last two years, a very powerful Localization engine has been developed that takes care of all tax requirements including sales tax, excise duty, Customs, Octroi etc. Our solution is compliant as per the Indian IT act 2000. This complete solution is ready and is available today.

Technology Leader: Commerce one is a pioneer in the Government to Business E-commerce solution space. All the solutions are tested, proven, scalable and incorporate Industry best practices. Partnerships with Commerce One ensures that the clients are always on the forefront of technology and their investments never become obsolete

Security: Our solutions deploy the highest level of security that is available today in the market to prevent un-authorized access, modifications to the system. The system supports 128 bit encryption and all the commercial information is encrypted at the database level. Besides the entire solution is PKI enabled and supports Digital Certificates as per the Indian IT Act 2000.

Global MNC: Globally, Commerce One has 567 customers representing 5.3 million employees and more than US$ 3.0 Trillion in buying power across 54 countries. We bring to you the experience gained through the products and services deployed globally.

People competence: We realize that the quality of service you get depends on the people. Our team consists of well qualified Engineers, CAs and MBAs who have worked 7-8 years in the best of organizations like Ernst & Young, PwC, KPMG, Deloitte, Satyam, SAP, Oracle, and Baan etc. Your project would rest in competent hands that have never let a client down!

Strong partnerships with leaders: We are present in most of the locations through the business partners, each of who have a reputation of their own.

SAP also owns around 25% of Commerce One equity.

ONCE: We are one of the founding members of Commerce One’s “Global Trading Web”, which is the world’s largest business-to-business trading community. Today, the Global Trading Web includes 157 e-marketplaces, with more than 10,000 buying organizations connected to 158,000 suppliers. To date, participants have completed more than 15,000 marketplace-to-marketplace transactions on the web. A participant of our B2B solutions has the option of linking up to this huge business opportunity!

Reference E-Procurement Clients: We have some of the most coveted range of Clients. Globally, the most celebrated Vertical Mega-exchange, Covisint, runs on Commerce One platform. Covisint is a joint venture between Ford, GM, Chrysler, Mercedes Benz, Peugeot and Nissan. They have been successfully conducting transactions worth Billions of Dollars. We use the same platform for your exchange.

Within India, we have reputed clients like Government of Andhra Pradesh, Gujarat, BHEL,Coke, Larsen and Toubro, Hindustan Motors, Apollo Tyres, Hindalco, Indo Rama, Hero Cycles, Owens Brockway, NEI Bearings etc who have had good experience with us.