Under the agreement, Corio will sell, implement, remotely host and manage the Commerce One Solution to buy and sell products and services between businesses over the Internet.
Services can include travel, consulting, and temporary services.
BuySite will be available to Corio customers to make purchases over the Internet, automating the entire purchasing cycle, from requisition to payment. Corio customers using the Commerce One Solution will be able to transact business with other companies around the world through Commerce One's Global Trading Web. Information on pricing and service options is available through the Corio site. Corio enables eBusiness by offering an integrated application solution over a secure network for a monthly fee. Corio's integrated suite features BroadVision, Cognos, Commerce One, PeopleSoft and Siebel Systems applications.