Commerce One unveils e-commerce tool

Commerce One announced the public version of its Commerce One Collaborative Procurement application tool, which combines the company's online purchasing applications with real-time information exchange tools. The product will enable collaborative communication throughout the transaction process, including interactive order changes and management, as well as a means for suppliers to provide shipping and invoice details to the buyer. Collaborative Procurement also allows companies to monitor contractor time and expense costs, and manage bidding processes. Pricing for the product was not released.