PricewaterhouseCoopers Announces Agreement With Covisint
NEW YORK--May 7, 2001--PricewaterhouseCoopers, the world's largest professional services organization, announced today that it has signed a Master Services Agreement (MSA) with Covisint, the e-business exchange for the automotive industry.
PricewaterhouseCoopers has been integrally involved in advising and consulting on the formation of Covisint for over a year. The MSA broadens the current relationship between PricewaterhouseCoopers and Covisint, and governs continuing and future services that PricewaterhouseCoopers can provide to the automotive exchange and its members.
Under the agreement, PricewaterhouseCoopers will be able to offer a full range of e-business services to Covisint and its members, including strategy formulation, business case assessment, deployment of product development, procurement and collaborative supply chain tools, as well as technical and process integration of these product offerings.
Any of the automotive manufacturers or suppliers participating in Covisint may now work with PricewaterhouseCoopers to help determine which Covisint services best meet their needs. Based on the services selected, PricewaterhouseCoopers can also support the implementation of any Covisint e-business and technical tools, and manage their use of these tools and services to maximize the benefits of their chosen level of participation.
"Our relationship with Covisint started literally at the beginning," said Tom Colberg, e-Business automotive lead partner, Management Consulting Services, PricewaterhouseCoopers. "We understand Covisint's potential and value proposition, and, as a result, we are strongly positioned to advise automotive companies on how they can best participate in Covisint and assist with implementation."
PricewaterhouseCoopers already has a long history of working successfully in a consulting role with Covisint. Initially engaged by the Covisint Founding Partner Advisory Board, PricewaterhouseCoopers advised Covisint's executive team on matters such as an organizational structure, and the design of processes to address technical architecture, software selection, and business planning. PricewaterhouseCoopers consultants have also provided technical support for selected Covisint auction events and catalog purchasing service offerings. In addition, PricewaterhouseCoopers consultants have been involved in the rollout of Covisint and its predecessors' offerings around the globe -- in the United States, South America, Europe and Asia.