Andersen & Deloitte - Partners in Consulting?
Today's announcement by Deloitte Consulting that it is investing in Epylon Corp., an online provider of ebusiness solutions for education and government institutions may seem like a new idea to most - but it's old news to Andersen Consulting.
Andersen Consulting announced an arrangement to provide software to Epylon a month ago and AC Ventures, the venture capital unit of Andersen Consulting, already owns a minority stake in Epylon.
So what's all the excitement about Epylon? Epylon is the leading provider of hosted eBusiness solutions for public sector institutions. Bringing government and educational institutions together with suppliers, Epylon streamlines the the entire purchasing process online, including research, quotes, bids, approval, requisition, purchasing, tracking and reporting. This service is provided at no cost to the buying community.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.