Sonata to acquire Premier United States based Microsoft Dynamics Partner I.B.I.S., Inc.

Sonata Software, a global strategic IT solutions firm, announced today that it has signed a definitive agreement to acquire the supply chain software and services provider I.B.I.S., Inc. (INTERACTIVE BUSINESS INFORMATION SYSTEMS, INC.). Founded in 1989, I.B.I.S., Inc. has a strategic partnership with Microsoft for the Dynamics solution and delivers world-class supply chain solutions, including its proprietary Advanced Supply Chain Software solution. The acquisition of the United States based IBIS will allow Sonata, aBangalore, India based company to accelerate its footprint globally.

Advanced Supply Chain Software™ powered by I.B.I.S., Inc. is a total Dynamics® AX and CRM supply chain solution designed expressly to meet the needs of modern distributors, manufacturers, and retailers. A winning combination of industry supply chain expertise, world-class supply chain software, and 26 years of successful Microsoft Dynamics® implementations has culminated in making IBIS the preferred Microsoft Dynamics® partner and solution provider for distributors and manufacturers worldwide. The company already serves leading US enterprises.

Sonata’s vision is to provide digital transformation solutions to Retail, Consumer Packaged Goods (CPG), and Distribution companies. Microsoft Dynamics® AX and CRM solutions are being increasingly adopted globally by companies to transform their businesses. Sonata’s expertise, intellectual property, scale, and global presence with Microsoft Dynamics® AX, especially in the retail industry, along with IBIS expertise,intellectual property, and strong local footprint in the US within the distribution industry space will create a powerhouse that caters to Retail, CPG, and Distribution companies globally who want to deploy Microsoft Dynamics®.

Speaking on the occasion, Srikar Reddy, MD & CEO of Sonata Software said, “Sonata has a strong partnership with Microsoft on Dynamics globally. We have a strong footprint in Microsoft Dynamics® based Retail solutions. Together with IBIS, we now have a strong management team, world class Advanced Supply Chain Software™ for distribution companies, a solid referenceable customer base, and a strong and deep partnership with Microsoft in the United States. The marquee customers currently with Sonata and IBIS will both gain from the complementary capabilities we bring to the table.”

Andy Vabulas, founder and CEO, I.B.I.S., Inc. commented, “IBIS is excited to be a part of Sonata, which adds significant scale, a wider geographic footprint, and client base we can now access. We have built IBIS as a company over the past 26 years and believe my team and I have the right partner in Sonata to achieve our vision of a global scale Dynamics organization. Our clients, products, and services will gain from the rich engineering and delivery capability that Sonata has in the Microsoft Dynamics® portfolio. I’m sure this acquisition will enhance our product reach as we will be capable of delivering enhanced services while reaching many more clients globally. Our customers will benefit from the depth and breadth of the products and services that a global company like Sonata brings to the table.”

About Sonata Software

Sonata Software is a global IT services firm focused on catalysing transformational IT initiatives of its clients through deep domain knowledge, technology expertise and customer commitment. The company delivers innovative new solutions for Travel, Retail & Consumer Goods and Software Product Companies by integrating technologies such as Omni-channel commerce, Mobility, Analytics, Cloud and ERP, to drive enhanced customer engagement, operations efficiency and return on IT investments. A trusted long-term service provider to Fortune 500 companies across both the software product development and enterprise business segments, Sonata seeks to add differentiated value to leadership who want to make an impact on their businesses, with IT.

About I.B.I.S., Inc.

Founded in 1989, I.B.I.S., Inc. provides business solutions which enable companies with complex supply chain requirements to maximize their business success. Through a Strategic Developer Partner relationship with Microsoft, the company provides world-class solutions for enterprise resource planning (ERP), customer relationship management (CRM), business intelligence (BI), and application development. I.B.I.S., Inc. specialties include Microsoft Dynamics AX and CRM solutions focused on the supply chain needs of distribution, manufacturing, and retail industries.

Infor Completes Acquisition Of Saleslogix Assets

Infor has completed its purchase of the assets of Saleslogix, a leading provider of SaaS customer relationship management (CRM) software.

Saleslogix's CRM will be renamed Infor CRMTM, adding strong sales and service functionality to Infor CloudSuite, the first group of industry-specific application suites available on Amazon Web Services' (AWS) cloud.

Infor plans to further develop the product, including increased scalability, refreshed user interface, and added industry-specific functionality.

Learn more about Infor at www.infor.com.

Tour De Force CRM Positioned In Niche Quadrant Of Gartner 'Magic Quadrant'

Tour de Force CRM, a leading provider of customer relationship management, business intelligence, and sales force automation solutions, announced it has been positioned by Gartner, Inc. in the Niche quadrant of the “Magic Quadrant for Sales Force Automation.”

The report evaluated 15 different software vendors on 15 different criteria in the areas of Ability to Execute and Completeness of Vision, including Product or Service, Market Responsiveness/Record, Customer Experience, Offering (Product) Strategy, and Innovation.

In the report, Gartner states that “SFA deployments continue to focus on core functional capabilities for accounts, contacts, opportunities, selling processes and sales operations. SFA requirements are unique for each B2B sales organization, based on the maturity and culture of the organization in its use of technology, sophistication of sales practices and anticipated ROI.”

For more information on Tour de Force CRM, visit www.TourdeForceCRM.com.

Acumatica Launches Cloud xRP Platform, Enabling Software Companies to Get to SaaS, Fast

ERP and Cloud business management solutions provider Acumatica augments its product suite with a Cloud platform offering.

Acumatica, the fast-growing leader in Cloud-based Enterprise Resource Planning (ERP) and business management solutions for small and medium-sized companies (SMB), announced it has added the Acumatica Cloud xRP Platform to its product line-up.

The Acumatica Cloud xRP Platform empowers the more than 6 million .NET developers and software companies to get their solutions to SaaS, fast. The “x” in xRP represents any-sized company, anywhere, in any industry. 

Acumatica CEO Jon Roskill said: “What Salesforce has done for CRM, Acumatica will do for xRP. Our Cloud xRP Platform, built on the world’s best Cloud and mobile technology, is available immediately in the Acumatica Cloud or private Cloud configurations, the form factors the market demands. As with our Cloud ERP products, we believe in offering choice to our partners and customers.” 

Ali Jani, VP of Product Management, said: “The Acumatica Cloud xRP Platform, built on the standard Microsoft stack, is a technological breakthrough that finally allows developers and software companies trapped in legacy technologies to modernize quickly and stay ahead of the technology curve once and for all. Our platform empowers developers and software companies to focus on industry-specific functionality without sacrificing control and flexibility.” 

In addition, developers and software companies building on top of the Acumatica Cloud xRP Platform can take advantage of Acumatica’s pre-built ERP and CRM capabilities, while enjoying flexible deployment and tenancy options. 

“We’re excited to offer the Acumatica Cloud xRP Platform to the world,” said Christian Lindberg, Acumatica’s VP of Partner Solutions. “Developers and software companies that need to deliver a SaaS offering at scale can leverage our platform to get to market faster while saving development costs and without compromising on functionality, performance, or flexibility. This technology lets you focus on domain and process expertise, while leaving the plumbing to us.” 

Industry luminary Buck Forland said: “For developers, it’s a floor wax and a dessert topping in one.” 

Acumatica’s partner ecosystem now includes more than 270 partners around the world such as ISVs JAAS Systems and Jamis, and OEMs MYOB and Visma. Visma, the leading provider of business software solutions to SMBs in Northern Europe, white-labeled Acumatica’s Cloud technology for thousands of its own customers and launched Visma.net last August. 

JAMS — JAAS Advanced Manufacturing Software — an end-to-end manufacturing solution, was built using Acumatica tools in record time. JAAS Systems’ General Manager Fred Szumlic said: “We saved $400,000 in development costs and delivered a Cloud manufacturing application in 10 months instead of three years.” 

About Acumatica

Acumatica is a leading provider of cloud business management software that empowers small and mid-size businesses to unlock their potential and drive growth. Built on the world’s best cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications such as Financials, Distribution, CRM and Project Accounting, powered by a robust and flexible platform. In an interconnected world, Acumatica enables customers to take full control of their business; to play to their strengths, since every business is unique; and to empower their people by going wherever their people go, on any device. 

Acumatica
Dorothy Ho, +1-425-658-4913 (office)
Mobile: +1-206-303-7750
Director of Communications
dho@acumatica.com

 

 

Visma, a KKR portfolio company, Invests in Acumatica

Investment and distribution agreement to accelerate adoption of Acumatica’s Cloud accounting, ERP, and CRM software worldwide.

Acumatica, a provider of Cloud ERP software, announced the close of a round of investment led by Visma, a portfolio company of an affiliate of Kohlberg Kravis Roberts & Co. In addition to the investment, Visma will help to accelerate Acumatica sales and partnership goals, through its own activities as a leading Nordic-based technology company that delivers accounting, tax, and payroll applications to hundreds of thousands of SMEs in the Nordic region and through its network. The investment will be used to help Acumatica expand its sales and marketing efforts, continue development of its leading technology platform, and secure its position as a leader in providing Cloud ERP software.

Unlike traditional software solutions, Acumatica allows clients to work from anywhere without complex client software so businesses can involve everybody while saving money on deployment and ongoing operational costs. Unlike SaaS-only providers, Acumatica allows customers to control the location of their data, the timing of upgrades, and ongoing software expenses.

“Acumatica is the only established Cloud ERP vendor with technology that gives customers the choice to deploy their software on-premise, hosted in a cloud datacenter, or purchased as a turnkey SaaS solution,” said Øystein Moan, CEO at Visma. “Our investment in Acumatica acknowledges their unique positioning within the market and our belief that Cloud technology will play a critical role in the future of ERP software. We will adapt Acumatica for the Nordic markets and distribute Acumatica to our tens of thousands of midsized customers in Norway, Sweden, Finland, Denmark, and The Netherlands.”

Acumatica’s software delivers a complete set of solutions to cover all mid-sized business needs. This includes advanced financial features that are integrated with inventory, sales orders, purchase orders, customer management, and many other modules. A flourishing community of third party developers utilizes Acumatica’s development platform to construct fully integrated modules for manufacturing, ecommerce, payroll, EDI, point of sales, and other vertical market solutions. Acumatica has hundreds of customers in several industries including key accounts in wholesale distribution, financial services, hospitality, manufacturing, not for profit, and professional services.

“This new round of financing is important because Visma will provide the resources to help establish Acumatica as the global leader in Cloud ERP software and introduce Acumatica to several new high-quality business partners through its network," said Ezequiel Steiner, CEO of Acumatica. "A partner like Visma is a testament to our current business plan, our product roadmap, and the efforts of our channel partners as well as a vote of confidence in our ERP technology. This partnership enhances the credibility of Acumatica in the eyes of our customers."

About Visma 
Visma is the leading Nordic-based technology company that delivers mission-critical software and services, such as accounting, tax, and payroll applications, to over 300,000 SME customers in the Nordic region and the Netherlands.  The group comprises five business areas which are Visma Software, Visma BPO, Visma Commerce Solutions, Visma Retail and Visma Projects & Consulting. For additional information, please visit Visma’s website at www.visma.com.

About Acumatica
Acumatica develops web-based ERP software that delivers the benefits of Cloud and SaaS without sacrificing customization, control, security, or speed.  Acumatica can be deployed on premise, hosted at a datacenter, or run on a Cloud computing platform.  Learn more about Acumatica’s Cloud ERP solution at www.acumatica.com.

Acumatica Releases Version 2.2 of its Cloud Accounting, ERP, and CRM Software

New features improve capabilities for wholesale distributors, manufacturers, multi-national companies, and service companies.

On August 17, 2011 Acumatica released the latest version of its Cloud ERP software that includes several customer driven enhancements such as automated bank reconciliation, inventory allocation by sales order, expanded replenishment algorithms, flexible payment remittance, and more. Cloud and on-premise customers can choose to install these updates at a time that is convenient to them.

“Acumatica responded quickly to our needs by delivering inventory allocation features that are critical to our distribution business,” said Ehren Dimitry, President at AME Corporation. “Even after my initial purchase, I was able to work closely with product experts who were able to configure the upgrade for my business.”

Acumatica 2.2 includes changes and updates to the financial, distribution, and customer management modules. Many features were implemented based on customer requests while others were built to expand the reach of Acumatica in the wholesale distribution, manufacturing, retail, and service industry verticals. The changes were built using the Acumatica web development platform to ensure compatibility with existing security settings, reporting capabilities, customizations, and third party modules.

“Our advanced platform design allows us to rapidly publish new releases without breaking customizations made by partners and customers,” said Ali Jani, Vice President of Product Management at Acumatica. “This is critical for our mid-sized customers who want to take advantage of Cloud technologies but require software that adapts to their unique business processes.”

Availability:
SaaS customers and license customers with up-to-date maintenance contracts can get the latest release by contacting their value added reseller (VAR) to schedule an upgrade. Details about the release can be downloaded from the Acumatica Cloud ERP website.

VAI Webinar: VAI’s S2K for Rental-VAI's S2K Rental Software is a comprehensive management system designed for the rental industry.

If you rent tools, party goods, scaffolding, aerial platforms, amusement items, construction equipment, or just about anything else, this solution provides all the tools you need to effectively manage and grow your rental operation. It covers all aspects of a rental business including Reservations and Allocations, Financials, Equipment Servicing, Sales Order Processing, Inventory Management, Purchasing, and CRM.

To Register, visit: http://www.vai.net/events/details/26-rental.html