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by Stephanie Neil, MA Editorial Staff
Posted on Tuesday, July 12, 2005 6:14:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Product rollout stalls vendor's acquisition plans, but will provide domestic customers with the same multi-lingual, multi-currency capabilities it makes available overseas. |
Netherlands-based Exact Software is planning in September to roll out its flagship Exact Globe Enterprise multinational Enterprise Resource Planning (ERP) software suite in North American, offering manufacturers the multi-lingual, multi-currency capability its current domestic offerings lack, company officials told Managing Automation today. The initiative signals the start of a long-term migration to a single ERP platform, but company officials said there would be no forced conversion to its "Globe" software anytime soon. And while the move has slowed Exact's North American acquisition-driven growth plans, having a multinational product for the North American market will ultimately attract new business, helping to propel the company toward its goal of doubling its business on this side of the Atlantic. Exact, which has a presence in 60 countries, built Globe" 20 years ago for companies in the Netherlands that needed an accounting package that could handle multiple currencies. In 2003 that back-end application was coupled with the company's e-Synergy software, which encompasses customer management, human resources management, document management and an online portal publishing capability. Described within the company as an "ERP product for rest of the business", e-Synergy operates off of the same data repository as Globe, making for a tightly integrated ERP/E-business package, officials said. [Click to continue] |
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