AccTech Systems streamlines Momentum Africa operations with Accpac ERP 500

Issued by 4Sight Holdings
Johannesburg, 15 Nov 2007

Africa`s number one Softline ACCPAC business partner, AccTech Systems, has successfully installed Accpac ERP 500 at healthcare administration and health risk management organisation Momentum Africa.

Phase one of the installation saw the roll-out of the new system to Momentum Africa`s head office in Melrose Arch, together with the setup of terminal services connections from the various African operations.

"A prerequisite for the new system was seamless integration with our health administration system," says Mark Friday, chief financial officer of Momentum Africa.

"Accpac`s integration, together with its advanced reporting functionalities, provided Momentum Africa with a perfect fit. We have offices in Lesotho, Botswana, Zambia, Tanzania, Mozambique, Mauritius, Ghana and Kenya. The fact that AccTech has representation in almost all of these locations made our choice of business partners an easy one," says Friday.

Tertius Zitzke, managing director for AccTech Systems, says Accpac`s general ledger (GL) consolidations enabled Momentum Africa to transfer account and transaction information between separate company and branch office locations. This functionality, together with Accpac`s Intercompany Transaction module, proved to be extremely valuable.

"The newly installed system automatically keeps a detailed audit trail of all consolidation activities. Momentum Africa`s system runs across various African subsidiaries and, as such, the GL consolidations modules have to translate from functional currency or source currency into the originating ledger. This standard feature of Accpac ERP resulted in a problem free installation," says Zitzke.

Friday says the results of the new system installed in phase one have been phenomenal: "We are looking at expanding the new technologies to other areas of the business and to include solutions such as Accpac CRM into some of our new business ventures."

AccTech Systems

AccTech Systems is a technology-independent IT solution and services provider. Certified as a Microsoft Gold Partner with competencies in ISV Software Solutions, Data Management Solutions, Information Worker Solutions and Business Process and Integration, AccTech has representation in five South African provinces as well as 11 other African countries. AccTech is also certified as a Premier Accpac Solution provider by Sage International and is currently ranked as the number one Accpac Solution provider in the world.

Softline ACCPAC

Softline ACCPAC is a global provider of business management solutions including financial, distribution, service management, retail, warehouse management, manufacturing and CRM to the mid-range market. Its solutions are delivered to 130 countries exclusively through its global network of solution providers including over 150 throughout Africa. Softline ACCPAC`s product line includes: Accpac ERP, Accpac CRM, Accpac RMS, Accpac Warehouse Management System and Accpac Insight.

Softline

Softline is a leading provider of accounting, payroll and CRM software solutions to small, medium and large companies. Founded in 1988 by Ivan Epstein, Alan Osrin and Steven Cohen, Softline was established during the formative years of the software industry and listed on the JSE Securities Exchange South Africa in February 1997. Softline expanded to establish a strong position within its area of focus in South Africa and Australia.

Focused on the development of accounting, payroll and CRM software solutions, Softline has a 16-year track record as a market leader. The group has a broad range of products offering users a variety of software solutions to run their businesses efficiently. Softline`s leading brands include Softline Accpac, Softline Enterprise, Softline Pastel (Accounting and Payroll) and Softline VIP. The combination of the group`s product offerings, provide Softline customers with comprehensive, well-branded accounting, payroll and CRM software solutions.

In November 2003, Softline was acquired by Sage Group plc, an established FTSE 100 company. The group includes market-leading businesses throughout the United Kingdom, Europe, North America, South Africa and Australia, supplying business software to the small, medium and large business community.

Softline has a solid track record of profitability and cash generation. The group delivers quality accounting, payroll and CRM software solutions that improve the efficiencies of businesses around the world.

Sage

The Sage Group plc, an established FTSE 100 company, is a leading supplier of accounting and business management software solutions and services to 5.2 million small and medium-sized clients worldwide. With over 13 000 employees, the Sage Group comprises market-leading businesses throughout Europe, United Kingdom, North America, South Africa and Australia. Its products and services are sold through a global network of 23 000 reseller partners, 40 000 accountants as well as directly to clients from Sage companies throughout the world. For the financial year ending 30 September 2006, the group`s revenue grew by 22% to lb935.6 million and the operating profit rose by 18% to lb235.8 million.

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