NOVATO, CALIF. (March 16, 2000) — AccountMate Software Corporation today announced it has forged a strategic alliance with Silvon Software, of Westmont, Ill., a leader in the Business Intelligence industry. The alliance gives small and midsize businesses access to a combined solution that is affordable, but has functionality on par with enterprise-level Business Intelligence/Financial Management systems.
With the alliance, Silvon, historically a developer of enterprise level Business Intelligence software, has integrated its new midsize offering, Silvon Sales DecisionMart, with Visual AccountMate, AccountMate’s award-winning financial information platform. By integrating the two Microsoft SQL Server-based software applications, midrange businesses will gain access to a tightly integrated Client/Server Business Intelligence solution comparable in performance and functionality to expensive offerings until now only available to large enterprises.
"The integration of DecisionMart with Visual AccountMate is a major step in our efforts to increase presence in the midmarket and deliver affordable, full featured Business Intelligence solutions," said John H. Hughes, senior vice president of Sales and Marketing at Silvon. "Our relationship with AccountMate allows both our companies’ channels to offer small businesses the type of information management before reserved only for their largest competitors."
"This alliance is of an enormous benefit to both our Business Partners and the more than 120,000 AccountMate end users," said Greg Tognoli, AccountMate Vice President of Sales and Marketing. "For years larger businesses have understood the important role Business Intelligence software plays in the corporate decision making process, with this alliance our end users have an opportunity to take full advantage of the information at their disposal."
Silvon Sales DecisionMart is designed to simplify and speed up the process of user access and analysis of meaningful sales- and marketing-related information based on a customer's business management system data. By simplifying integration with Visual AccountMate, Silvon Sales DecisionMart allows customers to easily extract and automatically create a real-time business intelligence solution tailored to provide business performance answers such as: detailed sales performance by geography; by individual representative by product; market segmentation; product line profitability; exclusion reporting; trend analysis; returns analysis; promotion and pricing analysis; and more.
Silvon Sales DecisionMart is built around an architecture that provides critical flexibility and scalability. This architecture is Silvon’s DataTracker Application Foundation, which allows clients to start small and grow to meet future needs without costly software and hardware changes. In addition, clients can easily add applications, create new business rules and expand the capabilities of their Silvon Sales DecisionMart system while protecting their initial system investment. Pricing for Silvon Sales DecisionMart starts at under $40,000 and includes Silvon's data mart software, Microsoft SQL Server database, an IBM Netfinity or Compaq ProLiant server, and installation services.
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Founded in 1984, AccountMate Software Corporation is an award-winning developer of integrated accounting solutions. AccountMate product lines offer core financial solutions, plus programs designed for manufacturing, distribution, retail, wholesale, property management, real estate and other vertical markets. Visual AccountMate is available on the PC/LAN, MS/SQL and AS/400 platforms. AccountMate makes its true-32 bit object-oriented source code available and is available in multilingual versions. Visual AccountMate is year 2000-ready. AccountMate Software currently has over 120,000 installations serving over 200 industries worldwide, and is designed for businesses from start up to divisions of Fortune 1000 corporations. All AccountMate Software products are sold through a channel of over 3,000 Business Partners worldwide.
Founded in 1987, Silvon Software is the market leader in business intelligence solutions targeted specifically to businesses in the manufacturing, wholesale distribution and retail industries. These solutions, which are based on the company’s core DataTracker technology, provide a one-stop shop for customers to unlock the hidden value that is stored within their corporate databases and to enable rapid, analysis-driven decision making for competitive success. Silvon solutions are currently installed in more than 1,200 sites worldwide and supported by a network of OEMs, value-added resellers and independent distributors.
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