Alchemex, the dynamic South African-based business intelligence software vendor, has teamed up with yet another Softline company.
This time it is Softline VIP Payroll that has launched the integrated "Business Intelligence Manager" powered by Alchemex, offering clients a simple and appropriate solution to deliver on their payroll information needs.
This complete software integration will see Softline VIP Payroll offering customers a suite of standard reporting templates, as well as more advanced functionality to customise and consolidate payroll and human resources information.
The Alchemex-powered solution is available across its Premier, Classic and Essentials product range. The exciting thing for businesses that invest in this solution is that they can begin to integrate information from their payroll and accounting/ERP systems creating management style dashboards in Excel.
Commenting on the convergence opportunities for businesses, Gary Boddington, Alchemex MD, said: "The majority of local companies also tend to use one of the more popular accounting/ERP systems like Pastel, ACCPAC, SYSPRO, Great Plains or SAP Business One in conjunction with their VIP Payroll application. This offers them a great opportunity to standardize their information delivery on Alchemex, which provides solution sets for all these install bases at different levels."
Boddington added: "Softline VIP Payroll is a very professionally run organisation and we are proud to be associated with such an opportunity."
Five years ago, Alchemex was founded with the vision of delivering a simple reporting tool to company decision-makers who experienced frustrations with reporting. The company has shown tremendous growth and currently enables over 4 000 companies with its reporting software. Alchemex proudly claims to extend the value of a company's investment in existing software by providing a totally flexible reporting solution that leverages the power of Microsoft Excel to give decision-makers instant access to the right information, formatted the way they choose.
"We are excited about the benefits that can be derived from businesses payroll systems given the right tools," says Boddington. "We have spent many years studying and understanding the accounting/ERP market requirements and have built some very stable, robust and scalable technology. It is rewarding to see that the same benefits can be derived from the payroll sector of the market. One tends to forget that employees are often a company's greatest single cost, so it becomes critical to have a handle on these costs and related trends."
Softline VIP has 24 000 companies using its software across multiple business sectors. The Business Intelligence Manager Product integrates directly into the VIP software and gives a new dimension to the reports that can be extracted, says Sandra Swanepoel. Users want to have reports that give them insight into their business and not just heaps of information. The Business Intelligence Manager tool does exactly that. Business intelligence software gives businesses an added return on their investment and allows management to have a dashboard with answers instantly.
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