Astute Software Products Ltd, the UK headquartered developer of leading financial and supply chain management solutions, has achieved initial success in the South African industry by signing up ATM Solutions soon after Astute`s official entry into the country.
The signing of this new business within the first quarter of South African operations cements Astute Software`s decision to enter into the local market.
Says Dion Retief, Managing Director of Astute Software Southern Africa: "On launching we were aware of the local market`s immense potential, we realised that local companies are facing the same challenges as their international counterparts.
"Astute`s international success was relevant because an increasing number of local companies are looking to migrate to accounting products without incurring large initial investments. By combining a low risk transition with true mid-market functionality, Astute presents a compelling business proposition to organisations that have outgrown the restrictions of low-end products. The overwhelming positive response and initial success shows that local companies are willing to migrate to a proven international product - if it can offer them a good business proposition!"
ATM Solutions, the leading provider of off-premise ATMs in southern Africa - and SA`s Best Non-listed Company for 2003, has signed a two-year deal that will replace its existing accounting software with Astute. Astute`s product offering was selected after ATM Solutions reviewed other leading mid-market products. The solution was chosen because it could significantly reduce month-end reporting and manual processing. A significant benefit of selecting Astute was its ability to easily integrate with ATM Solutions` proprietary front office systems.
Says Wayne Abramson, Financial Director of ATM Solutions: "We selected Astute for its compelling business case and superior functionality that will allow it to scale with our business."
Astute`s entry into the market has allowed small and medium-sized companies access to a world-class product. Astute is a next generation product that has been developed on current platforms and focuses on customer needs such as Internet capability, customer relationship management, information sharing - while providing true supply chain functionality. The product supports business growth by providing innovative accounting software that scales with customers as they expand in the mid-market.
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