Infinium Software, Inc, a leading developer of Web- and server-based business software applications for high-growth companies, today announced that the Chicago-based consulting firm, System Development Integration (SDI), is implementing Infinium Financials for Microsoft Windows NT to automate key aspects of the firm`s business, including project accounting, time and expense entry, and billing.
Infinium Financials for Windows NT is a powerful solution that provides enterprise-wide financial management capabilities in real-time, which allows its users to react immediately to key business indicators. After evaluating several software providers` technologies, SDI chose Infinium Financials to replace its current Timberline system. Infinium`s software will automate many of the project management processes traditionally done through a series of manual steps such as comparing project budgets to billing. Infinium Financials? budgeting, activity-based costing, time and expense entry system, flexible billing, project profitability analysis, and easy integration with other productivity tools are just a few of the capabilities that sold SDI on Infinium.
The Infinium solution has been tailored to the specific needs of SDI and delivers powerful business benefits. According to SDI Chief Financial Officer Sharee Long, "The ability to monitor and evaluate projects in real-time through an automated financial solution is a tremendous benefit. With Infinium`s Financials, our consultants will submit and track time and billing via the Web from anywhere. From a project management standpoint, time and billing is completely integrated with Infinium`s project tracking and accounting, so we can monitor and evaluate project efficiency, budget, and how well our resources are being deployed. This is invaluable and we fully expect our clients will benefit greatly from this improved efficiency."
SDI is not alone. More and more professional services organizations are turning to Infinium because its business and technology solutions meet the needs specific to service-based business models. "It has been an exciting year at Infinium, with the number of service-based companies using our solutions growing by more than 300 percent," says Eric Austvold, Infinium`s director of product planning and management. "What`s particularly exciting about our Infinium Financials solution is that managers can evaluate projects as they are moving forward, and can also evaluate past projects to conduct a profitability analysis by project, client, or division to make sure they are running their businesses effectively."
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Infinium Financials for Microsoft Windows NT
Infinium Financials is a total financial management solution with flexible budgeting, activity-based costing, invoice and payment processing, time and billing, and detailed reporting systems across the enterprise. The Infinium OneBook design provides a single, unified accounting system that improves the efficiency and quality of information while reducing the time and costs of closing accounts. With the Infinium OneBook integrated ledger, there is no need to manually intervene with the management, transfer and reconciliation of postings between disparate accounting systems as books are reconciled at the time of each transaction.
With Infinium Financials for Microsoft Windows NT, the general ledger and its related ledgers and sub-ledgers are always in a state of perpetual close. In addition, Infinium Financials is written exclusively for Microsoft Windows NT for the smoothest integration with other popular Microsoft applications. Infinium Financials also supports EMU requirements.
Infinium Software, Inc.
Infinium Software offers a full range of Web- and server-based financial, human resources, materials management, and process manufacturing business applications. Infinium Software`s products are designed to help high-growth companies thrive by delivering exceptional functionality and a high degree of flexibility. Infinium Software has more than 1,800 customers around the world representing a variety of industries including healthcare, hospitality, retail and process manufacturing. Founded in 1981 and previously named Software 2000, Infinium Software has offices worldwide, with headquarters in Hyannis, Massachusetts. Infinium Software`s Web site can be found at http://www.infinium.com.
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