Scala Business Solutions has announced that the latest version of its iScala Collaborative ERP system has achieved the German IDW PS 880 quality certification. The certification assures users that the iScala core financial processes meet the stringent accounting regulations that have been set by the German audit standards body.
"The IDW certification is another indicator of the quality of the iScala product. It gives our customers assurance that Scala is committed to delivering products that address even the most rigorous quality standards for accounting software," says Shamik Sinha, CEO of Scala Africa.
He says this type of independent certification significantly boosts the internal quality control requirements for software applications, especially to meet exacting standards of corporate governance. Locally relevant financial compliance regulations include the King II recommendations and the Basel Capital Accord for the banking sector.
Released in September last year, iScala is the fastest-selling upgrade in Scala's 25-year history and customers continue to be excited by its ability to drive productivity and profitability.
Sinha explains: "We are also encouraged by the fact that the number of customers using the latest version of iScala has increased by 40% since the beginning of the year, to more than 700 around the world. Gaining a respectable quality certification like the IDW's assures our customers that they can be confident in iScala's ability to help them adhere to the stricter financial reporting regulations they are now seeing in place in many countries. iScala provides them with a standard platform for accurate accounting across their subsidiaries and divisions worldwide."
Designed to provide complete business management capabilities for companies anywhere in the world, iScala delivers an integrated ERP, CRM, and SCM solution on a Web services platform tailored for local language, tax and legislative requirements. iScala offers an overall view of the business as it happens, a foundation for automated collaboration with customers and suppliers, and advanced functionality to streamline business processes and drive profitability.
Sinha concludes: "We have just launched our latest iScala campaign for this quarter offering more business functionality, giving customers far greater breadth and depth to their systems to ensure a speedy return on their investment. iScala will continue to meet our customers' business requirements wherever they do business, both now and well into the future."
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Scala Business Solutions offers a collaborative ERP system to make business simple. Whether companies do business in established or emerging markets, or both, or even in some of the world's most difficult-to-get-to places, Scala offers them the most complete, integrated ERP, CRM and SCM solution on a Web services platform to help them increase their business efficiency and productivity. Scala has the local know-how and expertise to deliver results for businesses anywhere in the world, gained from over 25 years working with international companies and their subsidiaries and divisions in all types of industries. Scala delivers software and services which support local currencies, accounting regulations and legal requirements in more than 30 languages in over 140 countries.
Scala is listed on the Euronext Amsterdam Stock Exchange (symbol: SCALA). 2002 revenue was US$73.4 million.
Visit Scala's Web site at www.scala.net for press information including press releases, information for investors, and company and product information.
Scala Africa
Scala Business Solutions is represented in Africa and the Indian Ocean Islands by Scala Africa, which provides sales, consulting and implementation skills to a customer base of 70 companies in SA and a further 300 in the rest of Africa and the Indian Ocean Islands.
Headquartered in Johannesburg and with offices in countries including Kenya, Uganda and Nigeria, Scala Africa (Pty) Ltd, is a truly pan-African concern that offers integrated, collaborative ERP solutions to businesses across the continent. Visit Scala's Web site at www.scala.co.za for press information including press releases, information and product information.
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