Ernst & Young announced that Navision Financials 2.00 has attained the BASDA EMU (European Monetary Union) Accreditation for multi-currency and triangulation. In the first round only six software packages passed with Navision Financials receiving an "Advanced" rating. This accreditation is the first multi-currency and triangulation standard designed for enterprise business software applications.
"With literally hundreds of software packages in the marketplace, we are honored to be awarded this prestigious accreditation," said René Stockner, Vice President of Sales and Marketing of Navision Software a/s. "We`re proud to help lead the way for both our customers and the rest of the global middle market in making the transition to the euro as smooth as possible." From its inception, Navision Software`s Euro Project Team, a vital component in the design of Navision Financials 2.00, built its global software according to BASDA and EMU guidelines to ensure successful euro compatibility.
"The BASDA standards and Navision Software`s goals were similar from the very start-both require the solution to be easy to set up and simple to use," said Merete Lydolph Larsen, Product Manager for the Euro Project Team at Navision Software a/s. "Ernst & Young reinforced that message by confirming that Navision Financials has true euro functionality and will provide real business solutions." Testing for complete euro compability almost turned out to be too complicated for software vendors. Ernst & Young therefore approached BASDA with a view on how to test applications against the BASDA EMU Accreditation Standard. Navision Software volunteered as the first vendor to be tested. Navision Financials 2.00 now has the right to carry the official BASDA EMU accredited logo designed by Ernst & Young and BASDA.
Ernst & Young
Moret Ernst & Young made the test and specialize in information systems auditing as a member of Ernst & Young International, based in the Netherlands.
BASDA
The Business & Accounting Software Developers Association (BASDA) was founded in 1993 and has grown to represent more than 300 members of large and small companies with an interest in the development, accreditation and marketing of business and accounting related software products. The Association is strongly committed to improving software quality standards in the industry and is working closely with the Bank of England and The Department of Trade and Industry on the plans for Economic and Monetary Union.
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Navision Software
Navision Software`s solutions are sold through a worldwide network of Navision Solution Centers staffed with certified professionals dedicated to providing customized solutions, training, support and service. The company has a reputation for being first to market with advanced technologies in enterprise business solutions, and Navision Financials has received the Designed for Microsoft Windows 95/NT logo, Designed for Microsoft Windows 98/NT logo, the Designed for Microsoft BackOffice logo and the Microsoft Office 97 logo.
Founded in 1984, Navision Software is a leading developer of innovative enterprise business solutions. Navision Software has more than 31,000 installations worldwide in 75 countries and 22 different country-specific versions. Some of Navision Software`s clients include Adidas AG, AC Nielsen, Bang & Olufsen A/S, BASF AG, BMG Entertainment International GmbH, Florimex Worldwide GmbH, F.L. Smidth A/S, Hoechst AG, KIA Motors GmbH, Oticon A/S, Spencer Stuart B.V., Steinway & Sons and Winter & Co UK ltd. The company is headquartered in Vedbaek, Denmark. Navision Software can be found on the Internet at http://www.navision.com.
Microsoft, Windows, Windows 95, Windows NT, SQL Server and BackOffice are either registered trade-marks or trademarks of Microsoft Corp. (NASDAQ: MSFT) in the United States and/or other countries.
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