Visionary Software as a Service (SaaS) Offering Targets Medium-Sized Businesses With International Operations
BANGKOK, THAILAND - September 17th, 2007 - Geoprise Technologies announced today that it launched GeoBooks On Demand™, its visionary enterprise resources planning (ERP) application suite. The new SaaS offering is hosted in several countries and is delivered to end-users exclusively through a Web browser over the Internet. Geoprise customers using the GeoBooks On Demand service get all the capabilities of costly high-end ERP systems while realizing substantial information technology (IT) cost savings. Because there’s no ERP software to install or maintain, customers can also minimize or even eliminate the substantial up-front software licensing investment and customization required for traditional on-premise ERP applications.
“GeoBooks On Demand is an on-line ERP system designed specifically for businesses who need world-class accounting, planning and control capabilities but can’t justify the cost and complexity of high-end ERP software packages,” said Nelson Nones, the founder and President of Geoprise. “A key goal of ERP systems is to enable information sharing in conjunction with effective governance safeguards so everyone in the business has a ‘single bona fide version of the truth.’ But this can become a huge challenge when a business operates in many countries, time zones and languages. Most ERP offerings available today were never originally designed with the needs of multinational businesses in mind. Even today, the majority of low-cost and on-demand solutions just can’t handle basic requirements like multiple currencies and languages, nor do they provide the necessary precautions to protect the integrity of corporate data,” he said.
“We chose GeoBooks On Demand because of its multi-company, multi-currency and multi-language capabilities, and because it allows us to comply with local accounting requirements while doing all the currency translation, consolidation and financial reporting we need for our global operations,” reports Peter Holman, a Director of InfraAsia Limited, which provides project management, engineering and technical services covering communications and control technologies to clients throughout the Asia-Pacific region. “GeoBooks On Demand will replace three separate QuickBooks® installations with a single ERP system that is always available, can be accessed in any language from our offices in Hong Kong and Thailand, and allows us to instantly monitor the performance of our entire business,” he adds.
GeoBooks On Demand is very different in its conception and architecture from on-demand ERP offerings that are merely hosted versions of packages that can also be licensed on a perpetual-use basis for use on customer premises. Rather than adapting an existing ERP application, Geoprise chose to build completely new computer programs using PHP (PHP: Hypertext Preprocessor), a widely-used scripting language that is well-suited for Web server development and provides an ultra-thin browser front-end. Recognizing that some of its customers would prefer to have total control over their own data, while realizing cost savings from using on-demand ERP, Geoprise offers a unique GeoBooks Exclusive™ Service option in addition to its standard GeoBooks VPD™ (virtual private database) Service. Customers choosing GeoBooks Exclusive service can host their own ERP database on their own premises, behind their corporate firewall, while using the hosted GeoBooks On Demand application. As with the GeoBooks VPD Service, each Geoprise customer appears to run their own ERP system, and no customer is ever aware that other Geoprise customers are using the same application server.
Traditional menu-driven ERP systems operate on the basis of individual business transactions, but GeoBooks On Demand is driven by end-to-end business workflows that enable entire administrative processes to be carried out electronically. This is particularly useful for businesses that operate from diverse locations across the globe, because it eliminates the wasteful effort and delays that come from passing paper documents between various locations. This feature, in combination with built-in role-based access controls, makes it easy to implement segregation of duties (SOD) policies so no single person can initiate, authorize and monitor a critical process from start to finish.
GeoBooks On Demand is offered on a monthly subscription basis starting at US$ 65.00 per user per month, including maintenance and 24/7 customer support. There is no limit to the number of companies that a customer can set up or run with a single subscription. Customers have the flexibility to add or remove users at any time because there is no need to sign annual or long-term service agreements. Advance purchase and volume discounts are available that can reduce the cost of a monthly subscription by up to 15%.
About Geoprise Technologies
Geoprise Technologies Corporation was formed in 1999 by a core team of software executives with over a century of previous cumulative experience building enterprise resources planning (ERP) systems and implementing them worldwide. The company’s mission, then and now, is to create exceptional value for its customers by harnessing the power and economy of the World Wide Web to deliver world-class Software as a Service (SaaS) on a global scale. GeoBooks On Demand, the company’s flagship product, is truly visionary software built from the beginning as a Web 2.0 application. Geoprise values integrity through continuing professional accreditation, intense commitment to business ethics and profound respect for intellectual property rights. The company’s headquarters are in Minneapolis, Minnesota USA and its Asia-Pacific headquarters are located in Bangkok, Thailand. For further information, visit the company’s website at www.geoprise.com.
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