Banks around world failing to meet government commitments – VRL Financial News
By ECM Plus staff
ECM Plus +++ In a new damning report ‘The Best Practices In SME Banking’ released today, top financial and professional services information provider VRL has found that despite demands over commitment by banks to lend more to small-to-medium sized enterprises, in real terms, lending is in fact ‘growing at a snails’ pace’ the report states. Continue reading →
Today’s enterprise application forecast: Cloudy with a Chance of Transformation
By ROB PRINZO
The rapid pace of technology innovation combined with market forces creates the opportunity for organizations to find additional operating efficiencies through technology. These efficiencies are being found through consolidation, shared services, outsourcing and new deployment models such as SaaS and cloud computing. Continue reading →
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AuralPortal gets holistic in Integrated business process management suite
By ECM Plus staff
ECM Plus +++ BPM bellwether AuraPortal is introducing new modules for its Business Process Management Suite: Content Management (CMS/ECM), a complete online commerce platform (eCommerce) and a new CRM (Customer Relationship Management) ~Process Patterns, which the company said will fully-integrate with existing AuraPortal apps.
AuraPortal said their BPM suite is now 100 percent web-based and claims it can cover all of the essential areas of a company’s business management structure. Continue reading →
Cloud wobbles as firms deliberate over ERP, hybrid and others
Enterprise cloud takeoff sluggish as ERP considerations weigh heavy
By ECM Plus staff
ECM Plus +++ A new survey by UNIT4 Business Software gauging the current attitudes to cloud take-up for core back-office functions, has revealed three main themes emerging.
According to the findings, the first is that cloud adoption rates remain steady this year; the second finding is that cloud adoption in the public sector is set to grow at the same rate as in the private sector; and, that enterprise applications will move to the cloud gradually over the next 10 years. Continue reading →
Partners to present best practices at South African document capture and business process automation conference
By ECM Plus staff
ECM Plus +++ Document bellwether Kofax plc (LSE: KFX) is to co-host the Document Capture and Process Executive Forum this week on April 7 in Johannesburg, South Africa.
The event will also feature findings from a recent study that illustrate how electronic content is developing from basic “systems of record” to empowering higher value ‘systems of engagement’ and how document capture, the critical first step in the content management lifecycle, serves as a foundation for such capabilities. Continue reading →
ENTERPRISE FINANCE: ERP, HCM, specialist secures expansion capital in £50m Lyceum investment
By ECM Plus staff
ECM Plus +++ Colchester-based business management specialist Access UK has been successful in its bid to go ahead with a rapid expansion strategy after securing a £50 million deal with growth investor Lyceum Capital.
According to the company, the capital injection will help to boost the range of enterprise resource planning (ERP) software and services, with a particular slant on financial management systems (FMS) and human capital management (HCM) the company said. Continue reading →
Martyn Christian, Chief Marketing Officer at FTSE-250 listed Kofax plc (LSE: KFX) talked to ECM Plus about the Top 10 reasons to automate your accounts payable processes, and, the wider opportunities for cost reduction and efficiencies through document-driven business process automation. Continue reading →
What is being done to restore confidence in corporate reporting and governance and to avoid future attempts to mislead stakeholders by bolstering systems and process controls?
By PAUL QUIGLEY
When Enron fraudsters were given custodial sentences for their parts in the systemic fraudulent trading activities that epitomised Enron’s fall from grace a decade ago, few could have foreseen that such a sorry chapter in corporate governance could ever plumb such depths of ethical disdain and moral hazard again. Continue reading →
Jobsworth jitters as civil service finance workers opine in wake of CSR slashbacks
ECM Plus – Almost two-thirds of public sector finance workers surveyed by document management software vendor Version One say that they currently have ‘a positive vision’ of their department’s future in the wake of the ConDem coaliton’s ‘Comprehensive Spending Review’.
The survey, conducted with 158 finance civil servants in various public sector departments and agencies working for the government found that 62 percent were ‘feeling confident’ about their future. Continue reading →
Invoice system automates processing of four million documents annually
BY PAUL QUIGLEY
ECM Plus +++ Kofax, the specialist in document-driven business process automation has announced a new contract to provide an enterprise capture solution to a leading global technology firm. The value of the contract to Kofax exceeds US$200,000, the company said.
The customer, a manufacturer of safety, security and energy products and services, will implement Kofax Capture and Kofax Transformation Modules to scan and capture four million invoices and related accounts payable documents it receives annually. Continue reading →
Multi-dimensional monetization affiliate commerce exchange to monetise and federate gateway for mobile value chain.
BY PAUL QUIGLEY
ECM Plus – Wmode’s new ACE platform builds on its existing billing and payments technologies for wireless carriers, the company said, by expanding the service offering to include mobile service providers, app providers, and content providers.
According to Wmode, organisations are able to connect together, enabling commerce between them and end-users, by providing a suite of app store functionality.
Some of the platform’s highlighted functions include: identity management, subscription management, payment processing and settlements, affiliate merchandising, analytics and reporting.
The ACE Identity Management features include federated IDs across multiple applications, a common user authentication platform, and a digital locker, Subscription Management incorporates service access control and end-user self-serve management, while Payments and Settlements focuses on settlements of transactions between multiple parties, flexible billing, eWallet, virtual currency, stored value services, and incorporating loyalty programs. The Affiliate Merchandising engine contains bundling, promotions, coupon codes, affiliate codes, dynamic business models, app discovery services, and many other techniques that enable users to find and sign up for suites of apps. Finally, Analytics and reporting includes tracking, data mining and transactional reporting of all services and applications.
Terry Hughes, head of market development at Wmode said: “Today’s app stores typically have a limited set of relationships between the store provider, the merchant and the end user; ACE enables multiple parties to connect together to integrate, bundle, price, deliver, collaborate and innovate, knowing that the complexities of payments, tracking, reporting, analytics and fulfillment are being taken care of. To deliver this, ACE leverages some of the ICT industry’s best-of-breed technologies including digital authentication, federated ID management, subscription services, advanced payment processing and settlement tools, and affiliate marketing systems.”
Wmode said ACE is targeted to help wireless carriers, app store providers, major brands, and service providers who want to monetize interconnected and complex mobile value chain.
Certification for enterprise manufacturing from QiSOFT
ECMPlus.com – by Paul Quigley – SAP certification has been awarded to Leyland based QiSOFT for a new browser-based version of its enterprise manufacturing intelligence software suite, QIS – ERP1.0.
The new version was developed using the SAP NetWeaver technology platform and it fully integrates with the QiSOFT software and other third party systems through SAP XI/SAP PI interfaces.
“In developing the browser version, we have responded to a growing need from SAP customers who seek integration throughout the enterprise. We are offering customers the best of both worlds, combining the stable and functionally rich QiSOFT manufacturing suite with the lean, swift-to-deploy browser version. Customers can make use of the full manufacturing application suite where it makes sense to do so alongside the browser-based version,” says Tim Perris, business development manager.
“Data can be collected manually or automatically from the process and laboratory and instantly transformed into rich information for analysis and site or enterprise-wide reporting.”
As part of the SAP online solutions directory, QIS ERP 1.0 allows for rapid, cost-effective implementation and is attractive to companies with moderate data needs without investing in costly infrastructure. The QiSOFT mission is to deliver higher and more consistent levels of quality for manufacturers by the gathering, interpretation and clear reporting of data on key process parameters for effective and timely management action. Manufacturing applications arise in food and beverage, pulp and paper, chemical, consumer packaged goods, paints and coatings and textiles.
The ability of QIS software to interpret large volumes of data has also led to the technology attracting wider interest from areas such as law enforcement, healthcare and drug diversion.
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