Paul Demery , Managing Editor, B2B E-commerce
Merchants Now Have Comprehensive Web-Based Accounting and Order Management Suite to Manage Multiple Brands and Sales Channels
BOSTON and SAN JOSE, Calif. - October 18, 2006 - Intacct Corporation, the leader in on-demand financial applications, and OrderMotion, an award-winning provider of an on-demand direct retail platform for direct marketers and retailers, today announced a partnership to integrate Intacct`s financial management suite with OrderMotion`s order management and fulfillment applications. Merchants will now have a Web-based, single sign-on platform to track multiple brands and sales channels throughout the customer life cycle - from order capture and inventory control to fulfillment and accounting.
"This partnership addresses a critical need for our customers - the ability to manage their financial activities from the same on-demand application they use to manage and fulfill orders," said Donny Askin, CEO of OrderMotion. "The combination of these two systems into one platform will provide merchants with a comprehensive financial and order management system designed specifically for the retail industry."
Through its innovative software-as-a-service (SaaS) application, OrderMotion centralizes all aspects of a direct marketing company`s back-end operations, including order capture, fulfillment, inventory, payment processing, database management and reports generation. Combined with Intacct`s on-demand accounts payable, accounts receivable, cash management and general ledger, merchants get a tightly integrated Web-based retail solution that tackles all aspects of commerce. Customers pay neither for hardware nor software as the new retail suite is delivered as a monthly subscription service over the Internet.
"We want to give customers the freedom of choice to buy, deploy and use the specific business processes required to succeed in their industry segment," said Robert J. Jurkowski, CEO and president of Intacct. "OrderMotion and Intacct bring to market a feature-rich and highly flexible on-demand retail management solution that enables merchants and direct marketing organizations to sell multiple brands through a wide variety of sales channels."
The Intacct-OrderMotion retail solution gives merchants real-time insight into their entire operations, which they can track on personalized dashboards displaying key metrics, such as new orders, inventory levels, fulfillment and cash flow. Customers can set up brands as separate entities, each with its own chart of accounts, business processes, user permissions and currencies. Intacct`s multi-entity consolidation feature let`s users combine financial data from all brands and channels into a central general ledger or run ad hoc reports on one or more entities.
As companies grow, it is easy to add new users, applications and business units, effectively making the Intacct-OrderMotion solution the last retail management system a merchant will ever need.
OrderMotion, with offices in Boston, New York and Toronto, provides an on-demand direct retail platform for direct marketers and retailers. The Company`s software enables merchants to easily process customer orders for multiple brands and from any channel, without costly, up-front investments in staff, software, and infrastructure. OrderMotion has supported the growth of over 1000 brands, including Ronco, Zabar`s, Wolfgang Puck, GoldSpeed.com, Warrior Golf, Sundance Spas, e-Diamonds, Healthy Pets, Metro Kitchens, NapaStyle and more. For more information about OrderMotion, please visit http://www.ordermotion.com.
About Intacct Corporation
Intacct provides on-demand financial applications for more than 2,000 small and midsize businesses. Over 9,000 users from startups to public multinationals pay a monthly subscription fee to access the first SAS 70 Type II certified financial, supply chain, business intelligence and project management suite on the Web-which enables corporations to comply with GAAP and Sarbanes-Oxley. Together with its strategic business partners, Intacct also offers a wide range of enterprise software to help companies of all sizes run their entire operations with one integrated application suite. Intacct`s financial management system supports all your business units, each with its own account structure, business processes, currencies, taxes and regulatory requirements. The ability to add more users, applications, currencies and business units as you grow makes Intacct the last financial management suite you`ll ever need. Headquartered in San Jose, California, with operations in Bangalore, India, Intacct is a privately held company funded by Deloitte & Touche, Emergence Capital Partners, Goldman Sachs, Hummer Winblad Venture Partners and JK&B; Capital.
Boldbrook Marketing & Public Relations, Inc.