Press Release Summary:
Working exclusively on IBM Power i platform, N/Compass v11 features 10 applications, including AP, AR, general ledger, fixed assets, billing/order entry, inventory, purchasing, payroll, personnel, and menu security. Program can maintain and manage data on nearly 1,000 different companies, 10,000 departments, and 100 earnings or deduction codes/employee. Version 11 includes customization features, automated posting data, and optimized general ledger account balance listings.
Original Press Release:
Arrow ECS Releases Enhanced N/Compass Software for Accounting, Human Resources and Supply Chain Management
ENGLEWOOD, C.O. - Nov. 4, 2008 - Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. [NYSE: ARW], released a new version of its proprietary N/Compass software to help small- and mid-sized businesses better manage their sales and operations. N/Compass Version 11 features modifications for improved business flexibility, efficiency and accuracy.
Developed in 1988, the N/Compass software features 10 applications to support a wide range of business activities, including accounts payable, accounts receivable, general ledger, fixed assets, billing/order entry, inventory, purchasing, payroll, personnel and menu security. The software is used by casinos, hotels, accounting firms, health care, grocery stores and consumer goods manufacturers, among others. It is capable of maintaining and managing data on nearly 1,000 different companies; 10,000 different departments; and 100 earnings or deduction codes per employee.
N/Compass works exclusively on the IBM Power i platform. The applications integrate fully with one another or can run independently.
N/Compass Version 11 includes additional customization features, automated posting data and enhanced general ledger account balance listings. All applications have improved support and functionality.
"Arrow ECS' N/Compass software is a powerful, agile and comprehensive solution for information, supply chain and personnel management - and a lower cost solution than others on the market," said Mark Taylor, vice president of Arrow ECS' IBM Group. "The new features of Version 11 are based on market research and customer feedback, and address the growing need for compliance and security across all industries."
Further information about N/Compass Version 11 software is available at arrowecs.com/ibmgroup/products/ncompass.html.
About Arrow Enterprise Computing Solutions
Arrow ECS, a business segment of Arrow Electronics Inc. [NYSE: ARW], provides enterprise and midrange computing products, services and solutions to value-added resellers, system integrators, and independent software vendors. Based in Englewood, Colo., Arrow ECS connects its customers to the world's foremost technology suppliers, including HP, IBM, Sun Microsystems, EMC, NetApp, Hitachi Data Systems, and other leading storage networking, software, and security suppliers. Arrow ECS reported $4.8 billion in global enterprise computing solution sales in 2007. Visit www.arrowecs.com for more information.