Software provides financial consolidation and reporting.
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Press Release Summary:
Enterprise Business System integrates Analytical Suite with financial applications, allowing users to enhance accounting functionality, and integrate spreadsheet and other non-general ledger data sources to create comprehensive financial reports. Version 6.5 of FRx Financial Reporter and FRx Forecaster, when coupled with supporting general ledger, enable users to access data from general ledger to begin budgeting process, build actual-vs-budget reports and drill back to data at its source.
Original Press Release:
Made2Manage Adds Financial Capabilities to Enterprise Business System Through FRx Software Analytics Suite
Latest Release of FRx Bolsters Existing Accounting Functionality
CHICAGO and INDIANAPOLIS, September 9, 2002 Made2Manage Systems Inc. (Nasdaq: MTMS), a leading provider of comprehensive enterprise business systems for mid-market manufacturers, announced today at the IMTS Manufacturing Conference in Chicago new benefits through its partnership with FRx Software Corporation, a provider of advanced financial reporting, budgeting and planning, and financial analytics applications.
With the integration of FRx Software, the Made2Manage(TM) Enterprise Business System provides expanded financial consolidation and reporting capabilities. By integrating FRx Software's Analytic Suite with existing Made2Manage financial applications, users can enhance Made2Manage's high-level accounting functionality, and at the same time integrate spreadsheet and other non-general ledger data sources to create comprehensive financial reports that support business managers in making mission-critical decisions.
Version 6.5 of FRx Financial Reporter and FRx Forecaster offer additional features to increase the two products usability and compatibility with one another and with supporting general ledgers.
Both versions boast enhanced integration features that, when coupled with supporting general ledger, enable users to seamlessly access data from the general ledger to begin the budgeting process, build actual-versus-budget reports and drill back to data at its source, said Chris Lenzo, Made2Manage Systems director of product management.
By integrating the Made2Manage Enterprise Business System with the latest versions of FRx Financial Reporter and FRx Forecaster, our customers can really come to grips with all the financial functions required to run a successful manufacturing business, said Karen Jung, product marketing manager at Made2Manage Systems. Through partnerships such as this, we are continuing to enhance the already extensive capabilities of the Made2Manage Enterprise Business System.
About FRx Software
FRx Software Corp., a Microsoft Business Solutions company, is the leading provider of advanced financial analytic applications to mid-market and emerging enterprise organizations seeking to bring more control to their financial analysis and reporting processes. Its flagship product, FRx® Financial Reporter, is used by more than 100,000 sites worldwide to bring control to the financial reporting process. FRx Financial Reporter also is
considered the financial reporting standard for mid-market companies and emerging enterprises, with interfaces to more than 50 industry-leading financial accounting systems. FRx® Forecaster is a browser-based budgeting and planning application that makes it easy for organizations to immediately realize the benefits of budgeting. Enterprise Reporting, the third application rounding out FRx Software's comprehensive product suite, gives companies the flexibility to create the most efficient solution for complex, distributed reporting requiremenits. With Enterprise Reporting, companies can easily automate procedures unique to their business environment to give them complete control over consolidations, statutory reporting, budgeting and analysis. Additional information about FRx Software can be obtained by calling (800) 379-8733 or by visiting the company Web site at www.frxsoftware.com.
About Made2Manage Systems Inc.
Made2Manage Systems delivers a comprehensive, fully integrated Enterprise Business System designed specifically for the unique needs of mid-market businesses. The enterprise solution addresses the most critical business processes facing mid-market manufacturers, creating a system that requires minimal customization and administration. Utilizing Microsoft technology, the end-to-end solution guarantees Made2Manage customers get their businesses online and working efficiently as quickly as possible, helping them to compete effectively against growing global competition. With more than 25,000 licensed users, Made2Manage works with leading suppliers behind some of the nation s biggest brand names. Visit the Made2Manage Systems Web site at www.made2manage.com. Made2Manage Systems can be reached via e-mail at info@made2manage.com or by calling (800) 626-0220.
