PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Sage Software India (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Teamlease Selects Sage Accpac ERP by Sage India to Automate its Accounting and Financial Processes - Sage Software India today announced the successful completion of the implementation of Sage Accpac ERP at TeamLease Services. Sage Accpac ERP is expected to automate TeamLease’s accounting and financial processes
Teamlease Selects Sage Accpac ERP by Sage India to Automate its Accounting and Financial Processes

 

NewswireToday - /newswire/ - New Delhi, Delhi, India, 2009/06/01 - Sage Software India today announced the successful completion of the implementation of Sage Accpac ERP at TeamLease Services. Sage Accpac ERP is expected to automate TeamLease’s accounting and financial processes.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Ease of use, quick deployment and superior integration capabilities make Sage Accpac ERP the preferred choice of India’s largest staffing company.

New Delhi, June 1st, 2009-Sage Software India today announced the successful completion of the implementation of Sage Accpac ERP at TeamLease Services. Sage Accpac ERP is expected to automate TeamLease’s accounting and financial processes. The solution has been implemented by Sage’s Bangalore-based partner New-Age Business Consultants.

Business Challenge:
TeamLease ran its accounting on Tally. Tally was unable to scale to meet TeamLease’s transaction volume growth - 2000 Customer Invoices and Salary Journal entries, 60,000 payments per month. This meant entering only summary transactions into Tally and required multiple Excel files to be managed and reconciled. Further all MIS had to be prepared outside the system, again in Excel.

Solution:
In October 2006, TeamLease decided that they need a more robust and scaleable solution for their accounting and financial processes. Sage Accpac ERP was selected for the following reasons:

• Ability to bring in all transactions at line item level and to scale further as TeamLease continues its rapid growth;
• Quick implementation, configuration, training, testing and hand-holding during go live;
• Ease of use and maintenance;
• Ability to import large amounts of data from Excel files;
• Ability to generate flexible MIS based on SBU, Branch, Department, etc.;
• Ability to configure and provide reports to meet Indian statutory requirements - Service Tax, TDS, etc.;
• Ability to add other integrated modules for Finance and Operations.

TeamLease made the decision to invest in Sage Accpac ERP Financial modules of General Ledger, Accounts Receivable and Accounts Payable and Sage Accpac Insight in December 2006. Implementation commenced in January 2007. TeamLease went live on April 1, 2007, i.e. within 3 months of start date. MIS for May 2007 was generated fully through Sage Accpac Insight and Sage Accpac ERP customized reports.

After successfully using the application for seven months TeamLease is now considering additional modules of Sage Accpac to cover requirements of Bank Reconciliations, TDS, and Fixed Assets and operations modules of Purchase Orders and Purchase Order Approval.

Sage Software India – Managing Director, Mr. Thomas Abraham stated- “Sage software specializes in business management solutions for the SMB segment. Sage Accpac ERP is a perfect fit for companies like Team lease as it offers quick return on investment is configurable and offers an ideal platform for companies who are looking to migrate to a robust and a cost effective accounting solution. Selection of Sage Accpac ERP by Teamlease is of strategic importance to us as we get an opportunity to make our presence felt in a new industry vertical of staffing and Human Resource”

About Sage
Sage (sagesoftware.co.in) has over 1000 customers in India for its CRM, ERP, Payroll and HRMS products across industries like, Trading & Distribution, Manufacturing, Services, IT/ITES, Financial Services, Media, Travel and Hospitality.

About Teamlease
TeamLease is India’s largest Staffing Company with 70,000 Associates on its rolls. It operates from 19 geographical locations in India and provides a range of Temporary and Permanent manpower solutions to 750+ clients.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Sage Software India (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Teamlease Selects Sage Accpac ERP by Sage India to Automate its Accounting and Financial Processes

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Manish Kumar 
+91 11 40712488 webmarketing[.]sagesoftware.co.in
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Sage Software India (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Sage Software India (P) Ltd / Company Profile


Read Software Most Recent Related Newswires:

Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data
Earthlite Drastically Simplifies and Expedites Accounts Receivable Analysis with Datawatch Monarch
PTC Achieves AWS IoT Competency Status
Umbra, VM Backup Appliance Based on NAKIVO Backup & Replication, Generates Business for Integrative
SpringCM Chooses Xactly to Increase Data Accuracy and Enhance Sales Compensation Strategy
American Airlines Selects IBM as its Cloud Provide

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)