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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: bob zagorin who wrote (2923)2/2/2000 10:16:00 AM
From: bob zagorin  Read Replies (2) of 3067
 
Ross Announces Materials Management v5.0; Incorporates Unique Features for Public Sector and Healthcare Segments

ATLANTA, Feb. 2 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS), a leading provider of enterprise software solutions and the leading provider of ERP systems to the mid-tier process manufacturing, public sector and healthcare markets, today announced the availability of Materials Management v5.0. Tightly integrated with the iRenaissance financials system from Ross, this upgrade delivers powerful features that streamline inventory and purchasing processes, giving users the ability to automatically replenish materials by generating a purchase requisition or by reordering from an internal warehouse. Commitment- and fund-accounting features, critical to the public sector and healthcare segments, are incorporated throughout the module.

"This is a significant upgrade to the Materials Management offering from Ross, and one that offers the advanced functionality that is mandatory for clients, especially those in the public services arena," says Don Campbell, Vice President, Worldwide Marketing for Ross Systems. "The enhancements in this release will streamline and integrate the purchasing, inventory replenishment and invoicing processes. More importantly, this release simplifies these processes and minimizes necessary input from users, who are working in time-critical environments such as healthcare, where reducing time and paperwork offers a key advantage over the other systems in the industry."

Materials Management v5.0 allows public sector and healthcare organizations to ensure that materials are purchased and distributed in a timely manner. It supports electronic commerce with vendors, handheld computing and barcode devices, and use of a centralized database and automated procedures, eliminating the unnecessary paper chain often associated with purchasing and inventory processes.

Powerful inventory control features give users instant access to invoice and requisition information, and unparalleled visibility across the organization's entire inventory. In addition to the many functionality enhancements included in this release, Materials Management v5.0 is designed to support organizations that have multiple warehouses or even multiple divisions or companies within the parent organization. It also offers multiple-units-of-measure support, necessary when materials are purchased, stored and used in widely varying amounts.

For More Information

Materials Management v5.0 is currently available as an upgrade for Ross Systems clients with earlier versions of the module. To learn more about Ross Systems, Materials Management v5.0, or how to upgrade to the latest version, please visit www.rossinc.com , or contact a Ross representative at 770-351-9600.
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