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Technology Stocks : Mbrane (NASDAQ: MBRN) - An enterprise solution?

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To: Shinie who wrote (313)3/27/1999 5:25:00 PM
From: Veiko Herne  Read Replies (1) of 1238
 
Thank Cathy.

What Do You think about it? We made also a CTD Repository project management interface using Net.DB. If somebody is interested about this, please contact me mailto:veiko@financials98.com.
We are in position to reevaluate our financials98 modules packaging.
The following letter has been sent out and if somebody here have any ideas, please write them:
When we decided about the concept to our Financials98 accounting module, most of the accounting products was built for postings and tax
reporting. We built our product different, like:
GL postings can be in most cases automated as summarized results of
business process applications;
There must be high flexibility to build up account chart and GL to fit
in different businesses and different analyze needs;
Several different and easy to built reports (like income statements,
balance sheets, cash flow statements) must be allowed for different
groups (management, owners, IRS), budgeting and financial analysis must be directly integrated to GL.

Based on the marketing feedback people are expecting to buy budgeting
and ratio analysis modules separately. Do we must change our strategy
and start to sell versions of those modules without a GL integration?

For our customers need, we have built additional modules like
sales&invoicing and to follow those payments a cash-flow management,
project and and task management and depreciable assets and long term
costs management. We included previously all those modules to one
package - Financials98+.
Currently we believe, that future of invoicing and cash-flow management is outsourcing them to financial institutions and e-commerce companies.
So are we making a right decision to forget those modules within general accounting application?
For project and tasks management, we built a separate product using web interface. With WEB interface, we extended the functionality to
help-desk and job-cost functionality and added easy and flexibility for user interface design by webmasters. The web interface also allows self service and minimizes the extra job to manage projects. As there have been very minimal interest to this web based module, do we made a wrong decision or haven't we yet market it to right customer base?
We believed, that new media and computer software companies will love
this.
Lot's of governments have been reduced the regulations for depreciable
assets, but in US there are very tight regulations about those assets
and long-term costs. As we see US as one of our future market, our idea is to include our asset management version with basic accounting
package.
Will this be a good decision or do customers still want to purchase a
asset management separately?
Any feedback about those issues are welcome.

Veiko
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