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'Value Buyers' To Benefit From SQL Financials, Deloitte & Touche New Alliance.


ATLANTA--(BUSINESS WIRE)--June 30, 1998--

-- Deloitte & Touche offers management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
 services to complement SQL SQL
 in full Structured Query Language.

Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results.
 Financials breakthrough in time for implementing

software applications --

SQL Financials International, Inc. (Nasdaq: SQLF) announced today a strategic national alliance with Deloitte & Touche LLP LLP - Lower Layer Protocol . Together, SQL Financials and Management Solutions & Services, a middle-market management consulting practice of Deloitte & Touche, will provide a joint implementation Joint implementation (JI) is an arrangement under the Kyoto Protocol allowing industrialised countries with a greenhouse gas reduction commitment (so-called Annex 1 countries) to invest in emission reducing projects in another industrialised country as an alternative to  methodology to deliver a coordinated services approach for SQL Financials customers. Deloitte & Touche provides financial management and information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives.  services a s a complement to SQL Financials CLARUS(TM) software applications and service delivery capabilities.

SQL Financials and Deloitte & Touche share a common philosophy to deliver an effective suite of products and services to value-conscious customers that seek a measurable return on investment. Both Deloitte & Touche and SQL Financials serve the "value buyer," a phrase used by SQL Financials to describe the buying characteristics of certain mid-to large-sized companies. Value buyers look for high quality, high-impact solutions that can be implemented with a breakthrough in time the ability to deliver applications that can be implemented, maintained and upgraded in a fraction of the time required by other vendors offerings.

"SQL Financials focuses on building business partnerships that provide significant added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 for our customers. We are excited about working with Deloitte & Touche," said Joe Bibler, president of SQL Financials Services. "Their focus on financial management, operations improvement and information systems complements SQL Financials core installation and implementation services." SQL Financials Services offers functional and technical consulting for installation, implementation and training of the CLARUS(TM) Financial, HRMS HRMS Human Resource Management System
HRMS High Resolution Microwave Survey (SETI, Project Phoenix)
HRMS High Resolution Mass Spectroscopy
HRMS High Resolution Molecular Spectroscopy
HRMS Human Resources Management Specialist
, and Procurement application suites.

Together, SQL Financials and Deloitte & Touche provide services that allow customers to focus their resources on critical business issues, such as gaining competitive advantages or expanding into new markets and not just on implementation issues In the Business world, companies frequently set-up a connection between which they transfer data. When the connection is being set-up, it is referred to as implementation. When issues occur during this phase, they are known as implementation issues. . Deloitte & Touche offers complementary services to SQL Financials customers such as project management, business process improvement, financial report design and development, data mapping Data mapping is the process of creating data element mappings between two distinct data models. Data mapping is used as a first step for a wide variety of data integration tasks including:
  • Data transformation or data mediation between a data source and a destination
 and conversion, post-implementation quality assurance, as well as a variety of other services.

"Our consultants are dedicated to helping clients become more efficient, more competitive and more profitable," said William Fisher People named William Fisher include:
  • William F. Fisher, Anthropologist and author
  • William Frederick Fisher, American astronaut
  • William Wordsworth Fisher, British admiral
  • William W. Fisher III, Ph.D.
, partner of the Management Solutions and Services practice of Deloitte & Touche. "To accomplish this, we provide services based on proven technologies and methodologies. SQL Financials shares our commitment to offer sophisticated products and services that meet the time, cost and resource requirements The components of a system that are required by software or hardware. It refers to resources that have finite limits such as memory and disk. In a PC, it may also refer to the resources required to install a new peripheral device, namely IRQs, DMA channels, I/O addresses and memory  particular to the middle-market segment."

The national alliance includes certification of Deloitte & Touche consultants through two levels of SQL Financials' CLARUS(TM) application training and software implementation. As a result, customers will benefit from a consistent service delivery approach and higher quality implementations.

Deloitte & Touche LLP, one of the nation's leading professional services firms, provides accounting and auditing, tax and management consulting services through over 23,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , a global leader in professional services with more than 72,000 people in over 125 countries. For more information about Deloitte & Touche, visit the firm's web site at http://www.us.deloitte.com

CLARUS consists of Financial, Human Resource and Procurement application suites; Graphical Architect(TM) modules; the CLARUS Methodology; CLARUS Professional Services for customer implementation; and CLARUS TotalCare services for ongoing customer support. The CLARUS solution is targeted for mid-to-large-sized companies that need robust administrative applications with minimal resource requirements for implementation, change, maintenance and upgrades.

Atlanta-based SQL Financials (Nasdaq: SQLF; www.sqlfinancials.com) is a provider of client/server software for general accounting, human resource and procurement applications. Founded in 1991, the company serves mid-size to large organizations in all industries. The company's applications create high lifetime value by substantially reducing the time required for implementation, maintenance, upgrades and changes. The company serves such customers as AEW AEW Airborne Early Warning
AEW Air Expeditionary Wing
AEW Airborne Electronic Warfare
AEW Agr' Eau' Wat (Canadian agricultural consultant)
AEW Amckerns Explosion Wars (Half Life community) 
 Capital Management, MONY MONY Mutual of New York (Insurance - Syracuse, NY) , Riesbeck Food Markets, CBASS CBASS Common Broadband Advanced Sonar System
CBASS Commission on Behavioral and Social Science
, Merit Behavioral, and Chartwell Re. In 1997, the company was named one of the fastest growing businesses (no.61) by Inc. Magazine.

THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE EXCHANGE ACT. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AS A RESULT OF CERTAIN RISKS INCLUDING THAT THE BENEFITS EXPECTED AS A RESULT OF THE ALLIANCE BETWEEN DELOITTE AND TOUCHE, LLP AND SQL FINANCIALS INTERNATIONAL, INC. DO NOT OCCUR.

SQL Financials is a registered trademark of SQL Financials International, Inc. Active Architecture and CLARUS are trademarks of SQL Financials. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own.

   CONTACT: Julie K. Smith
             SQL Financials International, Inc.
             jsmith@sfi.com
             770-291-8504
                   or
             Barbie Pressly
             Crescent Communications
             bpressly@crescomm.com
             404-287-2000 ext. 202
                   or
             Josephine Vernon
             Deloitte & Touche LLP
             jvernon@dttus.com
             212-436-4405


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jun 30, 1998
Words:818
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