Arthur Andersen Provides Internet-Enabled Finance and Accounting Outsourcing Solution for Command Audio.Business Editors CHICAGO--(BUSINESS WIRE)--Aug. 28, 2000 World-class, comprehensive process and technology solution ideal for fast-growth start-ups Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing has been selected to provide an Internet-enabled finance and accounting outsourcing solution for Command Audio, the creator of the world's first wireless, audio-on-demand system. Under the three-year business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in agreement, Arthur Andersen has implemented and will manage a comprehensive, online solution designed to help keep pace with Command Audio's growth plans. "Like other high-growth high tech companies today needing to quickly establish a financial system that is both flexible and efficient, we have to compete vigorously for human and financial capital," says Manny Manny may refer to: In nobility:
The outsourcing arrangement includes implementation of a completely integrated, online enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) system designed to manage Command Audio's accounts payable and accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . "With this online, scalable solution, Arthur Andersen offered Command Audio flexible technology to help meet its present and growing business needs, along with best-in-class finance and accounting processes to help them achieve a world-class finance operation," says Tom Schramm, Arthur Andersen's Pacific regional managing partner for Business Process Outsourcing. "It was a combination of the scalable, leading technology and specialized staff resources that really sold us on the Arthur Andersen solution. Arthur Andersen offered us access to an integrated ERP system several years before we would have realistically been able to invest the financial and human resources to successfully implement and manage the technology ourselves," says Krakaris. About Command Audio Command Audio is the world's first wireless audio-on-demand service, putting listeners in command of news, information and entertainment programs of their choosing, on their schedules. Winner of several awards, including Popular Science's "Best of What's New 1999" and CES Innovations Engineering and Design Awards in 1999 and 2000, Command Audio Corporation is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. . The Command Audio service is currently available in Denver and Phoenix. Receivers capable of receiving Command Audio are manufactured by Thomson Consumer Electronics and marketed under the RCA See RCA connector and video/TV history. brand. About Arthur Andersen Arthur Andersen's vision is to be the partner for success in the new economy. The firm helps clients find new ways to create, manage and measure value in the rapidly changing global economy. With world-class skills in assurance, tax, consulting and corporate finance, Arthur Andersen has more than 77,000 people in 84 countries who are united by a single worldwide operating structure that fosters inventiveness, knowledge sharing and a focus on client success. Since its beginning in 1913, Arthur Andersen has realized 86 years of uninterrupted growth, with 1999 revenues of more than $7 billion. Arthur Andersen is a business unit of Andersen Worldwide. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion