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BUILDING FINANCIAL CONFIDENCE WITH OUTSIDE SOFTWARE FIRMS.


All businesses are looking for ways to reduce costs while being more productive, and one way to help achieve both is by looking to web-based solutions. While many industries are open to the enhancement of outside software as a service, many companies in the financial industry are slower to the acceptance of an outside software firm spearheading the precious numbers and reports of their firms. That being said, a few firms have been able to integrate into some of the top finance and accounting institutions across the country to deliver both time and monetary solutions.

Yardi Systems, Inc.: Yardi Systems, Inc. has grown dramatically to become the leading asset and property management solution for the real estate industry. Yardi has set the standard for real estate software solutions for commercial, residential or mixed real estate portfolios. From marketing website capabilities to attract new customers to strengthening investor confidence with automated complex portfolio accounting and corporate transparency For other definitions of transparency, see .
Corporate transparency is a form of radical transparency : The construct removing all barriers to - and facilitating of - free and easy public access to corporate, political and personal information and the laws, rules, social
, Yardi offers superior tools for real estate firms to centralize and manage every aspect of their business.

SafeData, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. Warwick, R.I., a technology company focused on FIPPEX

FIPPEX, is a Chicago-based customizable, web-based investor communication software that allows firms to share all information and updates with investors with just the click of a button. The FIPPEX platform integrates directly onto the private equity company's website to streamline capital raising and investor reporting processes while facilitating legal compliance. FIPPEX increases accessibility of firms to investors and also saves the firms the time and administrative costs of reporting. Since its foundation in 2008 and official launch in January 2009, FIPPEX has quickly grown to manage and report over $10 billion in capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account)  under management of private equity firms and offers transparency of their investments to over 1,000 unique investors.

Sabrix, Inc.

Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. , use tax, Value Added Tax value added tax n (BRIT) → impuesto sobre el valor aƱadido or agregado (LAM)

value added tax n (Brit
 (VAT), excise tax Excise Tax

1. An indirect tax charged on the sale of a particular good.

2. A penalty tax applied to ineligible transactions in retirement accounts. This penalty is assessed by and paid to the IRS.

Notes:
1.
 and industry-specific taxes and fees. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers services to outsource and reduce the costs of achieving tax compliance and services to integrate a company's existing accounting and e-commerce systems.

Rivet Software

Rivet software and services allow firms to incorporate XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts.  compliance to the SEC into their existing reporting systems. Rivet software pulls data virtually from not only the company but the rest of the world, including global public filings, internal accountings systems, and virtually any company or shared database, for a comprehensive evaluation of financial information. The software also automatically populates reports from internal systems to produce benchmark reports and other report to gain insight into how other firms are reporting their financial and footnotes.

About FIPPEX

FIPPEX is a secure web-based platform that allows firms to share information with investors with just the click of a mouse. FIPPEX streamlines capital raising and investor reporting processes, all while facilitating legal compliance. With FIPPEX, clients are able to simplify life so the focus can be placed on managing relationships, raising capital and creating returns.

For more information or to see of a demo of how FIPPEX works, please visit http://www.fippex.com or call 312/255.4014.
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Publication:Productivity Software
Date:Dec 1, 2009
Words:555
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