CIBER Gets CarsDirect.com Financial Systems Up and Running in `Internet Time'.Business Editors ENGLEWOOD, Colo.--(BUSINESS WIRE)--Jan. 31, 2000 CIBER CIBER Center for International Business Education and Research (various locations) CIBER Center for International Business and Research (Michigan State University) CIBER Cellular Inter-Carrier Billing Exchange Record , Inc. (NYSE NYSE See: New York Stock Exchange :CBR (1) (Computer-Based Reference) Reference materials accessible by computer in order to help people do their jobs quicker. For example, this database on disk! (2) (Constant Bit Rate) A uniform transmission rate. ), the leading orchestrator of e.Business acceleration for the Internet-based economy, recently completed a 12-week software implementation for CarsDirect.com's financial systems, enabling the pioneering automotive e-tailer to get its enterprise software up and running in &uot;Internet time&uot; and thereby supporting its rapid, ongoing growth. CIBER quickly adapted the company's systems implementation and integration for general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. , accounts payable, 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 and asset management as CarsDirect.com established business procedures for its new approach to online car buying. CarsDirect.com, based in Culver City Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers. , Calif., is the first nationwide online service that provides consumers a complete car-buying experience. With CarsDirect.com, shoppers can research, price, customize, order and finance a new car or truck over the Web - selecting from among 2,500 makes and models by every major manufacturer. Over 2,000 franchised dealers are a part of CarsDirect.com's Priority Dealer Network. &uot;CarsDirect.com deals in just-in-time inventory, so CIBER worked with them to set up internal controls and create a financial system that will support its growing sales demand,&uot; said Zann Kowalski, senior consultant/Lawson Business Practice in CIBER's Mishawaka, Ind., office. &uot;In addition to the swift implementation, CIBER educated our employees to successfully roll out our systems on schedule and on budget,&uot; said Frederick G. Silny, Chief Financial Officer of CarsDirect.com. &uot;Having partners like CIBER helps us meet the demands of moving in Internet time In the early days of the public Internet, Internet time referred to the breakneck speed with which companies scrambled to gain traffic and market share on the Web. A new business could come and go within a matter of weeks. and supports our sustained growth.&uot; CIBER, Inc. is the leading orchestrator of e.Business acceleration for the Internet-based economy. CIBER's proven business and technology practices combine the experience, flexibility and innovation to help enterprise and &uot;.com&uot; clients gain a competitive advantage in today's fast-moving marketplace. Headquartered in Englewood, Colo., CIBER has a team of more than 6,000 professionals serving client businesses from 45 offices in the U.S., Canada and Europe. &uot;Safe Harbor&uot; Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Forward-looking statements involve risks and uncertainties that could cause actual results to vary materially from such statements. Please refer to discussions of certain of these risks and uncertainties in the Company's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings. |
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