Cedar Group Partners with ResourcePhoenix.com to Deliver Full-Service Financial Outsourcing to Mid-Tier and Emerging Organizations.Business/Technology Editors HAVERHILL, Mass.--(BUSINESS WIRE)--June 20, 2000 Unique offering enables mid-range companies to quickly and easily implement enterprise business solutions usually accessible only to very large organizations Enterprise business solution provider Cedar Group US, Inc., announced today that it has entered into a strategic partnership with ReSourcePhoenix.com(TM) (RPC (Remote Procedure Call) A programming interface that allows one program to use the services of another program in a remote machine. The calling program sends a message and data to the remote program, which is executed, and results are passed back to the calling ), the San Rafael, California-based provider of online financial outsourcing services and business-information solutions. Under terms of the agreement, Cedar Group and RPC will deliver a full-service accounting solution to mid-tier and emerging organizations throughout North America. "RPC's expertise in full-service financial outsourcing and its extensive IT infrastructure, combined with Cedar Group's proven Cedar eFinancials accounting applications, create an unbeatable financial solution for mid-sized companies throughout North America," said Rich Lisauskas, director of strategic alliances for Cedar Group US. "Especially in light of RPC's meteoric growth--Wall-Street.com currently deems RPC one of the 'Fastest-Growing Companies in America'--Cedar Group views this partnership as an exciting revenue-generating opportunity." Corey West, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of RPC, said, "Partnering with Cedar Group enables us to expand our outsourced accounting operations and e-business information-management offering to mid-tier and emerging technology companies. Cedar Group is regarded as the vendor of choice for organizations seeking high-powered enterprise business solutions without the intense resource drain typically associated with 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. implementations. Our use of Cedar eFinancials will reduce RPC client's implementation time by approximately half." The RPC-Cedar Group back-office suite will include transaction processing, accounts payable and receivable, Web-based expense reporting, tax services, project billing and project costing, general accounting, management reporting services, and e-business operations. The information is processed by RPC's professional accounting staff and delivered to clients over the Internet via a standard web-browser interface, thus making the latest information available from any location at any time. About the Companies ReSourcePhoenix.com (RPC) is a leading provider of outsourced accounting operations and business information management. RPC pioneered the use of the Internet to integrate a top-tier 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) infrastructure with the expertise of information technology, accounting, finance, and transaction-processing professionals. Providing outsourced financial services since 1993, RPC currently manages operations for a client list that includes Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. Group, Commvest, Blackstone Cable, GE Capital Aviation Services, Post Communications, Embark.com, and Mortgage Telesis. RPC operates a data and operations center at its San Rafael, California San Rafael (IPA: /ˌsænrəˈfɛl/; originally IPA: [sɑn rɑfeˈɛl]), is the county seat of Marin County, California, United States. , headquarters; an operations center in Alameda, California; sales offices across the country; and plans to open a second data center in the Boston area in the fall of 2000. ReSourcePhoenix.com is a public company traded on the Nasdaq under the symbol of RPCX. Additional information is available at www.resourcephoenix.com or by calling (800) 266-2344. Cedar Group US, Inc., is a member of Cedar Group Plc (LSE LSE - Language Sensitive Editor : CED (Capacitance Electronic Disc) An earlier videodisc technology from RCA that was released in 1981 and abandoned five years later. Like phonograph records, the analog disc contained grooves that a stylus rode over. .L - News), the publicly traded provider of Oracle-based enterprise business solutions. Founded in 1983, Cedar Group is fully quoted on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (CED.L) and included in the FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 250 stock market index. Specializing in powerful, scaleable applications that can be implemented quickly and cost-effectively, Cedar Group offers Cedar eFinancials (financial management and reporting), Cedar eTime (time management and accounting), Cedar eDRIVE (fleet management), Cedar eFlow (workflow and document imaging), Cedar eContent (data warehouse management; and Cedar eCustomer (customer resource management). More than 500 blue-chip organizations from a variety of market sectors and countries rely on Cedar Group products to run their businesses, including Daimler-Chrysler, Siemens, Levi Strauss of Canada, CAIS CAIS - Common APSE Interface Specification Internet, Dennis Publishing, and CFS CFS abbr. chronic fatigue syndrome CFS, n.pr See syndrome, chronic fatigue. CFS Chronic fatigue syndrome, see there Americas. Cedar Group's corporate headquarters are located north of Boston North of Boston is a 1914 poetry collection by Robert Frost. It includes two of his most famous poems, 'Mending Wall' and 'After Apple-picking'. Most of the poems resemble short dramas or dialogues. at 57 Wingate Street, Haverhill, MA 01832, and the company maintains sales offices throughout North America. For more information, contact Cedar Group at (978) 372-0770 or solutions@cedargroupus.com, or visit the Cedar Group web site at www.cedargroupus.com. Cedar Financials is a trademark of Cedar Group and Cedar Group Plc. The ReSourcePhoenix.com logo is a trademark of ReSourcePhoenix.com. All names, trademarks and logos mentioned herein are the property of their respective owners. Any trademarks, registered trademarks, and/or service marks contained herein are the property of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion