Computron Software Announces TransAXS Vendor Solution.Business Editors & High-Tech Writers RUTHERFORD, N.J.--(BUSINESS WIRE)--March 23, 2000 Will Allow Organizations to Grant Suppliers Internet Access See how to access the Internet. to Key Business Information -- Facilitates Corporate Transformation from "Bricks and Mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. " to "Clicks and Mortar Also called "bricks and clicks," it refers to businesses that offer online services via the Web as well as the traditional retail outlets (offline) staffed by people. Coined in 1999 by David Pottruck, co-CEO of the Charles Schwab brokerage firm, it refers to running the two divisions in a " Computron Software, Inc. (AMEX AMEX See: American Stock Exchange :CFW CFW Custom Firmware CFW Call Forward CFW Cystic Fibrosis Worldwide CFW Cache Fast Write CFW Citizens for Florida's Waterways CFW Center for Writing (education) CFW Continuous Fillet Weld (engineering) ), a leading global provider of Internet commerce solutions, today announced its TransAXS(TM) Vendor solution, a key component in its e-Cellerator(TM) family of products focused on B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. . "Doing business at the speed of thought in zero time means eliminating non value-added manual communications between organizations," stated John Rade John Rade, (born August 31, 1960, in Ceres, California) was a linebacker in the NFL from 1983 to 1991. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Computron Software. "Our TransAXS Vendor solution will allow organizations to grant suppliers 24 x 7 Internet access to critical business information, and optionally, the ability to amend information to meet their evolving business requirements." The initial release of the TransAXS Vendor solution will allow vendors to view and update key data such as contact information and remit to addresses. It will also allow them to enter preliminary invoice data and to track purchase order, approval and payment processes. The TransAXS Vendor solution will send e-mail alerts to the vendor when key events occur, such as invoice approval, funds transfer, etc. The TransAXS Vendor solution will allow suppliers to register and manage their own user and password information. Pre-beta versions have been shown to customers and prospects. The initial release of the TransAXS Vendor solution is planned for Q3 2000. "The ability to order products and services electronically is just the tip of the iceberg tip of the iceberg n. pl. tips of the iceberg A small evident part or aspect of something largely hidden: afraid that these few reported cases of the disease might only be the tip of the iceberg. . E-corporations need to manage the full end-to-end business relationship over the Internet," Rade added. "Our TransAXS Vendor solution, when coupled with our TransAXS Procurement solution, will offer customers an end-to-end Internet solution for conducting business with suppliers." In future releases, the TransAXS Vendor solution may be extended to allow suppliers to manage their own section of the customer's product catalog, including updates to prices and product descriptions. The TransAXS Vendor solution is a component of Computron's e-Cellerator product-based family of solutions. E-Cellerator products enable organizations to transform themselves from traditional "Bricks and Mortar" enterprises to "Clicks and Mortar" e-corporations. E-Cellerator products are designed using a highly scalable, robust, n-tier, network-based architecture. E-Cellerator products are accessible from an industry standard browser. About Computron Software, Inc. Founded in 1978, Computron Software, Inc. (AMEX:CFW) is a global provider of financials and e-commerce solutions. Used by more than 500 companies worldwide, these solutions automate business processes both across and between enterprises and allow organizations to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the knowledge within their systems and those of their trading partners. Computron's goal is to provide competitive advantage by enabling organizations to achieve process transparency with their trading partners. The Company's latest Internet products will allow companies to quickly deploy e-business solutions strategies. This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission. Computron is a registered trademark, and e-Cellerator, AXSPoint and TransAXS are trademarks, of Computron Software, Inc in the U.S. All other companies and product names are trademarks or registered trademarks of their respective companies. |
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