Platinum Software Corporation now shipping Platinum for Windows Version 4.3; accounts payable and receivable modules complete core financial accounting solution for Windows.IRVINE, Calif.--(BUSINESS WIRE)--Jan. 22, 1996--Platinum Software Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PSQL PSQL Pervasive Sql ), the leading provider of financial software on the Microsoft platform, announced the release of its Platinum(r) for Windows Version 4.3, the newest release of the Platinum for Windows line of client/server financial software. The new release includes the 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 Accounts Payable modules, in addition to increased functionality and feature enhancements, such as customization capabilities, pre-loading of historical data, and increased security. The new modules complete the Platinum for Windows core financial accounting solution, providing small to medium-sized businesses with a complete, high-performance LAN-based system. "With the core modules set, DOS users can now painlessly pain·less adj. Free from complication or pain: a painless operation. pain  less·ly adv. move to Windows with the security of a complete financial accounting solution," said Tim McMullen, chief technology officer for Platinum Software. "The ease of use to the end user, along with the increased speed for data entry and enhanced security of Platinum for Windows 4.3 will entice DOS users to quickly migrate to Windows." "Platinum Software has always had the best technology and feature set on the market," said Platinum channel partner Joseph Longo, vice president of Business Micro Solutions, in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . "Now, with its three-tier architecture and the new capabilities of this version, Platinum has an unbeatable solution for my customers." Faster Data Entry and Enhanced Security In addition to the new modules, Platinum for Windows Version 4.3 offers a number of enhancements that provide faster data entry, including the pre-loading of transactions via the "Find Historical Information" button. This button, which has been added to the Voucher A receipt or release which provides evidence of payment or other discharge of a debt, often for purposes of reimbursement, or attests to the accuracy of the accounts. Entry, Debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. Memo Entry, Additional Cost Voucher Entry, Invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. , and Credit Memo A Credit Memo (short for "credit memorandum") is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the seller provided the buyer with, but the buyer returned or did not receive. Entry screens, enables users to create a new transaction based on posted transactions. For example, when entering a debit memo from a vendor, the original voucher can be recalled and used as a guide for the new debit memo. Platinum for Windows 4.3 also increases the speed and ease with which users can modify their system to match the way they do business, allowing for quicker information input. Users can modify screens to create templates for entering transaction documents, and can assign these templates to select user groups, companies, or globally, thereby providing security along with flexibility. Platinum for Windows 4.3 also separates needed functionality on the menu browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used . By separating previously-grouped functions such as Voucher Entry, Debit Memo Entry, and additional Cost Voucher Entry on the menu browser, the users will now have simplified processing and an increased level of security. Object-Like Programming Improves Quality and Speeds Development Platinum advanced its development process using an object-oriented approach for Platinum for Windows. Platinum's unique Data Driven Objects (DDO DDO - Dynamic Drive Overlay ) enable the major advances in the product starting from its initial 4.1 release through the latest 4.3 release. Advances such as email distribution of reports and data entry templates have been made available to all prior versions using these objects. "Platinum's Data Driven Object programming improves product quality and speeds product development by enabling wide-sweeping changes across all modules in the Platinum for Windows product line by only adjusting one object," said McMullen. "Platinum released this version of Platinum for Windows in a record 10 weeks using DDO. Future advances in our use of object programming will ensure continued product quality and competitive release schedules." Best of Breed Solutions Platinum recently announced the integration of Platinum for Windows with Abra(tm) Payroll for Windows(tm) from Abra Software Inc., the leader in integrated payroll and human resource management software. This agreement will ensure that Platinum continues to focus on its financial accounting expertise and demonstrates Platinum's commitment to developing partnerships with complementary best of breed solution providers. "Integrating with Abra Payroll is the perfect answer because it allows us to continue using Platinum's financial software with a top-notch payroll solution and complementary human resource management system," said Ray Ashley of Customer Development Corp. in Peoria, Ill. Complete Windows Accounting Solution Platinum for Windows is the first Windows-based financial application that matches the performance of its DOS predecessor, the award-winning Platinum Series and best-selling best·sell·er also best seller n. A product, such as a book, that is among those sold in the largest numbers. best DOS-based financial accounting package. It is the most comprehensive Windows financial applications package on the market, providing a flexible, easy to use client/server computing computing - computer system at off-the-shelf pricing. The Platinum Series has been on the market since 1984 and has been installed in more than 30,000 customer sites worldwide. Other modules available include System Manager, 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. (Standard and Premier Editions) with Platinum FRx, Premier Consolidations with Translation, Premier Intercompany Processing, Premier Translation, Foreign Currency Manager and Platinum Publisher. Order Entry, Inventory and Purchase Order are scheduled for release in 1996. Pricing and Availability Platinum for Windows Version 4.3 is available now. The Accounts Payable and Accounts Receivable modules are priced at $1,595 each. Platinum for Windows is sold exclusively through Platinum's distribution channel of more than 600 authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: dealers and consultants. For the location of the nearest authorized Platinum Channel Partner, customers should call Platinum Software Corp. at 800/426-0469 in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, and 714/727-4005 internationally. Platinum Software Corp. Platinum Software, the financial software company, develops and markets leading client/server software products for corporations worldwide. The company's products enable organizations to scale their technology investments to meet the changing needs of their businesses. Founded in 1984, Platinum Software has headquarters in Irvine, Calif. Note To Editors: Platinum is a registered trademark of Platinum Software Corporation. All other company and product names mentioned in this document are trademarks of the respective companies with which they are associated and are acknowledged. CONTACT: Platinum Software Corp., Irvine Geri L. Schanz, 714/450-4578 gschanz@platsoft.com or Wilson McHenry Company Val Stephen, 415/638-3400, ext. 244 vstephen@wmc.com |
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