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CB Richard Ellis Investors Brings Accounting Back In-House PDF Print E-mail
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CB RICHARD ELLIS INVESTORS BRINGS ACCOUNTING AND FINANCE BACK IN-HOUSE WITH TOUCHSTONE GROUP

 
- SunSystems eXFM accounting and finance software set to deliver improved flexibility and cost savings across international business -


Date:
Global real estate investment management firm CB Richard Ellis Investors, an independently operated affiliate of CB Richard Ellis Group Inc, has chosen to implement the SunSystems eXFM and Time@Work expenses module from Touchstone Group across its European businesses. The new finance and accounting software will allow CBRE Investors to bring its European finance function under centralised control in-house, achieve better management information and visibility and bring increased flexibility to the business.

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Arawak Energy Improves Accounting Function PDF Print E-mail
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ARAWAK ENERGY  IMPROVES ACCOUNTING FUNCTION WITH TOUCHSTONE GROUP

 - SunSystems Accounting and Proactis Procurement solutions to deliver enhanced management reporting and procurement control -

Date: Arawak Energy (UK) Limited, the UK subsidiary of Toronto-listed international upstream oil and gas company Arawak Energy Corporation, has placed an order valued at £260,000 for the supply and implementation of SunSystems Accounting & Proactis Procurement from business solutions consultancy, Touchstone Group. The solution will assist in the company’s standardisation of the accounting function across the company’s various operating businesses, whilst delivering enhanced management reporting and procurement control.

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New Accounting Systems For Maybourne Hotel Group PDF Print E-mail
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TOUCHSTONE GROUP PROVIDES NEW ACCOUNTING SYSTEM FOR MAYBOURNE HOTEL GROUP

- SunSystems Accounting to deliver improved functionality and software integration across luxury hotel business -

 

Date: Super-luxury hotel company, Maybourne Hotel Group, owner of three of the world’s most renowned hotels - The Berkeley, Claridge’s and The Connaught - has placed an order worth £200,000 with Touchstone Group for the implementation of Sunsystems  financial accounting and management reporting solution. The new solution will replace their existing AS400 JD Edwards finance system and provide the necessary functionality and scalability needed by the Group to meet their demanding expansion plans, improve financial reporting, reduce staff training costs and cut the Group’s expenditure as a whole.

 

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RMB Asset Management Centralises Finance System PDF Print E-mail
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RMB ASSET MANAGEMENT INTERNATIONAL LTD CENTRALISES FINANCE SYSTEM WITH TOUCHSTONE GROUP

- Infor FMS SunSystems procurement, accounting and finance software set to deliver improved flexibility and cost savings across international business -

Date: 22 March 2007

RMB Asset Management International Ltd (RMB), a wholly owned subsidiary of the FirstRand Group (one of South Africa’s largest financial services institutions), has engaged the IT consultancy and software solution services of Touchstone Group, to implement an integrated Infor FMS SunSystems procurement and finance system. 

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Infor pledges future for Pegasus/SunSystems PDF Print E-mail
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New owner of Pegasus and SunSystems pledges to continue with brands but refuses to disclose how much it intends to invest in them.
Kevin Reed, Accountancy Age, 01 Dec 2006

The new owner of Pegasus and SunSystems has revealed the company’s plans for the popular business software products, pledging to continue with the brands but refusing to disclose how much it intends to invest in them.
Jim Schaper, CEO of Infor, the company that bought Pegasus and SunSystems owner Systems Union earlier this year, said his company invested 18% of its gross revenues into R&D, but could not confirm how much of the company’s $400m (£205m) budget would go towards updating the newly-owned products.
His comments follow concerns in the UK software industry that Infor would milk Systems Union’s license revenue but not invest.
‘I believe our general R&D figure is higher than the level Systems Union invested in its products, but for each separate product line I don’t know,’ said Schaper.
He also made one of Infor’s first public pledges to UK businesses that investment in the product lines would continue, saying work was underway to integrate the products with Infor’s analytics and budgeting software.
Source ITWeek

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