New strategic partnership offers world-class financials to global organisations
SunSystems, the core product of Systems Union Group and one of the world's leading providers of global business and financial management solutions has formed a strategic alliance with MAPICS, the largest global provider of extended enterprise resource planning (ERP), customer relationship management (CRM) and supply chain management (SCM) solutions focused exclusively on the manufacturing industry around the world.
The SunSystems product's global, low total cost of ownership and low risk implementation proposition makes it a very attractive solution for third party application vendors seeking to embed a proven financial and business management capability into their solution set. In a contract worth a minimum of $1.5m (USD) in royalties to Systems Union over a three year period, SunSystems will be integrated into the MAPICS SyteLine ERP solution and targeted at global manufacturers in industries such as industrial equipment, electronics, fabricated metals, automotive and furniture and fixtures.
Tom Westerlund, vice president of solutions management at MAPICS commented: "The alliance with SunSystems represents a significant development in our strategy to deliver enterprise wide solutions to our expanding customer base. Global manufacturers are increasingly looking to us to provide them with complementary applications that will enhance their understanding of business performance, improve the flow and quality of management information and ultimately promote profitability. SunSystems is a perfect addition to our SyteLine ERP solution. It has a proven track record as one of the world's leading financial solutions and offers multi-currency, multi-lingual capabilities as well as advanced reporting and analytical tools to aid in the understanding of business performance and enhance the strategic decision making process."
The solution, SyteLine Advanced Financials powered by SunSystems will enable large, multi-site and multinational enterprises to more effectively capture the complex financial data generated across the enterprise and will provide stakeholders with immediate access to accurate information in a timely and cost effective manner.
Paul Coleman, chief executive officer of Systems Union Group plc said. "MAPICS' excellent track record of providing practical manufacturing solutions and creating significant operational efficiencies for its customers made it a natural partner for Systems Union. The combination of both solutions will be very powerful and it is another excellent example of our commitment to building a global network of OEM partners. By leveraging the strengths of SunSystems MAPICS will be able to address the unique international financial requirements multi-national manufacturers face and provide a more complete global financial solution for its customers."