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Good News In Bad Times For Middle Market Companies

OpenPro Expands Back Office Service Solutions (“BOSS”) For This Previously Ignored Sector

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PRLog - Sep. 13, 2011 - FOUNTAIN VALLEY, Calif. -- OpenPro, the market leader in open source-based ERP systems for middle market companies and an IBM Business Partner, is rolling out its total back office service solutions in a big way. Businesses can offload their accounting and bookkeeping staffs to OpenPro. The company offers a compelling bundled package of services that dramatically reduces fixed overhead, essentially “gives away” its ERP technology, and frees up capital, all without an economic investment.

Fortune 1,000 companies routinely outsource both staff and technology, but middle market companies have been pretty much ignored by back office service providers. But here's the difference – middle market companies are almost all closely held, so the capital that becomes available gets plowed back into operations, usually by increased hiring. Fortune 1,000 companies cut jobs and keep the profits to raise stock prices, which irks many Americans.

“Middle market companies experience all the same pains plus some that larger companies do, but they have more limited options to raise capital and cut costs”, says OpenPro's CEO, Jim Clark. “We give them the tools to release much needed working capital that can be redeployed in more profitable areas, like hiring more sales people, pay bills faster, buy inventory, and other growth programs that increase IRR almost overnight. Companies can reduce back office fixed costs ranging from 25% to 40%, and experience an EBITDA increase averaging 2%-5% of gross sales.”

Implementation is a snap with OpenPro's BOSS division. Under their Rapid Implementation Methodology (“RIM”), companies can be up and running in as little as 2 days, or up to 30 days in most instances. Training is minimal as there are fewer people to train, and the technology is easy to use and customizable because it's open source.

Jim Clark, CEO, says, “I have been hearing horror stories from CFO's for 13 years since I started the company. The large ERP companies milk the cow by prolonging the installation and training process, squeezing consulting fees out of companies and causing great frustration. Our back office staff are already trained on our “home grown” system, so implementation is pretty much a data transfer issue from one system to another, and that's not hard to do.”

OpenPro's cadillac list of clients include AT&T Wireless, Toyota, GSM Wireless, Micro World, BOSE and many others. OpenPro BOSS has recently added 50 distributors covering every state of the country and has plans to add 50 more over the next few months, poised for dramatic growth. OpenPro already has 75 distributors of its ASP and SAAS products in more than 30 countries, more than 600 business clients, and available in 26 languages. The company's back office personnel is multi-lingual, and as a result, BOSS will expand globally.

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OpenPro is the market leader in open source-based ERP software, delivering Web-based ERP software solutions to small and mid-sized companies and international enterprises since 1998. OpenPro offers a complete enterprise resource planning (ERP) software solution, including financials, distribution, manufacturing, CRM, e-commerce and advanced system functions such as workflow and document imaging. Because OpenPro is built using open source technology, costs are typically less than half of Windows-based ERP software. OpenPro customers reflect almost every major market segment, from manufacturing to service, government to non-profit, traditional to e-commerce retail. Because OpenPro is built using LAMP technology, it runs on any platform from Windows PC's, Unix, Linux, MAC OS X, Mini computers and mainframes. OpenPro has over 75 independent distributors across the United States and internationally to help customers implement its business solutions.

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Source:OpenPro BOSS
Location:Fountain Valley - California - United States
Industry:Business process outsourcing, Accounting
Tags:business process outsourcing, bpo, erp, Marketing, Technology, Finance, B2B, corporate finance
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