(Bond International Software Inc.,Richmond VA.): Global staffing-software leader, Bond International Software, announces the development of 'Adapt Financials' a completely new back-office solution for temporary staffing firms that is combined with its market leading 'Adapt' front-office software. Initially consisting of Payroll, Invoicing and Accounts Receivable modules, the new product fulfils customer demand for a payroll and billing solution that removes the requirement for integration with third-party back office products, and is quick and easy to run. Initial tests of the new Adapt back-office modules are scheduled for the end of 2006 and it will be previewed by the Bond User Group at ASA in Las Vegas.
The benefits for staffing firms, especially those multi-location companies for whom payroll and billing is a continuous and difficult challenge, include quicker transaction time, less scope for errors, and easier reporting across front and back office data types.
Importantly, this new Adapt Financials solution has drawn from partner company, Bond eEmpACT's engine which has been tried and tested by nearly 200 clients over the past 3 years. This maximization of Group resources, combined with the pioneering developments within the latest version of Bond Adapt (including multi-lingual and character set capabilities), has enabled Bond to deliver the complete solution. And, when these features are combined with Adapt's total configurability, staffing firms of all sizes will have access to the software that is already chosen by eight out of the top ten staffing firms in the world.
(Bond eEmpACT, Bloomington MN.): Further news from the Bond International Software Group is also to be announced at ASA as Bond eEmpACT has just launched its leading edge General Ledger module.
eEmpACT's 'eEmpACT General Ledger' will round out its back-office suite of solutions along with the release of its new Accounts Payable module in first quarter 2007. These eagerly awaited back-office modules complete the highly successful solution, which has seen almost 200 customers confirm deployment since its recent release.
Firmly in the front-office, eEmpACT is also releasing enhancements to its 'eConnect' webportal during the fourth quarter of 2006. These include new web-timecard capabilities and expanded career order processing features. In 2007, eConnect Version #2 will include a VMS module that will seamlessly integrate with the Accounts Payable module, creating a complete managed services solution for staffing firms.
(Bond International Software plc, United Kingdom): Bond has recently opened two new offices in California - San Diego and San Francisco. These will support the West Coast's estimated 3,500 staffing companies with Bond's industry standard staffing software solutions. The Company is continually expanding into new human capital management technology areas and, as 30% of all staffing companies in the US are located on the West Coast, it will further improve customer service to have expert teams located there.
About Bond International Software Group
A publicly held company quoted on the London Stock Exchange under BDI, Bond International Software Group (www.bondadapt.com) is a pioneer in the development and provision of staffing software, support and consultancy services to the staffing and recruiting industries. It supports more than 70,000 staffing professionals in 42 countries worldwide and has over 200 employees worldwide in its offices in the U.K., Australia, Hong Kong, South Africa, the U.S. and Canada. Since its founding in 1973, Bond has consistently combined innovation, dedication and market focus to forge ahead of its competitors. Its products and services have achieved prestigious acclaim and are now the market choice of many of the world’s largest and most well-respected personnel organizations. Its consistent, visionary perspective has enabled its network of global users to interpret and manage dynamic, complex markets and realize tangible competitive advantage in the race for human capital.
Information Regarding Forward Looking Statements:
This press release contains forward-looking statements. The statements regarding Bond International Software Group contained in this release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations and assumptions, and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors known to Bond International Software Group that could cause such material differences are identified and discussed from time to time in Bond International Software Group’s filings with the London Stock Exchange.
Bond International Software Group undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any future disclosure Bond International Software Group makes on related subjects in future reports to the London Stock Exchange. www.bondadapt.comThe HR industry´s premier online community and resource for Human Resource professionals: HR, human resources, HR community, human resources community, HR best practices, best practices in human resources, online communities for HR, HR articles, HR news, human resources articles, human resources news, HR events, leadership, performance management, staffing and recruitment, benefits, compensation, staffing, recruitment, workforce acquisition, human capital management, HR management, human resources management, HR metrics and measurement, organizational development, executive coaching, HR law, employment law, labor relations, hiring employees, HR outsourcing, human resources outsourcing, training and development
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