Cortex Business Solutions Inc.

Cortex Business Solutions Inc.

May 28, 2013 10:00 ET

Cortex Teams Up With Microsoft® and Etelligent to Provide MS Dynamics Cortex Connector

CALGARY, ALBERTA--(Marketwired - May 28, 2013) - (TSX VENTURE:CBX) - Time is an increasingly critical commodity in business, and the difference between success and failure can come down to a company's ability to be faster and more efficient than their competitors. The digitization of many workflow platforms has provided companies with some efficiency gains, but when implementing systems that do not speak to each other many efficiency enhancements are lost. The need to duplicate information across disjointed systems requires additional resource efforts and creates the risk of manual entry mistakes.

Cortex, an e-Invoice service provider, and Etelligent, a Microsoft Gold Certified MS Dynamics software solutions provider, with the support of Microsoft, announced today that they have teamed up to offer a Microsoft Dynamics Connector tool certified by Cortex. The new Cortex Connector is designed to allow for immediate export of invoice information from the Microsoft Dynamics platform directly into the Cortex Network. It will be available to all Cortex customers who use the GP Dynamics software, and be included as a standard connector in the Dynamics product line from Microsoft.

Previously users of both Microsoft Dynamics and the Cortex Trading Partner Network were required to manually transpose information from one system to the other. Now, with this certified connector, the need for this additional step is removed and tasks can be completed instantly with the click of a button.

"Cortex was built with a single purpose in mind; to make the transmission of business critical documents faster and more reliable. Today we take another step forward in the evolution of our service, by working with Microsoft and Etelligent to offer the Cortex Connector," said Ryan Lailey, SVP Business Development at Cortex. "By having the ability to connect the Cortex Network to the Microsoft Dynamics platform companies will see incredible time and efficiency gains which in turn will translate into immediate cost savings."

Scott McHale Vice President at Etelligent Solutions commented: "We are very excited to be working with Cortex and Microsoft in delivering a turnkey solution that will eliminate the need for manual entry into the Cortex Network. We feel that this combination of our Dynamics Accounting solution integrated to the Cortex network will provide huge value to our clients by increasing productivity and reducing payment time."

"Microsoft Dynamics customers are looking for a simple way to connect their systems to increase efficiencies" Said Rob Adams, General Manger, Dynamics Canada "Many of Microsoft's Dynamics customers are already connected to the Cortex network and this certified connector is a fast, simple way for them to achieve immediate and long term cost savings. In addition, by including a Cortex Connector with the Dynamics line, Microsoft increases the value proposition to prospective customers in the Energy, Construction and Mining industries looking to implement Microsoft Dynamics in their organization."

The Cortex Connector allows users to transpose data directly from MS Dynamics into the Cortex Network and through to the customer of the supplier for Approval. The Cortex Connector significantly reduces the need for manual data entry thereby reducing time and key errors.

Through this partnership, Cortex, Microsoft, and Etelligent Solutions have increased value for customers beyond the existing advantages of the Cortex Trading Partner Network of over 9500 companies, by increasing efficiency for every company using Microsoft Dynamics and the Cortex Trading Partner Network.

About Cortex Business Solutions

Cortex Business Solutions Inc. is an Enterprise eProcurement solutions company that improves efficiencies, reduces costs and streamlines procurement and supply chain processes for its customers. Accessing the Cortex Network enhances the exchange of business critical documents, such as purchase orders, receipts and invoices resulting in improved cash flow management and business controls, while reducing day's outstanding and administrative costs. Cortex is a low cost, low risk solution that can be implemented quickly by leveraging clients' existing business environment.

About Etelligent Solutions

Etelligent Solutions, a Microsoft Gold Certified MS Dynamics Partner, with offices in Calgary and Edmonton, provides software solutions and consulting services to companies in the distribution, oil and gas, manufacturing, service and not-for-profit industries by providing Microsoft ERP and CRM software solutions. Etelligent Solutions is a world class provider of software, consulting services, training, hosting, and implementation solutions tailored to their client's specific needs.

Forward-Looking Statements

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Contact Information

  • Cortex Business Solutions Inc.
    Ryan Lailey
    3404 25th Street NE
    Calgary, AB T1Y-6C1
    (403) 266-6272

    Jesse Byam
    #307, 3016 5th Avenue NE
    Calgary, AB T2A-6K4
    (403) 277-2554