SOURCE: Plex Systems
March 22, 2010 15:17 ET
Plex Online Earns German GAAP and Tax Certification, Establishes In-Country Presence
ERP Solution Provider Meets German Business Requirements
AUBURN HILLS, MI--(Marketwire - March 22, 2010) - Plex Systems, Inc., provider of the No. 1 rated manufacturing ERP software, today announced that Plex Online has been certified by the German Institute of Auditors (Institut der Wirtchaftsprüfer in Deutschland e.V.). The certification validates Plex Online's suitability for use by multinational companies with operations in Germany or by companies headquartered in Germany.
Plex Online is a comprehensive software as a service (SaaS) solution for manufacturers, including traditional ERP financial functions as well as shop-floor functions such as quality, engineering, traceability, supplier management and more. Plex Online enables businesses to lower operating costs, eliminate waste and reduce the capital expenditures associated with traditional on-premises systems. Plex Online's SaaS delivery model and "anywhere, anytime" access simplifies data collection and reporting for the German tax authorities.
Plex Systems also announced the addition of Thomas Rosenstiel as Plex Systems Director, Europe, responsible for managing relationships with European manufacturers using Plex Online.
"Plex Systems worked diligently to ensure that we met the stringent requirements of the German tax authorities," said Plex Systems Executive Vice President Tom Mackey. "The German certification is a milestone for Plex Systems, and will allow us to continue expansion with German firms and companies with facilities in Germany. We also welcome Thomas to the Plex Systems family and are looking forward to working with him as the director of the European market."
Plex Online met the requirements of the German government to adhere to its national GAAP (generally accepted accounting principles) financial requirements, and worked with German tax authorities to provide required access to financial information required for calculating taxes.
About Plex Systems, Inc.
Plex Systems, Inc. is the developer of Plex Online, a software as a service (SaaS) solution for the manufacturing enterprise and the only solution to achieve the prestigious Champion ranking in Aberdeen Group's 2009 "ERP in Manufacturing" AXIS report. Plex Online offers industry-leading features for virtually every department within a manufacturer, including Manufacturing Operations Management (MOM) and Quality Management Systems (QMS) for the shop floor, Customer Relationship Management (CRM) for sales and marketing, Supply Chain Management (SCM) for procurement, and Enterprise Resource Planning (ERP) for finance and management. Plex Online's fully integrated model delivers a "shop floor to top floor" view of a manufacturer's operations, enabling management to run its business at maximum efficiency. Founded in 1995, Plex Systems is headquartered in Auburn Hills, Michigan, with customers around the globe. More information is online at www.plex.com.
Plex Systems and Plex Online are trademarks of Plex Systems, Inc.