Serenic Corporation
TSX VENTURE : SER

Serenic Corporation

September 26, 2013 10:00 ET

Serenic Navigator Offers Sized-To-Fit Financial Management Solutions

New RapidStart Service Helps Organizations Hit the Ground Running with Serenic's Financial Management Solutions

EDMONTON, ALBERTA--(Marketwired - Sept. 26, 2013) - Serenic Corporation (TSX VENTURE:SER), ("Serenic" or the "Corporation"), a leading publisher of financial management and business operations software for nonprofits, international non-governmental organizations (NGOs) and the public sector, announced today Serenic Navigator 2013 is now available in three new options to suit desired levels of functionality, budget and deployment preference.

All three products are part of the award-winning Serenic Navigator financial management system and are offered as subscription or purchased licenses that can be implemented on-premise, in the cloud, or hosted off-site. Serenic DonorVision, built on Microsoft Dynamics CRM 2011, is also available in the cloud and fully integrates with Serenic Navigator to meet donor management needs.

• Serenic Navigator Express is a cloud-based solution for organizations that need basic nonprofit accounting functionality.

• Serenic Navigator Essentials offers options for more functionality, including purchasing, procurement and workflow.

• Serenic Navigator Enterprise is ideal for larger organizations with more complex needs. It allows for full customization and has more robust budgeting tools, along with Serenic AwardVision for grant management.

Serenic's new RapidStart Services enable streamlined implementation and configuration processes, giving organizations control and overview of the company setup process. This is achieved with just a few simple steps, taking advantage of a new template/wizard format.

All three Serenic Navigator products help manage fund accounting processes - including all core financial functions, receiving, budgeting and fixed assets. The software respects nonprofits' and government agencies' specific needs, including reporting to boards and donors and meeting Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB) requirements such as FASB 116 and FASB 117. Since Serenic Navigator is an embedded Microsoft Dynamics NAV-based solution, users can take advantage of full Microsoft Office integration for data sharing and reporting and personalization features. Secure hosting services utilize Microsoft Windows Azure.

"We've created Serenic Navigator options to give organizations the functionality they need at price points that help maximize productivity in carrying out their missions," said Serenic CEO and President Randy Keith. "Whether they choose a cloud-based or on-premise model, they can tap into Serenic's expertise for nonprofit financial management, including easy integration with their existing Microsoft solutions and the ability to add users and functionality as they grow."

Leveraging a subscription billing model helps users minimize initial investment and provides a consistent ongoing monthly expense. By subscribing to Serenic Navigator's shared, scalable services accessed over the Internet, organizations also can reduce IT spending and eliminate the need to purchase and manage underlying hardware, software licenses, or data/networking infrastructure to support the service.

To learn more, visit www.serenic.com or call 877-737-3642.

About Serenic Corporation

Serenic Corporation is an industry-leading publisher of mission-critical software products that satisfy the unique and sophisticated functionality requirements of nonprofit organizations, educational institutions, and government agencies. Serenic delivers highly scalable software solutions which serve the needs of an international clientele, regardless of their size. Serenic Navigator's multi-language and multi-currency capabilities meet the sometimes unique requirements for accounting and operational systems that must be implemented in multiple locations throughout the world.

Built on Microsoft Dynamics NAV, Serenic's products deliver fully integrated solutions that can, in many organizations, eliminate the need for multiple third-party business applications. A Microsoft Gold certified Industry Solutions Vendor, the Corporation's products include the highly acclaimed Serenic Navigator, Serenic DonorVision, Serenic AwardVision, and Serenic BudgetVision. In addition, the Corporation is the exclusive developer of the human resources and payroll products for Microsoft Dynamics NAV users in North America.

Serenic Corporation is a public company with offices in Edmonton, Alberta and Lakewood, Colorado. It trades under the symbol "SER" on the TSX Venture Exchange in Canada. Additional information about the Company is available at www.serenic.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. Company and product names mentioned herein may be trademarks and/or registered trademarks of their respective owners.

ON BEHALF OF THE BOARD OF DIRECTORS

Randy Keith, President and CEO

Serenic Corporation

Contact Information

  • Serenic Corporation
    Randy Keith
    President and CEO
    (303) 980-6007

    Serenic Corporation
    Linda Nicholson
    Vice President of Marketing, Serenic Corporation
    (877) 737-3642, Ext. 105
    lnicholson@serenic.com
    www.serenic.com