Johannesburg-based Accountmate has acquired a locally written and developed multi-user accounting software for SME businesses. Known as Palladium, it sets new standards in stability and takes data corruption out of the equation.
Accountmate managing director Stephen Corrigan says the technology is ground-breaking and Palladium offers a three-year guarantee against data corruption. “Palladium is offering features that are available in much larger, expensive packages at quadruple the cost,” says Corrigan. “But perhaps the most compelling feature is that it connects dynamically to the database and is totally stable, making data losses and database corruption a curse of the past.”
Corrigan adds that the program has no connectivity issues. “A user can be halfway through entering an invoice and if the network cable is pulled there will be no effect – the invoice will still be there and no data is lost. All transactions roll back automatically if not posted in full, such as during a power failure or sudden network disconnect.”
The software has strong general ledger functionality with departments and cost centres and offers enterprise features while maintaining an SME look and feel. “Palladium means a safeguard or a source of protection,” says Corrigan. ”It is a proven, highly stable solution based on robust technology solution. It is now in its fourth version and until now was one of the industry’s best kept secrets.”
The software is available in three versions ranging from a single user to mid-range and larger SMEs with hundreds of users.
Corrigan says the technologies for AccountMate and Palladium are the same – making it easier to re-apply and assign resources across the products. “We can also offer complementary Accountmate products to the Palladium user base and have already secured the rights to distribute Clickbase, an industry leading BI tool, to Palladium users at a fraction of the cost.”
Today’s SME market understands the importance of stable databases, code and language and SME businesses want solutions that offer stability and reduced cost of ownership. “During the time of the widespread power failures through load-shedding during 2008, Palladium sites experienced not a single incidence of data corruption,” says Corrigan.
Palladium is written in VB.Net and MS SQL 2008 and Corrigan points out that It is a well-engineered product. “We can see further opportunities for it internationally with its powerful tax engine.”
For more information contact Stephen Corrigan, Accountmate Africa, +27 (0)82 824 6862, www.palladium.co.za
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