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October 24, 1995

DODGE UNVEILS PROCUREMENT MODULE

By CBR Staff Writer

Waltham, Massachusetts-based financial software house Dodge Group Inc, won’t win any prizes for speed to market but it has finally released a Procurement module for its OpenSeries Financials accounting software. It was originally due soon after the general OpenSeries release back in April of last year (CI No 2,403), but Dodge’s UK managing director said the new module has been available in pieces, though it never quite made it to market in one hit. OpenSeries Financials modules comprise general ledger and procurement, accounts payable and consolidations, and uses a client-server architecture with a Windows front-end connected through an Open Database Connectivity layer to Digital Equipment Corp, IBM Corp, Sun Microsystems Inc workstations. An HP-UX version will follow by the end of the year. Databases supported include Sybase and Oracle. Procurement includes acquisition of goods and services, travel and expense reimbursement, and cash disbursement components with various interfaces for use with in-house systems. Dodge reckons that 75% of its business comes from banking and finance and expects to do $8.5m revenue this year. It has recently won Warwickshire County Council in the UK for its OpenSeries Financials and signed Salomon Brothers in the US for its Procurement module. Module prices go from $100,000. A typical sale is between $300,000 to 500,000, it claims. It has 75 staff in offices in France, UK, Finland and the Far East. The firm is looking to employ 120 by October 96 and plans to go public by 1997.

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