UK financial application software vendor, QSP, plans to develop intranet applications for processing a range of financial tasks, such as entering expense accounts, which lie outside the realm of its core financial software package. The company, which said it has no desire to spread into the broader world of enterprise resource planning, has been looking for a means to expand revenues from beyond sales of its financial software products and services to mainly large UK companies. Already this year the company has moved further into outsourcing and systems integration with the set up of units where QSP can house and manage a company’s outsourced financial systems. The company hopes, however, that this latest move to introduce new intranet- based applications will help it to achieve its stated goal of expanding into the US. The company’s three-year goal to build a range of intranet-based financial applications designed to cut down the use of forms and spreadsheets by company employees outside the finance department, will rely on the development skills of two West Coast US companies. These, as yet un-named, small companies will develop applications in Java. Although QSO will not be able to rely heavily on the distribution power of its US software development partners, it hopes that it can present these new applications as a means to set itself apart from powerful ERP and financial application vendors that have a hold on the US market.
