21st June, 2002

matrix forms strategic alliances

Matrix Resource Management has moved one step closer towards providing the complete business solution, by forging influential strategic alliances with OpenAccounts and KCS.

Both alliances will enable IMPACTxp to expand upon its ability to maintain and manage financial systems, thus providing clients with a complete integrated solution.

OpenAccounts integration technology allows Matrix to embed OpenAccounts into its application, enabling IMPACTxp to evolve and include a module that is able to manage financial systems such as purchase ledgers, accounts receivable and accounts payable. The partnership with Surrey based KCS, which produces personnel and payroll software, will allow IMPACTxp to encompass the management of payroll and personnel issues.

In becoming strategic business partners both Matrix and Open Accounts will develop joint marketing opportunities. OpenAccounts aim to deliver business management and information systems that allow customers to develop a value-added Finance function within their business, utilizing best-of-breed core applications and integrated eBusiness functionality.

Marian Draper, Channel Sales Manager at OpenAccounts Plc said, "We are delighted that Matrix have joined our Business Partner Channel. Their niche market products and expertise in bespoke solutions combined with OpenAccounts Financials will provide their customers with a fully integrated Best-of-Breed business solution. Our Business Partner channel is core to our success. Our Business Partners focus on their own areas of expertise, adding value to the core OpenAccounts Financials Application".

Both Matrix and KCS are looking to create new strategic channel partners and Matrix is the first to sign up for the new partnership programme set up by KCS.