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eOnline, Inc. Selected by Finetrics to Provide Hosting Services for
first SAP-Powered Online Accounting Solution for Small- to Medium-
Sized Businesses
Partnership Delivers First and Only World-class Enterprise Solutions
for the Small to Mid-size Market
LAS VEGAS, NEVADA - JUNE, 14, 2000 - Today at SAPPHIRE® 2000,
the SAP (NYSE ADR: SAP) annual customer conference, eOnline, Inc.,
the leading enterprise applications service provider (ASP), announced
a partnership with FiNetrics, an Internet company developing
an online Financial EcoCenter™ for small- to medium-size businesses.
eOnline will provide the necessary SAP hosting services to support
FiNetrics' online accounting solution designed to provide a world-class
enterprise online accounting solution for small- to medium-sized businesses.(see
related release "FiNetrics™ to Launch Online Financial EcoCenter;
Announces Partnership with SAP to Deliver Internet Accounting and
Financial Applications").
FiNetrics plans to deliver a Financial EcoCenter™ that will enable
small- to mid-size businesses to leverage a comprehensive suite of
integrated web-based financial applications and services. As the first
solution that FiNetrics is launching, its online accounting system
leverages the power of mySAP.comÔ to manage the rapidly evolving accounting
operations of small- to medium sized enterprises. This offering allows
small- to mid-size companies to outsource their financial and accounting
processes, and allows them to be more cost effective and efficient
in focusing on their core business competencies.
"Until now, best accounting practices from enterprise software providers
such as SAP were not an option for small to mid-sized enterprises
because it was cost prohibitive and not scaled to fit their business
requirements," said Adrian Ionel, chairman and CEO of eOnline, Inc.
"As the ASP market is quickly evolving, we are thrilled to have partnered
with Finetrics to be first to market for online financial solutions
from SAP."
"We chose eOnline to provide the infrastructure for our online Financial
EcoCenter based on the company's reputation for service delivery,"
said Ken Mueller, CEO and president of FiNetrics. "We evaluated other
providers, but in this rapidly moving Internet world, we needed a
partner with a proven track record for delivering SAP solutions in
a hosted, managed environment. With eOnline attaining the most SAP
clients in just one year of its inception, we aligned ourselves with
a company that had a similar philosophy of exceeding client and market
expectations."
About FiNetrics
FiNetrics, Inc., is an online Financial EcoCenter that provides a
comprehensive suite of integrated web-based financial applications
and services to small- to medium-sized businesses. The FiNetrics EcoCenter
will consolidate and integrate the fragmented financial services market
for the small- and medium-sized business customer into a single resource
offering accounting and tax, banking, insurance, leasing and payroll
solutions, freeing businesses from costly investments in the technical
and human infrastructure to support such systems. For additional company
or product information, please call 630-799-7500 or visit the website
at www.FiNetrics.com.
FiNetrics is a registered trademark of FiNetrics, Inc. All other trademarks
are the properties of their respective companies.
About eOnline, Inc.
eOnline delivers leading enterprise business applications in a managed
environment to provide end-to-end eBusiness solutions. Clients receive
the highest quality service and expertise for rapid deployment of
eCommerce, business-to-business and enterprise applications solutions
that are tailored and industry-specific. Founded in 1999 and led by
a management team of top industry professionals, eOnline is committed
to providing companies of all sizes with world-class eBusiness solutions
through guaranteed service level agreements and at a price point previously
unavailable. With the largest and fastest growing client base, eOnline
is SAP certified and leads the market for SAP solutions in the application
service provider (ASP) model. For more information contact our website
at www.eOnlineinc.com. eOnline, Inc. - The ASP for Market Leaders.
eOnline is a trademark of eOnline, Inc. SAP and all
SAP product and service names herein are trademarks or registered
trademarks of SAP AG. Other product and company names herein may be
trademarks of their respective owners. © Copyright 2000 eOnline, Inc.
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