African Wildlife Foundation selects Serenic to handle multi-currencies and languages...
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African Wildlife Foundation selects Serenic to handle multi-currencies and
languages across global sites
TSX Venture Exchange Symbol "SER"
EDMONTON, June 1 /PRNewswire-FirstCall/ - Serenic Corporation (TSX-V:SER),
("Serenic" or the "Corporation"), a leading publisher of financial management
and business operations software for nonprofits, international
non-governmental organizations (NGOs) and the public sector, and Capital
Business Solutions, a Serenic partner and provider of financial management and
development software and services, announced today that Serenic Navigator has
been selected by the African Wildlife Foundation (AWF), the leading
international conservation organization focused solely on Africa.
AWF is a nonprofit organization founded in 1961 to help newly independent
African nations and people conserve their own wildlife. AWF has helped to
ensure the continued existence of some of Africa's most rare and treasured
species by training and educating conservation professionals and developing
conservation enterprises to improve peoples' livelihoods while also conserving
wildlife.
With headquarters in Washington, D.C., and 80 percent of its staff in Africa,
AWF requires sophisticated tracking of program budgets and grant funding in
multiple languages and currencies. It was looking for a "paperless solution"
and had outgrown the capabilities of its existing SunSystems financial
management system. AWF chose Serenic Navigator after considering Blackbaud,
Deltec Information Systems, Great Plains and Solomon Software.
"Serenic was able to automate at a much higher level than any other system we
considered," said AWF's Chief Financial Officer Jeff Chrisfield. "We operate
with a thin staff, and manual data analysis had become too time-consuming and
distracting for us. Further, Serenic was the only system able to provide a
unified and synchronized database across the many developing countries in
which we operate. We expect to recoup our investment in Serenic within 12 to
18 months by freeing up two full time finance employees, as well as
significantly improving internal budget accountability through the provision
of superior financial reporting."
Serenic's replicator tool will be a big benefit, according to Chrisfield,
helping AWF to communicate across its nine offices in Africa, where it needs
to synchronize data sets and where connectivity problems often create issues.
A total of 18 AWF users will access Serenic Navigator - certified for
Microsoft Dynamics NAV - and AwardVision, Serenic's grant management product,
with unlimited users accessing Serenic Portal Services features via the Web.
The fully integrated Serenic Navigator product suite includes advanced
budgeting capabilities, which will allow the organization to combine
financials, procurement and grant management.
"Serenic Navigator has the capability to help nonprofit organizations better
handle multiple languages and currencies," said Serenic CEO and President
Randy Keith. "For global nonprofits like AWF, Serenic Navigator eliminates
operating inefficiencies imposed by separate, disconnected systems, and
provides users all over the world with real-time, reliable information
access."
More information about AWF and its programs can be found at
http://www.awf.org/.
About Capital Business Solutions
Capital Business Solutions is a recognized leader in providing the Serenic
Navigator solution and professional services purpose-built for the nonprofit
and public sector. We offer our clients more than thirty years of combined
industry specific experience. Capital Business Solutions has assisted more
than 500 organizations leverage the highest return from their software
technology investments. For more information, visit www.capitalbusiness.net.
About Serenic Corporation
Serenic Corporation is an industry-leading publisher of mission-critical
software products that satisfy the unique and sophisticated functionality
requirements of nonprofit organizations, educational institutions, and public
sector agencies.
Built on Microsoft Dynamics NAV, Serenic's products deliver fully integrated
solutions that can, in many organizations, eliminate the need for multiple
third-party business applications. A Microsoft Gold-certified Industry
Solutions Vendor, the Corporation's products include the highly acclaimed
Serenic Navigator, Serenic DonorVision, Serenic AwardVision, Serenic
CommunityCare and Serenic MinistryView. In addition, the Corporation is the
exclusive developer of the human resources and payroll products for Microsoft
Dynamics NAV users in North America.
In 2007, Serenic was named the Microsoft Dynamics Outstanding ISV of the Year
and earned membership in the Microsoft Dynamics Inner Circle and the Microsoft
Dynamics President's Club, both prestigious achievements that acknowledge
Serenic as a top performer within the Microsoft partner community.
Serenic Corporation is a public company with offices in Edmonton, Alberta and
Lakewood, Colorado. It trades under the symbol "SER" on the TSX Venture
Exchange in Canada. Additional information about the Company is available at
www.serenic.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
Company and product names mentioned herein may be trademarks and/or registered
trademarks of their respective owners.
ON BEHALF OF THE BOARD OF DIRECTORS
By Randy Keith
President and CEO, Serenic Corporation
(303) 980-6007
SOURCE Serenic Corporation
EDITORIAL CONTACT: Linda Nicholson, Vice President of Marketing, Serenic
Corporation, lnicholson@serenic.com, (877) 737-3642, Ext. 105
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