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(ST. LOUIS, Missouri - November 19, 2001) Mitchell Humphrey, a world-class provider of web-enabled accounting software, and Genesys, a leading provider of payroll/HR software, announced today they have formalized a business partner agreement. Under the agreement, Mitchell Humphrey and Genesys will work closely together to provide the marketplace with a comprehensive accounting/financial and HR/payroll software solution.
Combining these two best-in-class solutions will create a comprehensive accounting/financial and HR/payroll solution with the highest level of functionality and flexibility. Under the first phase of the agreement, Mitchell Humphrey and Genesys will jointly market the combined solution to their respective customer bases. Phase two of the agreement will focus on a joint effort to generate new business. The two companies will work closely together in the areas of development, marketing and consulting to ensure the applications are seamlessly integrated and implemented.
"More and more organizations are searching for a single source to provide a comprehensive, turn-key solution for Financial and HR/Payroll software," explained Mark Waldschmidt, President and CEO of Mitchell Humphrey. "The partnership between Genesys and Mitchell Humphrey will enable both of us to offer a product that combines best-in-class applications from both sides. Thus, creating a win-win situation for everyone. Genesys and Mitchell Humphrey remain focused on their respective core-businesses and the end-user gets top-notch software for both departments."
Each company brings over 20 years of software design, development and implementation expertise to the partnership. For nearly a quarter century, Mitchell Humphrey has provided comprehensive accounting and financial software solutions to organizations throughout the U.S. and Canada. Likewise, Genesys has over 20 years of experience in providing comprehensive payroll, human resources and benefits administration software and services.
Genesys and Mitchell Humphrey currently have several common customers that are using both software applications. One example is Morris County, New Jersey. The County of Morris (population of 463,000) is located 30 miles west of New York City in Northern New Jersey. Morris County and is among the fastest growing counties in the New Jersey, New York, Connecticut metropolitan region. The county has been a customer of Mitchell Humphrey since 1998 and of Genesys since 1983.
Headquartered in Methuen, Massachusetts,
Genesys has been providing Payroll, HR, and Benefits Administration
solutions for over 20 years. Genesys' prestigious client base crosses
all industries and includes many Fortune 1000 firms. The Genesys solutions
are available to customers through a range of deployment methods including
ASP, full-service business process outsourcing, and licensed software.
Genesys also provides employee/manager self-service, named customer
service representatives, and year-end tax processing services. Genesys'
corporate headquarters are located at 5 Branch Street, Methuen, Massachusetts
01844-1999. More information about Genesys is available at www.genesysHCM.com
Since 1977, Mitchell Humphrey has been delivering comprehensive accounting solutions. Systems are developed and supported by an experienced team of CPAs and IT professionals who understand the unique needs of our customers. Mitchell Humphrey customers are a diverse group of organizations including mid-sized businesses, Fortune 500 corporations, state and local governments, educational institutions, and not-for-profit entities.
Mitchell Humphrey's flagship product, FMS II, is a suite of web-enabled accounting software designed for private and public enterprises. The FMS II suite includes the following modules: General Ledger, Accounts Payable, Accounts Receivable, Purchasing, Inventory, Fixed Assets, Project Accounting, Budgeting, Fund Accounting and Decision Support.
For more information on Mitchell Humphrey contact Lara Moore, Marketing Manager, at (800) 237-0028 extension 3035 or at lmoore@mitchellhumphrey.com.
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