Monday, April 26, 2010

NetSol Technologies, Inc. (NTWK) Set To Release smartOCITM

NetSol Technologies Inc., a worldwide enterprise software solutions and services provider, is set to formally launch its newest web-based offering at the SAP SAPPHIRE Conference on May 17 in Orlando, Florida. Called smartOCI™, it’s designed to make the complex job of procurement a lot easier.

smartOCI targets the approximately 1,000 SAP SRM (Supplier Relationship Management) platform customers around the world, and streamlines the purchasing process by providing users a simple and intuitive interface for searching multiple supplier catalogs simultaneously. The system, sold on a subscription basis, is completely web-based, with no software to download or hardware to install, and operates seamlessly within the SAP SRM procurement application.

Support is also seamless, since NetSol is a well-known SAP Services Partner, and has a highly specialized team of SAP professionals offering SAP consulting expertise across multiple industries and business processes, including financials, supply chain management, procurement, and business intelligence. It doesn’t hurt that NetSol is also one of only 100 companies around the world to have achieved ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments.

NetSol Chairman and CEO, Najeeb Ghauri, commented on the upcoming release. “The formal launch of our new smartOCI™ solution represents a major milestone for our SAP practice and opens up tremendous new opportunities within the vast global market for SAP solutions. smartOCI™ greatly simplifies SAP eProcurement systems, increasing productivity for purchasing organizations and creating the opportunity for material cost savings through more efficient eProcurement capabilities. For organizations with an SAP SRM system, and more than one OCI-compliant catalog, smartOCI™ is a perfect fit. We look forward to demonstrating our smartOCI™ solution at the upcoming SAP SAPPHIRE NOW Conference and see this live launch as a critical factor in driving the growth of our SAP business.”

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