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RALEIGH, N.C. - ncarol.com -- Okovango ERP, an innovative startup based in Raleigh, North Carolina, proudly announces the acquisition of a substantial $2 million contract with Finite Business Solutions, a leading accounting firm based in Austin, Texas. This strategic partnership is set to transform the way businesses manage their operations and streamline their processes.
"We are thrilled to embark on this transformative journey with Finite Business Solutions," said Seabelo Silitshena, Co-founder and CTO of Okovango ERP. "This significant contract highlights the value of Okovango ERP's advanced features and capabilities, showcasing our commitment to empowering businesses with efficient and comprehensive solutions. Moreover, this partnership will contribute to the growth of the Triangle by creating more employment opportunities and further establishing Raleigh as a bona fide hub for tech startups."
Under the terms of the contract, Okovango ERP will provide Finite Business Solutions and their clients with its full suite of cutting-edge features, including Accounting, Human Resources Management (HRM), Customer Relationship Management (CRM), Project Management, Point of Sales (POS), and Product and Inventory Management. This collaboration aims to enhance the operational efficiency and effectiveness of Finite's client services.
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"This partnership with Okovango ERP signifies a new era of innovation for Finite Business Solutions," stated Trung Pham, CEO of Finite Business Solutions. "We are excited to leverage Okovango ERP's state-of-the-art capabilities to offer our clients unparalleled solutions that will drive their success and growth."
The contract outlines the provision of Okovango ERP's platform to serve over 800 Small- to Medium-sized Enterprises within Finite's existing client portfolio, translating to an estimated monthly recurring revenue of $150,000, equating to $1.8 million annually. The agreement also allows for the expansion of services to an additional 300 clients at the same per-client subscription fee, subject to mutual agreement.
Okovango ERP and Finite Business Solutions are committed to ensuring a seamless transition by aligning their services with the completion of the Vantaca accounting software system integration to meet Finite's service standards.
"We are confident that this partnership will create a strong synergy between our organizations, resulting in mutual growth and success," added Silitshena. "Together, we will deliver unparalleled value to businesses seeking advanced solutions to meet their operational needs."
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This collaboration underscores Finite Business Solutions' dedication to supporting and promoting these services for a minimum of five calendar years from the initiation of the subscription. The agreement also ensures that subscription renewal fees will increase no more than 10% annually during this five-year period, offering clients stability and predictable cost management.
The partnership between Okovango ERP and Finite Business Solutions represents a powerful combination of innovation, expertise, and commitment, poised to redefine the landscape of business management solutions.
Contact:
Corporate Communications
Okovango ERP
Email: info@okovango.org
Website: www.okovango.com
"We are thrilled to embark on this transformative journey with Finite Business Solutions," said Seabelo Silitshena, Co-founder and CTO of Okovango ERP. "This significant contract highlights the value of Okovango ERP's advanced features and capabilities, showcasing our commitment to empowering businesses with efficient and comprehensive solutions. Moreover, this partnership will contribute to the growth of the Triangle by creating more employment opportunities and further establishing Raleigh as a bona fide hub for tech startups."
Under the terms of the contract, Okovango ERP will provide Finite Business Solutions and their clients with its full suite of cutting-edge features, including Accounting, Human Resources Management (HRM), Customer Relationship Management (CRM), Project Management, Point of Sales (POS), and Product and Inventory Management. This collaboration aims to enhance the operational efficiency and effectiveness of Finite's client services.
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"This partnership with Okovango ERP signifies a new era of innovation for Finite Business Solutions," stated Trung Pham, CEO of Finite Business Solutions. "We are excited to leverage Okovango ERP's state-of-the-art capabilities to offer our clients unparalleled solutions that will drive their success and growth."
The contract outlines the provision of Okovango ERP's platform to serve over 800 Small- to Medium-sized Enterprises within Finite's existing client portfolio, translating to an estimated monthly recurring revenue of $150,000, equating to $1.8 million annually. The agreement also allows for the expansion of services to an additional 300 clients at the same per-client subscription fee, subject to mutual agreement.
Okovango ERP and Finite Business Solutions are committed to ensuring a seamless transition by aligning their services with the completion of the Vantaca accounting software system integration to meet Finite's service standards.
"We are confident that this partnership will create a strong synergy between our organizations, resulting in mutual growth and success," added Silitshena. "Together, we will deliver unparalleled value to businesses seeking advanced solutions to meet their operational needs."
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This collaboration underscores Finite Business Solutions' dedication to supporting and promoting these services for a minimum of five calendar years from the initiation of the subscription. The agreement also ensures that subscription renewal fees will increase no more than 10% annually during this five-year period, offering clients stability and predictable cost management.
The partnership between Okovango ERP and Finite Business Solutions represents a powerful combination of innovation, expertise, and commitment, poised to redefine the landscape of business management solutions.
Contact:
Corporate Communications
Okovango ERP
Email: info@okovango.org
Website: www.okovango.com
Source: Okovango Software Inc.
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