Accpac Australia Software Is A
Basic Manufacturing This is the comprehensive building block for the modular MISys Manufacturing system. Start with the Basic Manufacturing Module and add functionality when you need it. MISys Manufacturing software is a modular system.
1.2 Development and distribution of Brilliant Accounting (1990-1994)World-class support from a professional company. Choose hosted or cloud options. Ideal for small to mid-market businesses, reduce costs & improve performance with Sage 300 Solutions.
1.3 Formation and growth of Softline Holdings (1995-1997) Contact us for demo and latest grants information. Combined with our management consulting skill and software development capabilities we extend the solutions that Sage 300 ERP ACCPAC can provide to meet your unique business requirements.Grants are available for enterprise accounting, inventory, payroll, time attendance and leave solutions.
2.3 Softline acquires Sage Netcash (2010) 2.1 Softline acquired by the Sage Group plc (2003) 2 Local and international acquisitions 1998-2002
5.7 Charles Pittaway MD, Softline NetcashHistory Founding of Softline (1988-1990) Softline was founded by Ivan Epstein and Alan Osrin in 1988 during the formative years of the software industry with a mere R1, 500 loan. 5.5 Grant Lloyd MD, Softline Pastel Payroll 5.4 Steven Cohen MD, Softline Pastel Accounting 5.3 Jeremy Waterman MD, Softline Accpac 5.2 Rob Wilke Chief Financial Officer Softline and Sage AAMEA 5.1 Ivan Epstein Chief Executive Officer Softline and Sage AAMEA
The Brilliant Suite of products were expanded to address a number of vertical markets. By 1993, more than 20,000 South African businesses were utilising Brilliant Accounting. Within 2 years, Brilliant Accounting became a household name and achieved "Best Seller Status".
Softline Limited also completed the following acquisitions in 1997:Softline Limited acquires 100% of Multisoft SASoftline Limited acquires 100% of IBIS Services. During this time, Softline's reseller base extended into Africa and the company made the following acquisitions:Softline Limited acquires 100% of Computer PartsSoftline Limited acquires 100% of Ultra TechnologiesSoftline Limited acquires 100% of MasterSkill TrainingIn December 1996, Softline Distribution was awarded the Computer Reseller News Channel Champion Accounting software Award 1996.Softline Limited lists on the Johannesburg Stock Exchange (1997) On 19 February 1997, Softline Limited lists on the Johannesburg Stock Exchange with a market capitalization of R250m (£20m).Later in the year, Softline Limited reported above forecast maiden results for yearend February 1997 and Ivan Epstein selected as a Computer Reseller News Channel Executive 1997 - Top 20 Movers and Shakers in Southern Hemisphere. Formation and growth of Softline Holdings (1995-1997) Softline experienced remarkable growth during the 1990s and by 1995 began to actively pursue the implementation of Softline's listing in the Johannesburg Stock Exchange. This further strengthened Softline's position in the accounting software market. In 1994, Ivan Epstein secured a long term agreement with Intuit, granting Softline exclusive distribution rights to the Intuit range of products in Southern Africa.
At this time, SVI had operations based in the US and Australia.Local and international acquisitions 1998-2002 During 1998 Softline made the following acquisitions:Softline acquired VIP Payroll Systems one of South Africa's largest payroll developers and implementersSoftline increased the group's presence in the accounting software market through the acquisition of Lorge & AssociatesSoftline Limited acquired Sybiz Software in Adelaide Australia for A$10mSoftline moved into the hospitality Point-Of Sale with the Acquisition of 100% of Pilot SoftwareIn July 1998, SVI transferred their listing to the American Stock Exchange (AMEX:SVI). This transaction marked Softline's entry into international markets. In a back to back transaction, Softline acquired 60% of US based SVI Holdings Inc., for R150 million. IBIS Services, based in the United Kingdom, a developer and distributor of accounting software specifically for the Construction and Plant Hire industries.Softline Limited acquires 100% of ISU CampusIn October 1997, the black empowerment group Hosken Consolidated Investments (HCI) acquired 20% interest in Softline.
Through the acquisition, Softline was able to provide a solution to SMEs that enabled them to transact in EFT's, debit order and credit card transactions directly from their back-office accounting and payroll applications.Additional acquisitions via SVI USA DateSVI Holdings Inc. In 2004, ACCPAC Africa was acquired by the Sage Group plc and was renamed Softline Accpac.Softline acquires Sage Netcash (2010) In May 2010, Softline announced the acquisition of Netcash (Pty) Ltd, a company that provides transaction processing services in three primary areas: electric funds transfer payments, debit order collections and credit card transaction processing. LA Technology was later acquired by Accpac International in 2000 and became known as ACCPAC Africa. This acquisition consolidated Softline's position as the largest accounting software vendor in southern Africa (with an estimated 80% market share) and then the second largest in Australia.Softline acquires 100% of Opensoft a developer of e-commerce applicationsSoftline acquires 100% of Handisoft, a leading provider of taxation and practice management software and furthers its presence in AustraliaSoftline acquires 100% of ATS, an Accpac solution provider to strengthen its skills in the mid range accounting software spaceSoftline established its footprint in Canada through the 100% acquisition of Businessvision in TorontoSoftline furthers its presence in the United States through the 100% acquisition of Accountmate, a developer of midrange accounting software based in CaliforniaSoftline strengthens its position in the Australian Payroll market via the 100% acquisition of one of Australia's largest payroll developersSoftline acquired by the Sage Group plc (2003) In 2003, Softline delisted from the Johannesburg Stock Exchange to be acquired by The Sage Group plc, one of the leading providers of business management software and services to SME's.In 1989, Alan Ware and Jeremy Waterman established LA Technology, the distributor for Accpac International throughout sub Saharan Africa.
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