DANA POINT, Calif., Oct. 30, 2007 (PRIME NEWSWIRE) -- Aftersoft Network N.A., Inc., a leading provider of business automation and eCommerce solutions for the automotive aftermarket, today announced that it has continued to expand its customer base for Autopart, a revolutionary software application and key building block in "virtual supply chains" for automotive parts distributors and retailers. The automotive aftermarket collectively supplies and sells the 8.5 million replacement auto parts needed for vehicles operating in the United States. Demand in the U.S. for Autopart, which is already the leading aftermarket technology solution in the U.K. and Ireland, is growing rapidly as companies such as Autopart International and Performance Automotive have recently become customers.
When integrated with the systems of other business partners, Autopart can provide customers with a seamless digital management system spanning the entire supply chain, from the parts warehouse to the parts end-user. Using the latest Microsoft technology, Autopart fully integrates front- and back-office processes for parts distributors and retailers by offering: sales order processing, inventory management, integrated financial and business analysis reporting, and eCommerce connectivity through Aftersoft Network's OpenWebs solution.
"The automotive aftermarket supply chain is complex and notoriously inefficient, with inventory levels often inadequate or excessive, and limited or inaccurate information about parts pricing and availability," said Ian Warwick, president and chief executive officer of Aftersoft Group, the parent company of Aftersoft Network N.A. "Aftersoft's products help resolve these technological challenges, enabling customers to modernize their business processes and improve their financial results."
Autopart is the first application of its kind to integrate all of the business management processes in the parts sector in a real-time manner, eliminating the problem of disconnected, outdated systems, as well as manual, paper-based operations and old-fashioned batch processing. With Autopart's real-time communications, parts store managers have access to real-time, up-to-date information without referencing reports; they are not left guessing about their inventory levels or in-stock position; and they do not have to operate numerous management applications that do not work as one complete solution.
Autopart's benefits and features include:
* Flexible sales order processing that can be tailored to virtually any sales environment with high configurable point-of-sale screens and customer relationship management (CRM) features * Purchase order processing that streamlines stock replenishment and ensures optimum inventory levels are maintained and profit margins maximized * An inventory warehouse management system that automatically records all stock movements, thereby ensuring accurate inventory management and providing complete traceability * Integrated accounting module that offers integrated accounts received, accounts payable and general ledger * Business reporting and analysis feature enables business managers to make informed decisions about key metrics, ranging from inventory usage to sales performance * eCommerce connectivity via Aftersoft's OpenWebs application allows Autopart to communicate with virtually any eCommerce-enabled supplier or customer
"With better real-time information, our customers are driving increased sales, accelerating inventory turnover and generally boosting their efficiency, customer satisfaction and profitability," said Jim French, head of operations for Aftersoft Network N.A.
As the emerging leader in U.S. automotive aftermarket technology, Aftersoft Network also offers companion products to Autopart, including OpenWebs, VAST and DirectStep. Aftersoft Network is the only technology company providing software for both the parts and tire supply chains, with the only eCommerce solution connecting the two sectors.
About Aftersoft Network, N.A.
Aftersoft Network N.A. is a leading provider of business automation and eCommerce solutions that are helping its customers create "virtual supply chains" linking every level of the automotive aftermarket, including both parts and tires through its numerous building block technologies. With products ranging from point-of-sale and inventory control to accounting solutions, the company enables customers to build seamless digital management systems, with real-time communications driving increased sales, productivity and customer satisfaction. The company serves over 450 customers with more than 3,000 locations across the North America, including auto parts distributors and retailers, auto service providers and tire dealers, and warehouse distributors. Based in Dana Point, California, Aftersoft Network N.A. is a subsidiary of Aftersoft Group, Inc. For more information, visit www.aftersoftna.com.
About Aftersoft Group Inc.
Aftersoft Group, Inc. (OTCBB:ASFG) is a supplier of ERP supply chain management solutions to automotive parts manufacturers, distributors and retailers. Aftersoft Group provides the automotive aftermarket with a combination of business management systems, information products, and online services that together deliver benefits for all parties involved in the timely repair of a vehicle. For further information, please visit www.aftersoftgroup.com.
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the company's business including, increased competition; the ability of the company to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence; general economic conditions; and other risks detailed time to time in filings with the Securities and Exchange Commission (SEC).