Savantage Solutions Partners With DSI to Bring Cloud-Based Integrated Financial and Acquisition Solution to Federal Market


ROCKVILLE, MD--(Marketwire - February 16, 2011) - Lisa Kazor, CEO and President of Savantage Solutions, announced today that the company has partnered with Distributed Solutions, Inc. (DSI) to introduce an integrated financial management and acquisition solution offering to the Federal market. The new integrated offering features real-time exchange of data between two best-in-class COTS applications -- Altimate™, Savantage's FSIO-certified core financial management system, and AAMS™, DSI's automated acquisition management system. Together, the integrated solution creates a flexible, business process-oriented enterprise business solution for Federal agencies, which supports the full lifecycle of both core financial management and acquisition activities. Further, agencies can choose to implement this new solution in the cloud. 

Kazor explained why the new offering would be valuable to Federal agencies. "Many Federal agencies today still do not have integration between their acquisition system and their financial system. Often when they do, the interface is poorly designed and very expensive to maintain," she continued. "We saw an opening in the market for a real-time integrated solution that is flexible, comprehensive and yet affordable, where an agency can reliably predict the full cost of ownership and would not have surprise or hidden costs again and again just for the integration. We also wanted to provide a cloud-based implementation option to those agencies that are looking to streamline and simplify their IT asset management function."

Kazor also pointed out that agencies would benefit from buying directly from the software vendors, rather than through third party integrators. "A middleman can add more costs and risks to implementing your solution -- by working directly with the software vendors, you get access to more in-depth product and subject matter expertise upfront," she added. She elaborated further, "We partnered with DSI not only because they have a state-of-the-art and comprehensive acquisition solution for Federal agencies, but also because they have, as a company, extensive domain expertise, intense customer focus, and the ability to be very agile and flexible. Hence, we felt both our companies had much in common and could be very effective partners together." 

"For many years, DSI has been helping Federal agencies implement acquisition solutions with financial integrations," said Dan Carr, DSI's CEO. "This experience revealed an opportunity to provide the Federal Government with a more comprehensive solution without time consuming and costly system integration projects. The partnership with Savantage and the resulting offering enables Federal agencies to quickly realize the vision of an end-to-end financial and acquisition solution."

About Savantage Solutions
Savantage Solutions provides a wide range of consulting, integration, technology and support solutions and services to Federal agencies. One of only five vendors of financial management systems certified for federal use by the GSA's Financial Systems Integration Office (FSIO), Savantage also provides enterprise e-business solutions to government agencies. A woman-owned business headquartered in Rockville, Maryland, Savantage takes pride in its emphasis on service excellence. For more information, please contact Ayesha Rahman at 301-258-5600 or by email: arahman@savantage.net.

About Distributed Solutions, Inc.
DSI delivers acquisition software solutions and subject matter consulting services expertise to address the needs of acquisition professionals. For nearly 20 years, DSI has been the leading provider of knowledge-driven solutions that support the full acquisition lifecycle. DSI's highly configurable, web-based solution provides the tools necessary to effectively manage acquisitions from request for contract action to closeout. The inherent process guidance, automated document generation, and review and approval workflow are fundamental solution components. The solution also provides robust contract administration capabilities, real-time management information views and an advanced operational reporting capability. For more information please contact Shane Hand at (703) 471-7530, or by email: shaneh@distributedinc.com

Contact Information:

Contact:
Ayesha Rahman
(301) 258 - 5600