Press
Akcelerant continues to invest in cutting edge solutions
Enhancements to Akcelerant Profitwise continue to push Akcelerant to the forefront
MALVERN, PA (July 30, 2014) — Akcelerant, a provider of software and services to the financial industry, announced another successful milestone today in its continued commitment to making its profitability solution, Akcelerant Profitwise, the best in the market place. As a result of sustained investments, Profitwise costing data will now be developed, validated and maintained in Akcelerant’s newly released, cloud-based costing application.
Profitwise offers cost development and profitability solutions, grounded in a behavior-based methodology, and reveals the actual costs associated with each specific institution. The new cloud-based costing division simplifies the initial cost development, validation process and ongoing maintenance, dramatically reducing manual effort for both the customer and Akcelerant resources. The costing application, with automated import features to support the General Ledger and business actions, creates seamless integration and presents financial institutions with transparency into the details of their validated costs.
“Akcelerant has built its reputation on the constant forward movement of our technology,” notes Chief Technology Officer, Mark Price. “In a competitive industry, we recognize how important it is to understand profitability in order to make educated decisions or facilitate change across organizations, which is why we created and continue to cultivate Profitwise. These latest enhancements are a further example of how we are using technology to streamline processes for our customers to make their lives easier while providing quality results.”
About Akcelerant Software LLC
Akcelerant, located in Malvern, Pennsylvania, is a leading provider of software and services to the financial industry through multiple product lines and relationships with best-of-breed service providers. Today, more than 500 financial institutions in North America are using Akcelerant technology. For more information about Akcelerant, visit www.akcelerant.com.