ISID and DTC in Consolidated Accounting Software Tie-up
-- SCOPE III and FALCON/PC consolidated accounting packages integrated --
Information Services International - Dentsu, Ltd. (ISID; Head Office in Nakano-ku, Tokyo; Jutaro Takinami, CEO; ¥8180.5 million in capital) and Deloitte Tohmatsu Consulting Co., Ltd (DTC; Head Office in Minato-ku, Tokyo; Kazumasa Nishioka, Managing Director) have agreed to integrate their SCOPE III and FALCON/PC consolidated accounting software packages and operate jointly in the consolidated accounting field.
This agreement generates a user base for the two companies of some 500 companies (500 corporate groups), making it the most extensive user base of any corporate consolidated accounting package in Japan. The integration of system tie-ups and management tie-ups in the two companies, coupled with their pooled expertise in system development, installation, maintenance, operation and management allows ISID and DTC to make a secure, long-term commitment to providing consolidation software that features even better quality and greater functional diversity.
The two companies also plan to work together providing joint management
consulting, marketing, sales and software maintenance services with the
aim of building a broad-based cooperative relationship that will extend
well beyond the consolidated accounting field.
[Background]
DTC supplies the FALCON/PC and FALCON/NT FALCON-series software, with packages already shipped to over 250 corporate clients. ISID supplies the SCOPE series software and has also shipped copies to over 250 corporate users.
Until now, ISID and DTC have each developed their own software packages
and produced updates as required, working to enhance the software functionality
and keep ahead of their rivals. From this point on, SCOPE III and FALCON/PC
will be integrated, adding the consulting skills of DTC to ISID's technical
expertise. This combination will allow the new alliance to better meet the
needs of their clients by enhancing the functionality of their consolidation
software (including the management consolidation and IR support functions).
This will provide effective support for the almost yearly accounting system
revisions that are needed if those systems are to keep pace with the rapid
advances in IT.
[Details of the Tie-up]
- ISID will use the expertise of both companies to add greater functionality (management consolidation and IR support functions, etc.) to the SCOPE III package.
- DTC will develop the interface software for migrating FALCON/PC data into SCOPE III.
- New software will be supplied on a stable, long-term basis.
- Support services will be provided that will give the expanded user base the full benefits of combined experience and expertise of both companies.
- The roles of the two companies will be split so that ISID is responsible
for sales and support for the enhanced version of SCOPE III, while ISID
and DTC will jointly offer consulting services.
[Working to Enhance the Management Consolidation Module Function as a First Step]
Development startup date: The project team has already been selected inside ISID and work on specification definitions has just begun.
Product release: Scheduled for Summer 2001
Price: TBA
Name: Deloitte Tohmatsu Consulting Co., Ltd
CEO: Kazumasa Nishioka, Managing Director
Head Office: 1-2-8 Toranomon, Minato-ku, Tokyo
Business Activities: Management Consulting
Outline: Deloitte Tohmatsu Consulting (known outside Japan as
Deloitte Consulting) is the consulting arm of Deloitte Touche Tohmatsu,
a professional services firm which provides advisory, tax, and consulting
services through more than 90,000 people in over 130 countries. To ensure
continued client growth, Deloitte Touche Tohmatsu employs some 13,500 professional
consultants who provide the world's highest standard of support services.
In Japan, Deloitte Tohmatsu Consulting has around 1,000 consultants working
in a wide range of fields.
