21 November 2012 β Market leading business applications and services provider, Advanced Business Solutions (Advanced), today announces that it has acquired ATMS plc, a provider of βbest of breedβ warehouse management IT systems to the third party logistics, manufacturing and distribution sectors.
The acquisition will further strengthen Advancedβs proposition to the third party logistics market which is projected to reach US$1.35 trillion worldwide by 2018*
ATMS will be incorporated into Advanced Business Solutionsβ Commercial Division. As ATMS and Advanced have enjoyed a successful partnership since June 2011, they already have a number of joint customers.
The acquisition will build on the existing integration of ATMSβ leading warehouse management system, StockTrack Plus, into Advancedβs financial management system, OpenAccounts, and supply chain management software system, OpenLogistix. OpenLogistix was acquired by Advanced in March 2011.
Simon Fowler, Managing Director of Advanced Business Solutions (Commercial Division), says, βThe acquisition of ATMS provides us with significant opportunity in the UK supply chain market while building on our investment into OpenLogistix. We look forward to promoting our integrated product offering to third party logistics, manufacturing and distribution customers.β
ATMS turns over Β£1.3m per annum, has 16 members of staff who are based at its Birmingham office and 40 customers across 100 sites. Customers include Molton Brown, Walkers Snack Foods and Dominoβs Pizza Group.
* βThird Party Logistics (3PL): A Global Strategic Business Reportβ (October 2012)
Notes to Editor
About Advanced Business Solutions www.advancedcomputersoftware.com/abs
Advanced Business Solutions (Advanced) provides leading integrated business applications and services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies whilst continually improving corporate performance. Advanced prides itself on getting close to its customers by understanding their businesses and responding to their evolving needs.
Advancedβs software systems comprise core accounting/financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions to extend the value and effectiveness of the finance, human resource and payroll departments. These can be delivered as a managed or bureau service.
Customers are from both the public and private sectors and include Companies House, Newcastle City Council, WH Smith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.
Advanced Business Solutions is a division of Advanced Computer Software Group plc, a leading supplier of software and IT services to the health, care and business services sectors.
About ATMS www.atmsglobal.com
ATMS is one of the leading providers of warehouse management systems and supply chain track and trace solutions in the UK, Middle East and Asia.
Liz Ebbrell, Advanced Computer Software Group
+44(0)1625 856 505
07917 634 705
This press release was distributed by ResponseSource Press Release Wire on behalf of Advanced in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.