Ferrari Financial Services Selects Flexi Software
13 November 2007 - 1:05PM
Marketwired
NAPLES, FL , a provider of world-class accounting software and
services, announced today that Ferrari Financial Services, Inc.,
the captive finance company for Ferrari North America, Inc., has
implemented FlexiPayables and FlexiLedger, modules available within
the FlexiFinancials Suite.
Ferrari Financial Services was looking to implement a new
accounting system. A recently created entity, they had no existing
accounting systems in place but had to meet the stringent
requirements of their parent company in Italy. Ferrari Financial
Services needed the ability to follow the GAAP and IAS
guidelines.
"Flexi was recommended to us by another global financial
services organization that had just rolled out Flexi solutions in
38 countries," said Ferrari Financial Services General Manager Tom
Vitale. "We saw that Flexi's products could do precisely what we
would need them to do for our business."
Flexi's open architecture allows for easy integration with
Ferrari Financial Services' other technologies such as their
leasing, invoicing, and collections solutions.
"We were able to get Ferrari Financial Services up-and-running
with the Flexi products in about 30 days," said Flexi Chairman and
CEO Stefan R. Bothe. "We look forward to working together with
Ferrari Financial Services to ensure that all their accounting
needs are met."
Last year, Flexi began supplementing its successful partnership
sales program with a direct sales effort into the Banking,
Insurance, and Financial Services industries. In addition to
Ferrari Financial Services, Flexi recently welcomed Eastern
Financial Florida Credit Union, Federal Home Loan Bank of Topeka,
Hills Bank, Superior Bancorp, and City Holding Company as new
customers, as well as assisted a global financial services company
in rolling out Flexi products in 38 countries.
About Ferrari Financial Services
Ferrari Financial Services was launched in July 2007. Based in
Englewood Cliffs, NJ, Ferrari Financial Services offers retail
financing and leasing to Ferrari customers through their network of
authorized Ferrari Dealers in the United States. Utilizing a wide
range of personalized flexible financial programs, FFS provides
vehicle financing from the current model range to Formula 1
single-seaters and classics. For information, visit
www.ferrariusa.com.
About Flexi
Founded in 1991, Flexi develops, markets, and supports the Flexi
suite of financial and accounting software that helps companies
streamline their accounting processes. Flexi's system integrates
easily with other systems, and provides powerful and flexible
accounting capabilities. The fully integrated suite includes
modules for General Ledger, Accounts Payable, Accounts Receivable,
Fixed Assets, Purchasing, Capital Projects, and more. For
information, visit www.flexi.com.
Media Contact: Gianna A. Vivo 239.298.5718
gianna.vivo@flexi.com