Open Systems Announces Integrated Inventory for Not-For-Profit Organizations

Minneapolis MN-December 13, 2013 - Open Systems, Inc. recently announced the availability of integrated inventory for TRAVERSE Not-For-Profit. This allows nonprofit organizations to keep track of products and merchandise, whether in-store, on-the-road, or online. Because Inventory is seamlessly built into a suite of business applications, TRAVERSE Not-For-Profit provides nonprofit organizations a simple, system-wide integration not offered by other business software systems.

This inventory functionality in TRAVERSE Not-For-Profit helps nonprofits to keep track of and report on critical product and stock information. “As not-for-profit organizations review their books for the year and their options for accounting software in 2014, Open Systems is ready to help them with changing regulatory needs and increased need for accountability,” said Paul Lundquist, Vice President of Sales for Open Systems.

TRAVERSE Not-For-Profit gives nonprofit companies a robust, customizable set of tools for reviewing unlimited budgets and forecasts. In addition to the industry-standard fund accounting and FASB 117-compliant reporting capabilities, the powerful “interactive views” offer a wide variety of reporting options for multiple stakeholders. Drill-down capability speeds audits by allowing easy access to source transactions throughout the system.

“We’ve worked successfully with not-for-profit organizations for over 30 years,” added Lundquist. “This has allowed us to develop a full suite of integrated applications they need to successfully run their nonprofits, including accounting applications, banking, inventory, and CRM. These enhancements to TRAVERSE Not-For-Profit are just more examples of our commitment to this market.”

About Open Systems, Inc.

Open Systems, Inc. is a leading provider of powerful business, accounting, CRM, and mobile software solutions for organizations in many industries, including distribution, manufacturing, and not-for-profit. Open Systems recently celebrated 35 years of serving customers with cutting-edge technologies and adaptable business solutions. Products offered include Microsoft .NET- and SQL Server-based TRAVERSE for the Microsoft platform, and Java-based OSAS for Windows, Mac, Linux, and users. For more information on Open Systems products, call 800-328-2276 or visit www.osas.com.