Australian software development and management consulting firm, Econsult has been chosen to upgrade Epson Australia's non-Y2K compliant financial management system.
Using its SuperModeller Windows-based financial modelling software package - which supercedes the UK-developed MasterModeller (see ARN, Dec 9, page 34) - Econsult will bring Epson's legacy budgeting and monthly reporting system into Y2K-compliance.
The deal is a major coup for Econsult as it seeks to establish its presence in the Australian market.
"Epson Australia has a very large and complex system, and for us to convert it to our own-developed product is great, both in terms of product recognition and because of the value of the deal," Michael Ronai, director of Econsult, said.
Christine Robbins, Epson Australia's chief accountant, revealed that Econsult's support over a number of years, coupled with the 'usefulness of its financial modelling tool", were behind Epson's decision to go with SuperModeller.
Robbins declined to specify the value of the deal, but she claims "[Econsult] built something very clever and very useful at a relatively low cost."
The implementation is scheduled to commence in the first quarter of 1999.