Montreal (Quebec), April 26, 2010 – Fortsum Business Solutions Inc. (Fortsum), a member of GFI Solutions Group Inc. (GFI) and a Canadian leader in IT consulting services and business and financial solutions for small- and medium-sized businesses (SMBs), is pleased to announce that it has been named a finalist at the 2010 OCTAS contest. The company has been acknowledged in the “Transformation of Organizational Processes” category for a project carried out with its client Prestilux.
As part of this project, Prestilux sought to improve its business processes by installing an SAP Business One ERP system equipped with an inventory planner, CRM and EDI systems. For this, the company had to convert a legacy AS/400 to a modern system which makes it possible to radically transform the company’s processes and sustain its growth with the help of the Internet. Seventeen years’ worth of data had to be migrated without compromising the distribution of some 4,000 products from various countries. Completed in 2009, the first phase of this extensive project has already resulted in substantial savings and has significantly improved the company’s efficiency and competitiveness. Last October, this very project was awarded first prize in the “Best Mid-Market Solutions” category of the CDN Channel Elite Awards.
Fortsum specializes in the development, technical support, implementation, integration and marketing of efficient, adaptable high-tech solutions for the daily management of the business and financial data of SMBs. It has more than 24,000 clients, located primarily in Quebec, Ontario and the Maritimes.
The OCTAS award is the most high-profile distinction in the Quebec IT sector. It recognizes information technology’s strategic contribution to Quebec’s economic and social development. The OCTAS contest highlights the creativity and dynamism of the players in this major 23-billion-dollar industry and rewards their excellence.
The OCTAS contest is an annual event organized by Réseau Action TI, the most important IT sector organization in Quebec. The names of the winners will be announced at the OCTAS Gala, which will be held on May 29, 2010, at the Centre des congrès de Québec.
About GFI Solutions Group Inc.
With close to 1,000 employees and a critical mass of over 55,000 customers, GFI Solutions Group Inc. is a leader in IT solutions in Canada. The company is ranked 15th on Branham’s list of top 25 Canadian ICT professional service providers and it is ranked 43rd among the top 250 Canadian ICT companies.
GFI specializes in the design, implementation, integration and support of business software solutions; the development of e-business and e-payment solutions; and the delivery of professional and technical IT services. The company offers a fully integrated range of products and services aimed at optimizing organizations’ business processes, enhancing their performance, and maximizing returns on their IT investments.
Established in 1988, GFI has pursued an active growth strategy through targeted acquisitions, including, most recently, Fortsum Business Solutions Inc., Bell Business Solutions Inc. and Accovia Inc. In five years, GFI’s annualized sales have increased by almost 500 %, and, nearly quintupling, the size of the company’s staff has kept pace. www.gfisolutions.com
Forward Looking Statements
This press release may contain forward-looking statements about GFI Solutions Group Inc. and Fortsum Business Solutions Inc. and their respective business units’ objectives, strategies and businesses which involve risks and uncertainties. These statements are “forward-looking” because they are based on our current expectations, on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. Consequently, GFI and Fortsum Business Solutions expressly disclaim any liability or commitment to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Director, Communications and marketing
GFI Solutions Group Inc.
514.288.7161, ext. 413