Microsoft Acquires Accounting Code from Encore
The acquisition gives Microsoft's Great Plains ERP software not-for-profit accounting capabilities that will enable the company to compete on deals within schools and not-for-profit organizations.Beefing up the core horizontal functionality of its Great Plains ERP software, Microsoft Business Solutions announced Wednesday the acquisition of accounting software code from Encore Business Solutions Inc. The acquisition brings not-for-profit accounting capabilities that will enable Microsoft to compete on deals within schools and not-for-profit organizations, according to news reports. The terms of the deal were not disclosed.
Extending the not-for-profit accounting capability, the acquisition brings to Microsoft intercompany payables management and requisition management modulesall which Microsoft currently offers through a reseller agreement with Encore, of Winnipeg, Manitoba.
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