Toyota banks on software to lift returns

Article Abstract:

Barry Budge, general manager of business systems integration at Toyota Australia, took advantage of lessons learned by Toyota Canada Inc. when overseeing the installation of the SAP R/3 software program. As a result, Budge expects the $14 million installation, designed to increase output efficiency and returns, to pay for itself in two years and to be completed a year ahead of schedule. Budge transferred about 25% of the accounting and costing team to work on the project. Budge also minimized the involvement of software "gurus" and allowed business managers to run the project.

Australia, Motor vehicles and car bodies, Software Publishers, Business Software Pkgs (Micro), Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Statistical Data Included, Production management, Product information, Business management software, Suites (Software), Automobile industry, Toyota Motor Corporation Australia Ltd., Budge, Barry

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Asset-rich Solution 6 finds an amicable solution to cash problems

Article Abstract:

Solution 6 resolved its financial difficulties with its banker, Integral Business Finance, on Mar 16, 1998. The $7 million loan to Solution 6 will continue on its origin terms and further litigation will not be pursued by either company. Solution 6 had liquidity problems because of sales restrictions on its 10 million OzEmail shares listed in the US.

Banking industry, Financial software, Solution 6 Holdings Ltd., Integral Business Finance

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Out of the tax factory into the sausage sizzle

Article Abstract:

Jim Paulyshyn is the finance director and Andrew Walsh is the chief operating officer of the Web-page authoring company Sausage Software. The stock shares of the company averaged about 75 cents in 1996. The shares in June 1998 averaged its lowest at 13 cents, resulting in a capitalization of the company at about $10 mil.

Sausage Software Ltd.

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