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Cognito Server-Based MoneyWorks Datacentre

News Release

Cognito Launches Server-Based MoneyWorks Datacentre

25 March 2004 - Auckland software developer Cognito Software has launched MoneyWorks Datacentre, claiming it is “the ultimate accounting server software for hosting multiple accounts databases on a central server”.

The claim is supported by beta-testing clients around the world who have given extremely positive feedback, especially about the ease of use of MoneyWorks Datacentre.

The launch of MoneyWorks Datacentre means Cognito Software is now able to provide accounting software for large organisations with complex accounting needs.

“In beta-testing with quite large organisations we have nowhere near reached the processing performance limits of Datacentre,” said Cognito Software managing director Dr Grant Cowie. “It is a very scalable product.”

Since its beginnings in 1992 as single-user accounting software solely for Apple Macintosh computers, MoneyWorks has been progressively ported to the PC environment, then into a cross-platform Apple and PC multi-user product before this launch of MoneyWorks Datacentre server.

Dr Cowie says MoneyWorks Datacentre provides all the power, features and flexibility of the existing MoneyWorks Gold product, while providing the convenience and protection of non-stop server-based networking with centralised administration.

“MoneyWorks Gold data sharing is the easiest way to have multi-user network access to a single set of accounts, where one user will be the main ‘host user’ who takes responsibility for saving, backups and some exclusive operations like opening new accounting periods.

“If you have more than one set of company accounts to share, or if it’s not convenient for one user to take responsibility for being the network host, MoneyWorks Datacentre is the answer.

“MoneyWorks Datacentre can serve accounts databases for multiple companies simultaneously from a central server. The server takes care of opening and closing down databases and making rotating backups.

“Datacentre is a modern, high-performance, network capable software package with the level of innovation customers have come to expect from Cognito. It is part of Cognito Software’s continuing focus of making intuitive and industry leading accounting programmes.”

Commercially available from April 2004, Datacentre allows cross platform networking for users on Windows and Apple Macintosh operating systems and offers a unique concurrent log-in user licence system.

“MoneyWorks Datacentre is a very cost effective system for any organisation,” says Dr Cowie. “User-licences are paid according to the number of concurrent log-ins, not total users. This allows organisations to give access to many users without having to pay expensive licensing costs”

Datacentre is priced at $2,995 for the server software and three user licences. Additional user licences cost $500 with unlimited user access potential, dependent only on server capability.

In addition to suiting existing MoneyWorks customers who have grown, Datacentre will also be an attractive option to larger organisations Technology unique to Datacentre includes automatic client software updates, which eliminate the need for each machine to be updated manually by automatically its software at the next login.

Another benefit of Datacentre is the availability of files to all users on demand without the need for a master user to share the document. Datacentre also simplifies weekly and monthly backups, with all data being hosted on one server folder.
MoneyWorks software products are now used in 27 countries by over 7000 organisations since first being releasing in 1992. MoneyWorks has continued to break new ground with each new product including being the first multi-user accounting software company to offer its product free to accountants whose clients use the software.

Prepared for Cognito Software by Communication by Design.

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