ATLANTA, GA– May 18, 2016– AssetOptics, a leader in cloud-based CMMS/EAM solutions, today announced it has partnered with Accounting Seed, the developer of the first 100% native accounting and enterprise resource planning (ERP) application built from the ground up exclusively for the Salesforce platform. AssetOptics and Accounting Seed, which are natively integrated as Salesforce applications, will be working together under a referral partnership.
Accounting Seed was created to allow customers to build world-class business management solutions on the Force.com platform with a reliable and affordable, seamlessly integrated accounting and order/ inventory management package. By leveraging the integrated combination of AssetOptics and Accounting Seed, customers will be able to tie the AssetOptics-based purchasing solution into Accounting Seed’s Accounts Payables function.
“AssetOptics’ integration with Accounting Seed provides a best in class purchasing-to-payment workflow,” said Horizontal Well Drillers Chief Financial Officer Larry Compton. “Repair and maintenance tracking by certified asset is critical in the oilfield services industry. These applications are very cost-effective and will scale up very easily as we grow.”
The integration will also enable customers of the two products to capture all accounting transactions tied to inventory management; i.e. On-Hand Balance Sheet Values, Inventory Issues to Work Orders. Customers who utilize the solutions in tandem will eliminate duplicate data entry—and the errors that accompany such an effort—while enjoying enhanced user productivity and a lower total cost of ownership for both products.
“This partnership was a natural step for our two companies, which offer highly compatible functionality and have a similar customer base,” said AssetOptics Founder Mike Edwards. “AssetOptics and Accounting Seed are also culturally well aligned. We look forward to working with Accounting Seed’s principals to grow both companies for the benefit of our customers.”
AssetOptics is a privately held company with deep domain expertise in enterprise asset management. AssetOptics Facilities, Equipment and Fleet Maintenance for Salesforce is a native Force.com application, benefiting from the reliability, scalability and performance of salesforce.com’s trusted enterprise cloud computing platform. For more information, visit www.assetoptics.com.
About Accounting Seed
Accounting Seed was started in 2010 by a team of professionals who built robust custom solutions on the Force.com platform combining domain expertise in CRM, Enterprise Resource Planning (ERP) and Accounting. The company’s main goal is to make customers successful by allowing them to run their business management solutions entirely on the Salesforce platform. Accounting Seed combines General Ledger, Project Accounting and ERP into one application to create a total back office solution. For more information, follow the company on Twitter or LinkedIn, or visit www.accountingseed.com.
About Horizontal Well Drillers
Horizontal Well Drillers (HWD) is an onshore oil and gas drilling contractor specializing in the drilling of oil and gas wells across the United States and Mexico. HWD strives to be a leader in the oil and gas drilling industry while delivering safe and efficient drilling practices that save clients time and money. The company also encourages and rewards the creativity, teamwork and enthusiasm of its employees while setting the highest of safety standards. For more information, visit www.hwdrillers.com.