Flexfield Software Shaking Up Oracle Openworld '07

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Software allows easy and rapid change for Oracle Applications®.

Even before the doors of Oracle OpenWorld open today, one company is already making plenty of noise. FlexField Express is showcasing their FlexField product that allows their customers (the 80 percent of Oracle Applications users who need to change how they record their financial transactions) to change their Chart of Accounts. Companies need to change the data entry points for their accounting entries, known as "flexfields" for a variety of reasons including new business initiatives, mergers and acquisitions, statutory and regulatory requirements such as Sarbannes-Oxley, and reorganizations.

"Until now, Oracle Applications® users found it difficult and expensive to make changes once their accounting flexfields were configured," says FlexField Express CEO Helene Abrams. "Our goal is simple: make it easier and painless for the user to rapidly model and change their Oracle chart of accounts, without reimplementation."

FlexField software solves this problem by allowing these users to change their Chart of Accounts structure or values and bring in all of their transaction history in as little as a weekend, while maintaining the relational integrity of the Oracle Applications. FlexField is also the only program that has built in capabilities to model a Chart of Accounts and is versatile enough to allow users to change their systems as their business needs change. "With FlexField, Oracle users have an advantage over all other Enterprise Resource Planning (ERP) users because they can model their Chart of Accounts and evaluate how a new accounting structure enables and supports new business initiatives," says Abrams.

About FlexField Express: FlexField Express was founded by IT expert Helene Abrams, a pioneer in Oracle Applications-changing software. Abrams formerly started Crystallize Inc., now known as Applimation, and was an executive in Big Five firms. For more information about FlexField Express or FlexField software, go to http://www.flexfieldexpress.com, call 888-943-5363. You can also learn more by visiting booth 508 at Oracle OpenWorld.

For media inquiries, or to arrange an interview with Helene, please contact:
Suzanne Curry
Director of Marketing
Cell 863.698.6335

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HELENE ABRAMS

Suzanne Curry
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