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International Business Systems (IBS), globally active specialist for standard business software solutions, consultancy and services, has signed an agreement with Leopold Fiebig GmbH & Co. KG, another renowned pharmaceutical wholesaler. The medium-sized distributor from Southwest Germany will introduce the accounting solution IBS Financials (FIN). This standard solution is to replace a customised system and is scheduled to go live as early as the second quarter of 2008. Prior to this, IBS will integrate existing Supply Chain Management (SCM) solutions with the new standard accounting system. This is to realise the client's objective to map all processes including financial accounting seamlessly. Fiebig has opted for a hosting service which is offered as an alternative to the traditional licensing model. Accordingly, Fiebig will access its financial data on servers in the IBS data processing center in Switzerland.
IBS regards this agreement with Leopold Fiebig GmbH & Co. KG, one of the most innovative German pharmaceutical wholesalers with a long company history, as an important success. It is a trend-setting signal for the entire market, when a long-established, yet cutting-edge company of Fiebig's renown implements our integrative accounting solution which does not only cover all the legal regulations but also meets the specific requirements of pharmaceutical wholesalers, says IBS Sales Manager Kai Mohr. Among the other users in the field of pharmaceutical distribution are companies such as C. Krieger, Galexis, Oriola and Sigma.
Realising seamless integration
In many regards, integration is at the top of Fiebig's agenda. For example, by introducing the IBS standard solution Managing Director Klaus Grke plans to avoid the media breach that used to exist between SCM software on the one hand and invoicing/accounting and preparing balance sheets on the other hand.
It is his declared objective to realize seamless integration of all processes, including financial accounting, in order to provide the management with an all-inclusive business process overview.
He is also expecting integration in the highest possible degree from the current and upcoming implementation of IBS solutions at other companies in the pharmaceutical environment: Only with a uniform and standardized structure will we be able to create a basis for benchmarking and profitable cooperation, he believes. IBS is having significant influence on the development of a German standard in our sector. As a well-established software vendor with a global reach, it provides the long-term security that justifies investment from a business-management point of view.
About Leopold Fiebig
Leopold Fiebig GmbH & Co. KG, headquartered in Rheinstetten, is an independent, privately run full-line distributor with a history of more than 100 years. The 100 eIBS, mployees of the medium-sized pharmaceutical wholesaler provide pharmacies in Southwestern Germany with prescription medicine, OTC drugs and various lifestyle products. The company covers an area stretching from Idar-Oberstein to Mllheim, from Primasens to Schwbisch Hall. In their state-of-the-art logistics centre, where some 80,000 items are continuously on stock, Fiebig reaches an automation degree of 90% in the logistics area. As a result, up to 2,400 orders can be processed per hour, with an average throughput time from receipt of order to loading of goods of only 15 minutes.
About International Business Systems (IBS)
IBS AB is a globally active software company with its headquarters in Solna, Sweden. IBS has some 2,000 employees and more than 5,000 customers in over 40 countries. The specialist for Enterprise Resource Planning (ERP) solutions has been on the German market since 1992, and on the Swiss since 1971. Besides the specialised IBS systems for chemicals, electronics and food, industry-specific solutions for the pharmaceutical industry (IBS Pharma), agricultural and construction machinery wholesale (IBS Machines) and paper wholesale (IBS Paper) are at the center of the portfolio. All vertical solutions are based on IBS Enterprise 6.0, a complete modular system for Supply Chain Management (SCM), e-business, Customer Relationship Management (CRM) and logistics. Apart from software applications, IBS customers can rely on a one-stop shop offering of hardware and comprehensive services. Galexis, Maxell, Miele, Nintendo and Volvo are among the companies that benefit from IBS solutions. In 2006 corporate revenues amounted to some 250 million Euros.