Vertical Computer Systems Inc (fka VCSY)

[lbman]

Courtesy of Dabbler3248, Raging Bull #327512:

By: dabbler3248
05 Aug 2012, 03:51 PM CDT
Msg. 327317 of 327511


" Here's some good news! As of tomorrow VCSY will own NAVPath outright!


"Upon full payment, InfiniTek shall transfer and assign ownership of the NAVPath software developed by InfiniTek for use with NOW Solutions emPath® software application and Microsoft Dynamics NAV (formerly Navision) business solution platform."



"On December 31, 2011, the Company and InfiniTek entered into a settlement agreement whereby the Texas Action and the California Action were both dismissed. Pursuant to the terms of the settlement agreement, Vertical agreed to pay InfiniTek $82,500 in three equal installments with the last payment due by or before August 5, 2012. Upon full payment, InfiniTek shall transfer and assign ownership of the NAVPath software developed by InfiniTek for use with NOW Solutions emPath® software application and Microsoft Dynamics NAV (formerly Navision) business solution platform. The amounts in dispute were included in our accounts payable and accrued liabilities and have been adjusted to the settlement amount of $82,500 at December 31, 2011. The Company has made $37,500 in payments due under the settlement agreement as of May 15, 2012."


http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8620559-24253-51597&type=sect&TabIndex=2&companyid=70466&ppu=%252fdefault.aspx%253fcik%253d1099509

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and here's the original Infinitek webpage from almost four years ago...


NAVPath is an extraordinary union joining Microsoft Dynamics NAV, the world’s best selling ERP software for small to medium businesses to emPath the best-of-breed HR/Payroll software.The interface joining these two products enables a version of emPath to be run from Navision seemlessly.

This bundled package is offered to the user inthree options:

The customer can purchase the software and run it on their network (outright ownership)
The software can be hosted in a FAS70 compliant Data Center(Software-as-a-Service)
The software can be run as a payroll service: payroll checks/compliance/tax reporting deductions.


In addition, a scaled-down emPath version has been developed which is easier to use and set up, with discounted pricing.


A major advantage of the emPath solution is that the payment can be taken on the day of issuance instead of 2-3 days in advance as other service providers do. Why should theyhave the interest on your money which they "float"?You can do the math.

Additional benefits of NAVPath:
High-end "leader-of-the-pack" emPath functionality run from Navision
Employee self-service to look up/manage own information
Reduce payroll costs by as much as 40%

Shouldn’t you be looking at combining the benefits of Navision with emPATH, a world-class HR/Payroll solution?Contact us today to learn more Contact Us.

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http://www.infinitek.biz/SoftwareSolutions/emPath/tabid/67/Default.aspx

The power of emPath


The Business Arrangement


The emPath HRMS system is sold exclusively by InfiniTek. A special offering linking emPath to NAV is also available under the brand “NAVPath”. The impressive infrastructure and hosting environment is courtesy of NOW Solutions.

What is emPath?


A web-based end-to-end human resources, payroll and benefit administration solution available in two options: In-House and Software as a Service (SaaS). With the in-house version software is installed and managed at your facility accessed from a secure internet connection. The HRMS system offered as a SaaS allows you the benefits of the in-house version without the overhead of managing software and hardware environment.

What distinguishes emPath from other HRMS solutions?


The feature-intensive web-based software is comprehensive and scalable, all at a remarkably low cost-of-ownership. It is the right tool for today’s evolving environment, where simply processing paperwork and issuing pay checks is simply not good enough. The pressures of today means that you do more things, faster, better with more detail using fewer resources. That means the HRMS professionals must now manage strategic change, not just perform functions.

And the issues are becoming more complex: changing legislation, compliance and practices, frequent shifts in benefit policies and pressure to increase productivity while controlling costs. This is where emPath excels offering robust functionality at a lower cost of ownership than the traditional model. No matter how complex your payroll demands are, emPath’s easy-to-use formula-building capabilities make quick work of pay rates, deductions or union payrolls.

Bottom line Benefits
•Ensure tight integration of your human resources and payroll functions
•Utilize comprehensive administrative and workflow capabilities
•Empower employees through employee and manager self-service
•Control payroll processing costs and time (up to 50% reduction)
•Increase productivity and efficiency of benefits administration
•Ensure regulatory and legislative compliance
•Establish and maintain security for employee and payroll records

User friendliness

Easy to use, set up and maintain via a browser interface, just like the internet.


EmPath, like other web-based applications is a software tool that resides on a centralized server and is accessed via the World Wide Web. Unlike traditional solutions, emPath does not require software to be installed on each user’s desktop. All functionality is accessed through the web.


This solution also features a Microsoft-centric approach to maintain compatibility with other business applications your HR staff uses. With familiar commands and maneuverability, they’re up to speed in no time. And the system integrates seamlessly with other desktop applications your employees are already familiar with. "