The GL Company, a certified member of the Oracle(R) PartnerNetwork and the leader in the Accounting Intelligence market, announces the availability of Really Real Time(R) Purchasing. Developed in response to customer requests, Really Real Time Purchasing is the newest addition to the Really Real Time Inquiry Suite for Oracle's JD Edwards EnterpriseOne and World software. The new Purchasing module is the first time that The GL Company has extended its solutions beyond financials into distribution.

"As a long-time provider of real-time inquiry for JD Edwards software, The GL Company is very aware of the needs of customers, and we listen carefully to their recommendations," said Nick Gomersall, Vice President of Sales and Marketing, The GL Company. "Customers who use JD Edwards distribution solutions have told us that they want the same rapid, flexible inquiry and reporting capabilities that we have been providing on the financial side. This introduction of Really Real Time Purchasing is our first answer to their requests, and we are targeting the release of new Sales and Inventory modules later in 2007," Gomersall said.

By enabling users to run time-consuming reports in just seconds and create real-time inquiries for rapid review and analysis without assistance from IT, The GL Company's Inquiry Suite is a true real-time inquiry, consolidation and reporting system for JD Edwards World and EnterpriseOne.

For The GL Company customers, the new Purchasing module offers the ability to track and analyze Purchasing Commitments and to reconcile Received Not Vouchered transactions.

"My interest was piqued in the GL Inquiry Purchasing module because we are currently expanding online purchase orders within JD Edwards," said Lisa Hamilton, Staff Manager of AP Processes, Dollar Thrifty Automotive Group, Inc. "We have a struggle because the standard reports available to us through JD Edwards don't provide everything we need. From my experience with GL Inquiry, I know the ease and time savings of being able to design reports myself versus having to ask a developer, and we're looking into Purchasing to provide those same benefits," Hamilton said.

This first release of the Really Real Time Purchasing module enables rapid drill-down to data in the JD Edwards Accounts Payable and General Ledger systems.

Phase II of The GL Company's Purchasing module, projected for release at the end of 2007, will include enhanced integration with both the General Ledger and Accounts Payable. -The GL company