Company Closes Record Number of New MAPADOC™ Deals in 2013
LIVINGSTON, NJ – December 11, 2013 – SWK Technologies, Inc., a subsidiary of SilverSun Technologies, Inc. (OTCBB/OTCQB: SSNT), a company engaged in delivering transformational business technology solutions and services, today announced that it will finish 2013 with a record number of sales of its MAPADOC™ EDI (electronic data interchange) solution. The Company sold 60 new licenses in 2012, and has already exceeded that number in 2013.
In the past three weeks alone, the Company has sold 5 new licenses with an aggregate value in excess of $170,000. The customers are all from different industries, ranging from furniture to vitamins.
MAPADOC is a fully integrated, easy to use electronic data interchange (EDI) software solution that dramatically cuts data entry time and costs by eliminating duplicate entries, improves communication with trading partners, integrates seamlessly with Sage 100 ERP, Sage 500 ERP, and Sage ERP X3, and reduces mapping time by over 75% by allowing end-users to quickly and easily create their own maps for integrated documents
Jeffrey D. Roth, CEO of SWK Technologies, stated, “Our MAPADOC business continues to rapidly grow. We now have over 400 customers nationwide using MAPADOC to build their trading partner relationships and manage and fulfill orders. Our sales pipeline is deep, and we anticipate another record year for MAPADOC in 2014.”
Gary Berman, Executive Vice President of SWK Technologies, said, “Our sales organization is doing a great job in communicating the benefits of our technology to our channel partners and end users throughout the country. Companies who use EDI solutions like MAPADOC have a significant competitive advantage, and also enhance their profitability. Consequently, we look forward to continuing the very rapid sales pace of our proprietary software.”
About SWK Technologies
SWK Technologies, Inc. (www.swktech.com) is an IT consulting company providing strategies and solutions to meet its clients’ information and business management needs. As an Acumatica Partner, NetSuite Solutions Provider, Sage Authorized Business Partner, Sage Gold Development Partner and Sage Authorized Training Center, SWK offers best-of-breed solutions for accounting and business management, financial reporting, business intelligence, CRM, job costing systems and warehouse management. Specializing in collaborative commerce – the communication and cooperation between suppliers and customers – SWK developed MAPADOC™ integrated EDI, a solution that works seamlessly with the business management solutions it sells and supports. SWK also provides managed network services and has offices in Livingston, NJ; New York City Metro Area; Syracuse, NY; Buffalo, NY; Chicago, IL; Minneapolis, MN; Los Angeles, CA; and Dallas, TX.
About SilverSun Technologies, Inc.
Headquartered in Livingston, New Jersey, SilverSun Technologies is involved in the acquisition and build-out of technology and software companies engaged in providing best of breed management applications and professional consulting services to small and medium size businesses (SMBs) in the manufacturing, distribution and service industries. Serving as SilverSun’s principal operating subsidiary, SWK Technologies, Inc. employs national direct and channel sales teams, and a consulting team, all of which serve a growing customer base spanning the United States and Canada. For more information, please visit www.silversuntech.com, www.swktech.com or www.mapadoc.com.