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FOR IMMEDIATE RELEASE


POSGlobal.com and Transactional Web, Inc. Bring Restaurant Management Reporting
and Automation Over the Web for a Sandwich a Day

Dallas, Texas (PRWEB) November 17, 2004 — POSGlobal.com is pleased to announce a partner relationship with Transactional Web, Inc. (TWI). Effective immediately, Transactional Web’s iEnterprise solution is the engine that POSGlobal.com relies upon to provide the solution to a problem that nearly every small and midsize restaurant owner has: managing and growing the business without getting bogged down with the cost of redundant, expensive, and mistake-prone manual data entry.

iEnterprise automatically acquires data from the point-of-sale at every location and then creates and records balanced journal entries in the client’s accounting system (including PC-based QuickBooks). POSGlobal.com clients will have fully automated daily accounting and can also view daily sales, labor, and product analysis reports across locations by logging into their secure iEnterprise website from anywhere, anytime.

The iEnterprise solution is provided as a subscription service – a model frequently referred to as “software-as-a-service” – that gives businesses access to leading applications without large upfront expenses or the burden of ongoing hardware and software maintenance. Software-as-a-service providers are able to offer solutions at a fraction of the cost of traditional systems primarily because they work from a single centralized version of the application delivered over the Internet. All enhancements, maintenance and upgrades happen for everyone at the same time. And, subscription pricing typically makes these applications cost-effective to a broader base of businesses than traditional software licensing.

“Expanding the transactional capability for small to midsize businesses is what the market is looking for.” said Vincent Wen, President of POSGlobal.com. “The Transactional Web’s iEnterprise solution is an obvious choice for our customer in restaurant industry as it is proven to be the most cost effective way to deliver transactional services.”

Mike Moreland, TWI’s CEO and a Texas CPA, “Through its online presence, POSGlobal.com provides a vast inventory of technology products to restaurateurs across the world. Our partnership with POSGlobal.com extends our reach to a broad group of technology savvy buyers that instantly grasps the benefits of web-based technology and automation.”

About POSGlobal.com
POSGlobal.com is a leading source for point-of-sale (POS) and automatic identification and data capture (AIDC) software and hardware.

About Transactional Web, Inc.
Transactional Web, Inc's services eliminate labor intensive reporting and accounting functions for hospitality businesses through unique subscription-based web technology.  Transactional Web's cost-effective subscription pricing gets businesses up and running fast without the expense of new hardware, software, or administrative overhead.  Transactional Web's systems are designed to easily integrate with leading POS solutions.


CONTACT INFORMATION:
Vincent Wen
POSGlobal.com
972-769-7300
http://www.POSGlobal.com


Mike Moreland
Transactional Web, Inc.
972-395-1565
http://www.transactionalweb.com




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