Company Research Report: Third Wave Business Systems

Company Overview

Third Wave Business Systems is dedicated to helping small and midsized businesses grow by providing tailored ERP solutions, including SAP Business One and extensions.

• Name: Third Wave Business Systems

• Mission: Crafting a tailored path to success through superior ERP solutions.

• Founded: Over 20 years ago

• Founder: No information is available

• Key People:

• Chris Milan, CEO

• Michael Foster, CPO

• Michael Neuendorff, VP of Solutions & Services

• Abel Fernandes, Director of Development

• Rob Galberaith, Director of Sales

• Caroline Scogna, CMO

• Headquarters: Wayne, New Jersey, USA

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Specializing in implementing SAP Business One solutions and providing tailored SAP Business One extensions and consulting services.

Products

SAP Business One

A comprehensive ERP solution designed for small to midsize businesses across various industries.

Key Features:

• Inventory Management

• Financial Management

• Sales and Customer Management

• Purchasing and Procurement

• Reporting and Analytics

SAP Business One Extensions

Versago

A web application that connects different business aspects with SAP Business One data, streamline digital communications, and build specific web solutions.

• Key Features:

• Template library for portals

• Automated workflow and data capture

• Integration with SAP interfaces

Bizweaver

An integration and process automation tool that connects SAP Business One to various platforms and partners.

• Key Features:

• JSON building and formatting

• Data processing via SQL, File I/O, Encryption

• Human intervention via Versago Web UI

Credit Card Processing (CCP)

Enables SAP Business One users to process credit card transactions within the ERP environment.

• Key Features:

• PCI Compliance via tokenization

• Level II and III transaction data

• Multiple gateway account support

ShipEasy

Allows businesses to manage UPS, FedEx, and USPS shipping processes within SAP Business One.

• Key Features:

• Rate quotes and shipping tasks

• Automatic assignment of tracking numbers

• Integration with SAP invoicing

Advanced Productivity Pack (APP)

Enhances SAP Business One’s environment by personalizing fields and screens, generating charts and dashboards, and automating document delivery.

• Key Features:

• Custom screen fields

• Robust dashboard reports and charts

• Automated document delivery

Electronic Funds Transfer (EFT)

Streamlines payment processes by transferring funds electronically between bank accounts.

• Key Features:

• NACHA and CPA format support

• Automated email remittances

• Future-dated payments

Recent Developments

Innovations and New Products

• Versago 3.0:

• Reduced solution configuration time

• Modernized admin and end-user experiences

• Extended integration options and drag-and-drop features

• Third Wave Cloud for SAP Business One:

• Powered by Amazon AWS

• Enhances scalability, security, and real-time operations

New Features

• SAP Business One Extensions Development:

• Continuous improvement in the integration and automation capabilities of Bizweaver and Versago.

• Enhanced security protocols in Credit Card Processing addon to ensure PCI compliance.

Partnerships and Collaborations

• Expanded partnerships with global distributors and resellers to expand the reach of SAP Business One and Third Wave’s extensions.

• Collaboration with leading shipping carriers for the ShipEasy module.

Conclusion

Third Wave Business Systems stands out for its specialized ERP solutions catered to SMEs. Their extensive product portfolio, from SAP Business One to advanced modules like Bizweaver and Versago, showcases their commitment to meeting diverse business needs while ensuring operational efficiency and growth. Their recent developments and continuous innovation highlight their dedication to providing cutting-edge solutions and enhancing customer satisfaction.