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PRESS RELEASE



FOR IMMEDIATE RELEASE
Ricoh Web Site: www.ricoh-usa.com


CONTACT: Russell Marchetta Jennifer Kuhl
Ricoh Americas Corporation Peppercom
(973) 882-2075 (212) 931-6111
russell.marchetta@ricoh-usa.com jkuhl@peppercom.com



RICOH INTRODUCES “SMART ACCOUNTING” SOLUTION

Cost Accounting Solution Designed for SMBs

BOSTON, April 17, 2007 – Ricoh Americas Corporation, the leading provider of digital office equipment, today launched Smart Accounting, a cost accounting solution designed for small-to-medium (SMB) sized businesses. Able to track usage of any Ricoh Multifunction Product (MFP) or user codes configured printer, the Smart Accounting solution can be easily integrated into any Ricoh-equipped small office environment.

Today, a majority of third party accounting products that are tailored for corporate environments are often overly complex as well as costly. Unlike other cost accounting solutions on the market, Smart Accounting can capture all MFP activities including copy, print, fax and scan in a shared PC environment and provide a low cost reporting tool. Additionally, Smart Accounting is a PC based application requiring no central server in order to function. As a result of this low-cost accounting solution, margins remain high and businesses can more effectively offer solutions within their clients’ budgets.

Smart Accounting leverages the built-in user code features of Ricoh MFPs and select printers to allow businesses with 50 devices or less to accurately record usage and create detailed reports for tracking or user bill-back. These accounting reports are beneficial for SMB environments such as real estate or insurance offices where brokers are required to thoroughly record their document output, which is often outsourced to print services providers. Smart Accounting enables these organizations to keep printing tasks in-house, recoup costs and free up brokers’ time to focus on core business operations. The solution also includes departmental recording capabilities ideal for education institutions that allow them to track group as well as individual usage and costs.

“Smart Accounting provides small-to-medium sized businesses what they have needed, a low-cost, robust document output management solution,” said Hede Nonaka, senior vice president, Document Solutions & Services (DSS) Division, Ricoh Americas Corporation. “Beyond providing quality tracking and reporting features, Smart Accounting will enable clients to reduce administrative expenses, increase productivity and gain a competitive advantage in their respective marketplace.”

Smart Accounting is available now with a suggested retail price starting at $999.00. For more information about this cost accounting solution, please visit www.ricoh-usa.com.
About Ricoh’s Document Solutions & Services Division

The Document Solutions & Services (DSS) Division of Ricoh Americas Corporation is leading the industry with a portfolio of solutions that transform paper documents into information that easily integrates into existing business workflows to measurably improve document workflow efficiencies. DSS is committed to creating new “document-centric” customer value that will revolutionize how individuals and businesses use digital and paper-based information.

DSS offers a complete package of products, services and support programs to our all our channels, comprising of direct and indirect operations under the Ricoh, Savin and Lanier brands.

Ricoh Americas Corporation, founded in 1962, is headquartered in West Caldwell, N.J., and is a subsidiary of Ricoh Company Ltd., the 71-year old leading supplier of office automation equipment.

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All referenced product names are the trademarks of their respective companies.
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