Golden Abacus Full-process E-commerce Platform - YueXin Network (Online Financial Management)

by iecgd on 2008-12-10 15:59:30

Golden Abacus Full-process E-commerce Platform - YueXin Network (Online Management) Introduction

1. Composition of the Golden Abacus Full-process E-commerce Platform

The Golden Abacus Full-process E-commerce Platform is a leading e-commerce solution for SMEs. It mainly consists of three parts: the Golden Abacus E-commerce Website (Golden Abacus YueXin Network www.iecgd.com), the Golden Abacus E-commerce Tools (Golden Abacus eTools), and the Golden Abacus E-commerce Supply Chain Management Software System (Golden Abacus 9i).

The characteristic of the Golden Abacus Full-process E-commerce Platform is its innovative integration of e-commerce and supply chain management, forming a unique new type of e-commerce model. This is mainly reflected in three aspects: First, it extends supply chain management from within the enterprise to external upstream suppliers and downstream customers, providing online applications such as eERP, eCRM, eSRM, and eOA (some functions support offline applications), forming a full-process supply chain management system. Second, it extends e-commerce from primarily publishing information and searching for business opportunities to electronic procurement, integrity certification, online payment, and collaborative work, forming a complete full-process e-commerce trading system. Third, it successfully integrates the Software as a Service (SaaS) model into the application fields of management software and e-commerce.

The Golden Abacus Full-process E-commerce Platform is a powerful tool for SMEs in the Internet era to share global resources, enhance brand awareness, strengthen corporate competitiveness, provide excellent services, win loyal customers, and achieve maximum value for enterprises and shareholders.

(a) Golden Abacus 9i

The Golden Abacus E-commerce Supply Chain Management Software System (Golden Abacus 9i) is the backend application system of the Golden Abacus Full-process E-commerce Platform. Through a series of software products such as 9i/eERP, 9i/eCRM, 9i/eSRM, and 9i/eOA, it constructs a broad and complete e-commerce supply chain management (eSCM) system kingdom.

i. 9i/eERP: Mainly manages the internal supply chain of the enterprise, including modules for planning, budgeting, purchasing, sales, inventory, finance, funds, assets, reports, etc.

ii. 9i/eCRM: Mainly manages downstream customers, including marketing, sales automation, and customer service.

iii. 9i/eSRM: Mainly manages upstream suppliers, including distribution, supplier relationships, partnerships, etc.

iv. 9i/eOA: Mainly manages electronic office work, collaborating with Golden Abacus BIM to create an efficient supply chain collaboration and online communication platform.

v. The difference between Golden Abacus 9i and traditional ERP:

Indicator Traditional ERP Golden Abacus 9i

Time of appearance 1990 After 2000

IS architecture client/server web computing

Application scope Enterprise Supply chain

Demand focus Speed Collaboration

Market characteristics Niche market One-to-one marketing

Production mode Mass production Large-scale customization

vi. The meaning of naming 9i: "9" is a number widely recognized by Chinese people as "extreme," implying "many" and "long-lasting," also known as a "lucky number." "i" is the abbreviation of English internet (Internet) and information (information). "9i" indicates maximizing the acquisition and utilization of Internet information, helping enterprises achieve "full supply chain management" and shaping lasting competitive advantages.

The launch of Golden Abacus 9i provides a new application model for China's management software and e-commerce.

(b) Golden Abacus YiXi Network

The Golden Abacus YiXi Network (http://www.72ec.com) is a technologically advanced, functionally comprehensive new type of e-commerce website. Its uniqueness lies in the fact that the Golden Abacus e-commerce website has a solid backend supply chain management system (Golden Abacus 9i) as a foundation, with e-commerce tools (Golden Abacus eTools) as auxiliary, enabling customers to quickly convert various information from the network (suppliers, distributors, customers, strategic partners, goods, etc.) into visual resources, thereby effectively utilizing them and creating value. This feature makes traditional e-commerce websites unable to match it.

"Yi" means stability, representing countless numbers, implying "extremely many." "Xi" means auspiciousness and happiness. "YiXi" represents standing firm in a stable, auspicious, and happy position amidst ever-changing markets. YiXi is also a homophone of EC (Electronic Commerce). "72" represents all industries, as there is a saying in China, "seventy-two trades, each producing top talents."

The Golden Abacus YiXi Network includes powerful functions such as information release, transaction matching, business forums, personal blogs, industry news, online professional markets, etc., and is highly integrated with Golden Abacus 9i and Golden Abacus eTools, mutually fused, complementing each other, ensuring harmonious consistency of business logic and business data.

(c) Golden Abacus eTools

Golden Abacus E-commerce Tools (eTools) are application tools embedded in the Golden Abacus YiXi Network, containing modules for information release, business opportunity matching, instant messaging, online payment, integrity certification, professional market management (market management, leasing management, ticket management, fee management, etc.).

The main function of Golden Abacus eTools is to help users conduct various business activities efficiently on the Internet.

i. Golden Abacus Business Instant Messaging (BIM): Unlike QQ and MSN, which are positioned for personal communication, it mainly targets commercial use and enterprise users, while adding powerful business collaboration functions, especially its effective management of communication, collaboration processes, and results, and the reuse of information, establishing an unshakable position.

ii. Golden Abacus Online Payment: Through close cooperation with commercial banks such as Minsheng,.cmb, and ICBC, it can smoothly complete all B2B transaction online payments, fast and secure.

iii. Golden Abacus Integrity Certification: By forming alliances with strategic partners, it builds a three-dimensional, dynamic, and continuous integrity certification system, helping customers find suitable partners.

iv. Golden Abacus Professional Market Management: Professional markets are a major form of commercial trade in domestic circulation. Managing the daily operations of professional markets and the merchants entering these markets helps create value for customers.

With the support of Golden Abacus's over ten years of software development experience and hundreds of thousands of users, as time goes on, the Golden Abacus eTools family will add more members, helping SME customers achieve their ideals on the Internet.

2. Provided to customers through the Software as a Service (SaaS) model

Golden Abacus Company provides full supply chain management software and full e-commerce services to customers through the innovative Software as a Service (SaaS) model.

i. What is the Software as a Service (SaaS) model

"Software as a Service" (SaaS) is an entirely innovative software application model that began to emerge in the 21st century with the development of Internet technology and the maturity of application software. Vendors deploy application software uniformly on their own servers, and customers can order the required application software services based on their actual needs via the Internet, paying fees according to the amount and duration of the ordered services, and obtaining services provided by vendors via the Internet. While providing Internet applications to customers, software vendors also offer offline operation and local data storage, allowing users to use their ordered software and services anytime, anywhere.

ii. SaaS Model Development Trend

The SaaS model is becoming an exciting development trend in the application software market. According to IDC research reports, in 2004, software released through the SaaS model achieved $4.2 billion in sales. In the next five years, this figure will continue to grow at an annual compound growth rate of 26%, reaching a total market size of $7.2 billion by 2008.

In developed regions like Europe and America, users have already given high recognition to the SaaS model, achieving good development. A survey report published by AMR Research in November 2005 targeting American users showed that more than 78% of companies across various vertical industries and different sizes currently use or consider using SaaS services. Only 18% of companies have no plans to use SaaS services temporarily.

Although Software as a Service (SaaS) is still a newly emerging phenomenon in China, due to the country's very favorable growth environment, it is currently receiving significant attention from the industry. Statistics show that there are approximately 12 million SMEs in our country, making up a very large group of potential consumers for Software as a Service (SaaS). Our SMEs face challenges such as limited IT budgets, lack of professional technical support personnel, and long decision-making times, resulting in low levels of IT popularization. On the other hand, the flexible and rapid development characteristics of SMEs urgently require professional IT systems and services to help improve work efficiency, enhance management quality, reduce operating costs, and strengthen core competitiveness. Software as a Service (SaaS) is the best way to resolve these contradictions, allowing users to order corresponding application software services based on their application needs from service providers, and adjust the content of the used services according to changes in the company's development, offering strong scalability and extensibility. At the same time, the professional maintenance and technical support required for these application services are handled by the service provider's professionals.

As customers gain huge benefits through Software as a Service (SaaS), for software vendors, it turns into a huge potential market. Users who previously couldn't afford software licensing fees or didn't have the ability to configure professional personnel now become potential customers. Meanwhile, the Software as a Service model can help vendors enhance differentiated competitive advantages, reduce development costs and maintenance costs, accelerate product or service entry into the market, effectively lower marketing costs, change their revenue model, and improve the relationship with customers.

Whether for customers or vendors, Software as a Service (SaaS) has strong appeal and will bring a win-win situation for both parties.

iii. Differences Between the SaaS Model and Traditional Software Licensing Model

SaaS Model Traditional Software Licensing Model

Pay regular fees for subscribed services Bear the investment risk of purchasing software once

Only need to use the simplest PC equipment Build your own complex IT system

Professional maintenance and services provided by the vendor Need to cultivate your own professional IT maintenance team

Use anytime and anywhere with access to the Internet Must use fixed equipment

Update software versions via the Internet anytime Longer version update cycle

iv. Customer Value Brought by the SaaS Model

The benefits of obtaining application services from professional service providers through the SaaS method are obvious. Customers only need to use very simple PCs as terminal devices, eliminating the need to purchase, build, and maintain infrastructure and application programs like in the traditional software usage license model. At the same time, when using software, customers can purchase the required software services according to their application scope and usage time, providing more choices and higher flexibility for customers.

Since all application software is deployed and maintained by the service provider, users do not need to configure professional technical personnel themselves, and ordering services on demand can eliminate temporarily unnecessary services, greatly reducing the user's total cost of ownership and increasing the user's freedom of choice; meanwhile, the service provider will continuously update and improve the deployed application software, so compared to the traditional software provision method, the software services used by users will have faster product update cycles; all services provided through the SaaS method are used via the Internet, therefore, as long as there is Internet access, users can use their services without needing to be on a local network like traditional software. These features allow users to focus more on enhancing their core competitive capabilities.

3. Characteristics and Advantages of the Golden Abacus Full-process E-commerce Platform

The Golden Abacus Full-process E-commerce Platform is the first completely innovative SME e-commerce solution domestically, being the most powerful tool to help SMEs meet the business challenges of the 21st century, with very distinct characteristics and advantages.

First, the Golden Abacus Full-process E-commerce Platform takes the full supply chain management software as its core, helping SMEs link internal operations with upstream suppliers and downstream distributors/customers into a complete supply chain, expanding management from enhancing internal enterprise efficiency to enhancing the efficiency of the entire supply chain.

Secondly, it is also a perfect combination of e-commerce and enterprise management, not only realizing the functions of information release, search, and matching possessed by the first-generation e-commerce websites but also successfully linking external information in the e-commerce process with the enterprise's internal core business, making e-commerce an important channel and link in enterprise management and commercial activities.

Thirdly, it provides all services to customers in the most popular software service (SaaS) model among SMEs, also being China's first e-commerce service provided to SMEs in the SaaS model.

Fourthly, it fully utilizes the characteristics of the Internet, adopting the latest smart client (SC/S) technology, which can realize a complementary deployment method between the Internet and the local LAN, breaking through the restriction of traditional management software used on fixed LANs, and thoroughly changing the defects of poor customer experience and insufficient expressiveness in traditional Web application methods.

4. The Golden Abacus Full-process E-commerce Platform Can Bring Great Value to Customers

The Golden Abacus Full-process E-commerce Platform is a one-stop working platform for users to manage internal enterprise operations and participate in various commercial activities. Users can complete various business activities such as internal enterprise management, sales, and procurement on this platform, strengthen business collaboration capabilities with external partners, improve overall operational efficiency, and reduce the capital occupation rate.

Users can obtain more customer information from the Golden Abacus E-commerce Website (YiXi Network) through the information search function of the Golden Abacus Full-process E-commerce Platform and directly hand over this customer information to the Golden Abacus 9i software for management. They can also complete the entire transaction process of product sales through the e-commerce website and e-commerce tools (eTools), thus improving the efficiency of the sales process and increasing sales volume.

Users can similarly obtain more distributor information through the Golden Abacus Full-process E-commerce Platform, manage these distributors, and conduct business collaboration, expanding and smoothing out sales channels.

Through search, subscription, and other methods, users can also obtain more supply information from YiXi Network and use Golden Abacus 9i to manage supply information, completing business collaboration with suppliers using e-commerce tools (eTools), optimizing the supply chain structure, and reducing procurement costs.

The Golden Abacus Full-process E-commerce Platform also provides users with a complete enterprise display and product promotion marketing platform. Users can timely release enterprise information and product information on this platform, organize market activities, join virtual organizations such as communities, forums, and associations provided on the platform, and also participate in various market activities organized by Golden Abacus for users, thereby achieving low-cost brand promotion and product marketing.

Users can use all services provided by the Golden Abacus Full-process E-commerce Platform via the Internet based on the SaaS model, achieving on-demand use and on-demand payment, greatly reducing the investment risk of IT systems for users. At the same time, all services will receive professional maintenance provided by Golden Abacus, and users do not need to invest more resources in IT system maintenance, focusing more on enhancing their core business capabilities.

Users can use various services provided by the Golden Abacus Full-process E-commerce Platform via the Internet, breaking free from the restrictions of fixed equipment on the scope of use and completely overcoming geographical regional restrictions, allowing users to easily achieve remote use and cross-regional management.

5. The Golden Abacus Full-process E-commerce Platform Will Have Far-reaching Impact on the Entire Industry

The Golden Abacus Full-process E-commerce Platform provides a new model for SMEs to manage and engage in commercial activities, closely aligning with the current informatization status and requirements of SMEs, being the nuclear weapon for SMEs to participate in market competition and global trade.

The Golden Abacus Full-process E-commerce Platform was the first to propose that SME management should extend from inside the enterprise to external partners, helping users build a full supply chain management that tightly links upstream suppliers, downstream distributors, and customers, completely breaking through the definition boundaries of traditional management software, pointing out a clear direction for the extension of the next generation of management software.

The Golden Abacus Full-process E-commerce Platform creatively extends e-commerce from simple information release, information matching, and transaction matching to combining and interacting external information and the transaction process with the enterprise's internal core business, completely changing the business scope of the first-generation e-commerce. It also significantly increases user participation in the e-commerce process, injecting real business content into the Web 2.0 concept, making Web 2.0 no longer an empty concept but a commercial activity platform where users can fully participate and benefit.

Golden Abacus revolutionarily promotes the software service model among SME users, thoroughly solving obstacles and difficulties in the informatization process of SMEs, becoming the leader of the SaaS model in China. The SaaS model will surely become the standard model for SMEs to apply IT services and also the disruptor of the traditional software licensing model.