Softline part of The Sage Group plc and leading provider of business management software to SME’s, has acquired business intelligence technology company Alchemex.

What is Alchemex?
Alchemex provides affordable and flexible excel-based business intelligence software for SME’s. It bridges the gap between Excel spreadsheets and the data that lives in the business application, by providing flexible, customer centric reporting. Businesses require timeous and quality information delivered in an easily understood and usable format. Alchemex fulfils this need. It can be deployed on either the desktop or the internet allowing real-time access to data from anywhere in the world.

Software Synergy for SME’s
The synergies between the businesses of Softline and Alchemex are readily apparent; the Alchemex business intelligence solution is a natural extension of Softline’s business applications; it serves the same market as Softline, being predominantly SMEs; and it affords existing and future users of Softline applications a greater breadth of service offering, under a single banner.

Better, Together: Quality, affordable SME business software
In a competitive market value-added offerings such as business intelligence are necessary to grow market share. Companies have a real need for an affordable tool such as Alchemex in order achieve a higher level of clarity in their business, to make better decisions and to become more profitable.