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May 24, 2010
coAction.com Launches New On-Demand Business Collaboration Solution
Delivers Simple, Unified Workspace, and Advanced Collaboration Tools on a Single Web Platform
ISELIN, N.J. (May 24, 2010) — coAction.com, a leading provider of advanced business collaboration software, today announced the launch of its new integrated on-demand collaboration solution, coAction. Designed to support multiple horizontal business processes – such as finance, sales, and customer service – through connected “coApps”, coAction can be used by businesses seeking to accelerate their “lead to cash” cycle functions.
“Traditional collaboration solutions do not provide a rich end-user experience and are costly to deploy and maintain,” said Jagdish Talreja, president, coAction.com. “As more companies seek to fully leverage the Web for business collaboration, coAction’s instantly accessible SaaS-based collaboration solution provides immediate value by improving business processes and reducing costs.”
coAction leverages the software-as-a-service delivery model and features multi-tenant architecture, a finely grained security schema, extensible data model and reliable services and integration framework.
Select One or More coApps
Ready to use without any installation requirements, coAction “coApps” provide the rich user-interface experience of the desktop. Unlike other collaboration tools that are disconnected and require users to access separate applications for email, tasks, shared folders and calendars, coAction presents business users with connected ready-to-use tools on a single Web-based platform.
coAction “coApps” can be implemented by companies, workgroups or departments as specific business needs dictate. The full suite of coAction solutions include:
- Task management
- Document management
- Email management
- Project management
- Calendar
- Discussions
- Opportunity management
- Service & support
- Self-Service support
- Invoices & statements
- Claims management
- Collections collaboration
- Claims collaboration
coAction customers can also design their own “coApps” to address their unique business requirements.
Talreja commented, “The beauty of coAction is that dispersed workers can collaborate over the Web to track disparate information – such as emails, correspondence, transactions and project milestones - in one solution. Our approach diminishes errors and saves the time wasted when knowledge workers have to spend cycles searching for related information in separate applications.”
Solid History of Software Success
Managed by seasoned entrepreneurs with solid track records of successful ventures, coAction.com has a strong history of assisting companies improve individual and cooperative work. Originally founded as Capgent in 2007, the company rapidly attracted more than 5,000 users for its SaaS-based financial collaboration applications in over 50 organizations.
The coAction management team includes Jagdish Talreja, president of coAction and the founder of the company’s predecessor, Capgent Technologies; and Vivek Menon, managing director of the company’s technical team in Mumbai, India.
“Already a proven provider of collaboration software with an aggressive growth strategy, coAction.com is well positioned to be the dominant player in the on-demand business collaboration market,” said Talreja. “As more business look to improve operations, gain insight into their businesses and embrace online collaboration, coAction provides the right combination of features and functionality to deliver a competitive advantage.”
About coAction.com
coAction.com is a leading provider of business collaboration software that automates and optimizes business processes. coAction’s powerful and interactive collaborative environment features a rich and easy desktop-like interface and a wide selection of coApps that can be customized to user specifications. coAction’s advanced collaboration solution provides strong role-based security and an automation engine to control the progression of items from open to close to meet today’s businesses’ collaborative needs. Users gain real time visibility into projects, milestones and tasks and the ability to collaborate with co-workers or customers, regardless of their global location. coAction’s collaborative platform is delivered through the on-demand Software-as-a-Service (SaaS) delivery model, alleviating the need for additional IT investment or resources. For more information, please call +1.732.636.0485 or visit www.coaction.com.