RE: Question on MAPICS services

[<kdfox@xxxxxxxxxxxxx>]

Almost all of MAPICS Services are ALF.  They make a concerted effort to
confuse the issue so that competors can't "reverse engineer" their new
accounts.  While MAPICS does have a Professional Services group, it is
realitivily small even if you include the Pivotpoint (neh..), Syteline, and
Thruput, et. al.

 

Here is their quote from their 10K report for 3rd Qtr 2003.

 

 

"our annual renewable term license agreements[ALF], when we first license a
product, we receive both an initial license fee and an annual license fee.
Our customers may renew the license for an additional one-year period upon
payment of the annual license fee. We recognize the initial license fees
under these annual renewable term licenses ratably as license revenue over
the initial license period, which is generally twelve months. In addition,
payment of the annual license fee entitles the customer to available
software support for another year. If the annual license fee is not paid,
the customer is no longer entitled to use the software and we may terminate
the agreement. We record this annual license fee as services revenue ratably
over the term of the agreement.

 

Hope this helps

 

Kevin Fox