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Company Spotlight: DEALTEK Published in Greater Syracuse Chamber of Commerce Newsletter, Aug. 2002
After three years of research and development, DEALTEK is proud to announce the launch of DEALS™ (Development, Expansion and Location Solutions™), a web-based proprietary project management and decision modeling software. This multi-purpose software tool was developed for use by companies, economic development authorities, realtors, consultants, and other service providers engaged in capital investment projects. Users will find the software a valuable research, planning, forecasting, and organizational tool for virtually all cap-x transactions involving business operations and facilities. By combining project data, specifications and variables from many different sources, DEALS allows even complex projects to be assessed, modeled, and decided in days, not months or years. The software was designed especially for a location search, business expansion or consolidation, relocation or other strategic business move, and competitive benchmarking among companies or locations. According to Rhett Weiss, Chairman and CEO of DEALTEK®, the developer of DEALS software, “DEALS increases efficiency by saving time, money, and missteps in major projects. The bottom line is that DEALS improves the speed, quality, and comprehensiveness of strategic project planning, negotiations, and decision-making.” In an uncertain economy, “it is especially important to minimize the often disruptive, excessive, and unnecessary allocation of resources to a project in its early stages,” said Weiss. DEALS is packed with functionality. DEALS enables users to collect, pre-screen, compare and manage detailed demographic and economic data from thousands of locations in every county of the U.S. DEALS is pre-loaded with regularly updated demographic and economic data, plus has almost 2,000 links to other data sources. Through sophisticated, but user-friendly technology, DEALS combines this detailed location data with user-entered project specifications and company projections. Then, DEALS searches, scores, ranks, and computes the costs in all of the location and transaction choices, based on user-defined and user-weighted decision criteria. The user can augment this comparative analysis with “what ifs” of the data and alternative sets of business projections, to establish the optimal operating environment for the project. Each project analysis allows users to forecast and compare estimated start-up costs, costs of doing business, and the real, monetary impact of incentives and enterprise zones on project costs. In addition, the software drastically reduces the time required for negotiations, by identifying and focusing the user on the highest impact deal points. It also effortlessly manages multiple project assignments and even multiple scenarios within a single project. As an online software package, DEALS efficiently communicates project data and decision choices across geographic barriers in 24/7 real-time. The result is that DEALS facilitates excellent collaboration within a project team or among different parties to a project. DEALS web-based
software is hosted by DEALTEK’s highly secure servers with monitoring
and intrusion detection. All communications and transmissions between
DEALTEK’s servers and the user’s computer are protected
by state-of-the-art encryption technology. The “ASP” (application
service provider) approach with DEALS allows continuous on-line access
to updated data with no need to download the software, data files, or
additional software updates. DEALS does all the work. [View
the Printable Version
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