SARASOTA, Fla., Oct. 20, 2010 (GLOBE NEWSWIRE) -- Resource Exchange of America Corporation (OTCBB:RXAC), a Florida-based recycling company, is pleased to announce ScrapWareSV Software of ScrapWare Corporation as their new ERP system platform.
The state of the art system allows for the efficient, secure processing of all incoming materials to scrap yards. Employing an on-site ATM style device, ERP automates core processes such as inventory, payment and data analysis - reducing costs and increasing operational efficiency in the process. Having an on-site ATM eliminates the need of having cash reserves at hand at the scrap yards, heightening security for the employees.
"We expect to see a range of short and long-term benefits from the new system," says Patrick Hrabos, Controller of REAC. "The decision forms part of our commitment to improved coordination across functional departments and efficiency in the way we do business."
A key selling point of the ERP system is its simple integration with existing systems and processes, scalability and an online training program which creates a shallow learning curve. Other benefits include the ability to collate all yard data on a worldwide scale, improved security and simplified compliance with global anti-theft laws.
"We believe ERP is the way forward," adds Dana Pekas, CEO of REAC. "Ultimately the system will benefit our clients whilst adding genuine bottom-line value to RXAC's core business. It's a win-win situation."
About Resource Exchange of America Corporation
Resource Exchange of America Corporation is working to become a recycling powerhouse by rolling up companies within asset recovery, processing and brokering of ferrous and nonferrous scrap metal. With its access to deep-water ports, the company will be able to sell the scrap metal to clients domestically as well as abroad. Resource Exchange of America Corporation will bring together the best companies within the recycling industry and elevate them to excellence, drawing on the strengths of the individual companies while combining forces to achieve synergies and be able to tackle the biggest jobs.
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