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IBM, Kingdee launch mainland initiative

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The partnership, backed by data communications provider CPCNet Hong Kong, is offering a software and services package for businesses

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IBM and Kingdee International have unveiled a software and services package, backed by data communications provider CPCNet Hong Kong, to help local and foreign firms comply with cross-border business and financial processes as they expand in the mainland.

The joint solution is the most ambitious initiative launched by IBM and Kingdee, nine months after the two companies forged a strategic global alliance.

It is also expected to pave the way for Hong Kong-listed Kingdee to establish a platform on which it can offer on-demand software.

Targeted at small and medium-sized enterprises, the software-and-services bundle includes CPCNet's network connection, server platform from IBM, and a suite of Kingdee's financial management software compliant with the regulatory and statutory reporting standards in the mainland and Hong Kong.

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Prices for the software and services combination start at $68,888, which includes three user licences, installation and implementation, user training and a year's maintenance and technical support.

CPCNet, a subsidiary of Citic Pacific, will offer its TrueConnect Express networking service at a special price of $2,500 a month per site. This includes 256-kilobits per second connection bandwidth, a network router, and installation and support services.

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