Crestone Demonstrates Why 'Virtual' is the Business Model of the Future

Apr 19, 2001, 01:00 ET from Crestone International

    ATLANTA, April 19 /PRNewswire/ -- Driven by advances in Web-based
 technologies, a growing number of companies are converting to a virtual
 business model that, when implemented and managed properly, can enhance
 productivity, streamline internal processes and increase revenues, as
 evidenced by the success of Crestone International.
     "When we launched Crestone in 1995, we based our business model on
 operating as a virtual, net-centric company at a time when conducting business
 across the Web was unheard of," says Cal Yonker, CEO of Crestone, a leading
 provider of consulting services that link ERP and CRM applications through the
 Internet. "It was a risk that paid off. In just six years, we've experienced
 triple-digit growth in revenues and number of employees."
     Crestone began with four consultants and a single product focus.  Today,
 it is one of the world's largest virtual organizations with more than 250
 consultants in 40 states and Canada providing a full scope of services to
 clients in 30 states, Canada, Latin America, Europe and Asia.
     Operating virtually was key to Crestone's rapid growth, in part because it
 reduced the Company's overhead and administrative structure. That, in turn,
 furthers the consultant- and client-focus, which ultimately drives outcomes
 and helps attract and retain top talent.
     "Being a true virtual organization also means we can say to our clients,
 'Let us help you transform your business the way we have transformed ours',"
 says David Boim, executive vice president of sales and marketing for Crestone.
 "Living the process has given us insights and skills our competition doesn't
 possess."
     For example, when Crestone found itself struggling to meet its growing
 administrative workload due to rapid expansion, it assigned employees the task
 of increasing productivity by tailoring PeopleSoft's professional automation
 product. That move has saved the Company $19,000 a year from the Web-based
 time and expense reporting features alone, and allowed Crestone to efficiently
 track earnings and revenue by state -- critical for a company with a
 geographically dispersed workforce.
     A leading provider of PeopleSoft implementation services, Crestone also
 became the beta site for the PeopleSoft 8 upgrade, which is expected to save
 an additional $50,000 a year and also gives them skills that will further hone
 their competitive edge.
     "It's that kind of hands-on experience that lets us provide top design and
 implement services to our clients, which in turn drives our continued growth,"
 says Yonker.
     Crestone International (www.crestone.com), a virtual, net-centric company,
 is a leading provider of consulting services that link ERP and CRM
 applications through the Internet.  Using a flexible methodology that
 addresses the unique needs of each client, Crestone's highly experienced
 consultants assess, implement and manage client applications worldwide.  Based
 in Atlanta, Crestone has expertise in the staffing, professional services,
 financial services, higher education, public sector, utilities and healthcare
 arenas.  Crestone maintains strategic partnerships with PeopleSoft, Inc.,
 Siebel Systems, Inc., Quest Software, Tivoli Systems and SunGard eSourcing.
 
 

SOURCE Crestone International
    ATLANTA, April 19 /PRNewswire/ -- Driven by advances in Web-based
 technologies, a growing number of companies are converting to a virtual
 business model that, when implemented and managed properly, can enhance
 productivity, streamline internal processes and increase revenues, as
 evidenced by the success of Crestone International.
     "When we launched Crestone in 1995, we based our business model on
 operating as a virtual, net-centric company at a time when conducting business
 across the Web was unheard of," says Cal Yonker, CEO of Crestone, a leading
 provider of consulting services that link ERP and CRM applications through the
 Internet. "It was a risk that paid off. In just six years, we've experienced
 triple-digit growth in revenues and number of employees."
     Crestone began with four consultants and a single product focus.  Today,
 it is one of the world's largest virtual organizations with more than 250
 consultants in 40 states and Canada providing a full scope of services to
 clients in 30 states, Canada, Latin America, Europe and Asia.
     Operating virtually was key to Crestone's rapid growth, in part because it
 reduced the Company's overhead and administrative structure. That, in turn,
 furthers the consultant- and client-focus, which ultimately drives outcomes
 and helps attract and retain top talent.
     "Being a true virtual organization also means we can say to our clients,
 'Let us help you transform your business the way we have transformed ours',"
 says David Boim, executive vice president of sales and marketing for Crestone.
 "Living the process has given us insights and skills our competition doesn't
 possess."
     For example, when Crestone found itself struggling to meet its growing
 administrative workload due to rapid expansion, it assigned employees the task
 of increasing productivity by tailoring PeopleSoft's professional automation
 product. That move has saved the Company $19,000 a year from the Web-based
 time and expense reporting features alone, and allowed Crestone to efficiently
 track earnings and revenue by state -- critical for a company with a
 geographically dispersed workforce.
     A leading provider of PeopleSoft implementation services, Crestone also
 became the beta site for the PeopleSoft 8 upgrade, which is expected to save
 an additional $50,000 a year and also gives them skills that will further hone
 their competitive edge.
     "It's that kind of hands-on experience that lets us provide top design and
 implement services to our clients, which in turn drives our continued growth,"
 says Yonker.
     Crestone International (www.crestone.com), a virtual, net-centric company,
 is a leading provider of consulting services that link ERP and CRM
 applications through the Internet.  Using a flexible methodology that
 addresses the unique needs of each client, Crestone's highly experienced
 consultants assess, implement and manage client applications worldwide.  Based
 in Atlanta, Crestone has expertise in the staffing, professional services,
 financial services, higher education, public sector, utilities and healthcare
 arenas.  Crestone maintains strategic partnerships with PeopleSoft, Inc.,
 Siebel Systems, Inc., Quest Software, Tivoli Systems and SunGard eSourcing.
 
 SOURCE  Crestone International