PowerCerv Wins Contract from Textron Financial
Textron Financial Corporation (Providence, RI) has selected PowerCerv (Tampa, FL) to provide its sales force automation software. TFC, a subsidiary of global multi-industry company Textron, is a diversified commercial finance company offering revolving credit arrangements, secured loan and lease transactions, and third-party portfolio servicing. The deal, first negotiated in 1997, is worth approximately $500,000 in software, maintenance and services. "This is a huge vote of confidence in our products and our people," said PowerCerv CEO Mark Fratello. "It reflects the faith and confidence of TFC in our ability to meet their business requirements."