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CYMA REFOCUSING ON HR/PAYROLL

Cyma logoCyma Systems, which has been in the accounting software business for more than 30 years, has reached an agreement under which Cyma is reselling the BizNet Excel Business Information Suite. The press release announcing the deal noted that it was "is a significant step in CYMA's drive to change its corporate focus and redefine the company's brand."
This happened in early August, but I'm fairly sure the press release didn’t get posted until this month. In the release, Steve Brueckner, director of business development, said his company has decided to position itself as a payroll and HR supplier with robust accounting functionality, hence the BizNet relationship. BizNet offers an Excel-based financial report writer designed for HR and payroll data. Looking over the press release list, I don't notice any other instance in which the refocusing has been publicly mentioned. Also in early August, Cyma reached an agreement with RedGear Technologies, which owns the TaxWorks professional tax package, to create an accounting package for the RedGear product line. That produced RedGear Accounting, powered by Cyma, which is included with TaxWorks at no charge.
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