Hello members,
This is a special edition Newswire with a big announcement! Please read at your earliest convenience.
The ECNO board is focused on the success and impact of our organization and our members. A key part of that impact is understanding how best to leverage our ownership of the K212 suite.
Today we are writing with some exciting news! We were approached by edsembli (formerly Keous) about purchasing full ownership and control of the K212 suite in late 2017.
After a thoughtful negotiation and extensive due diligence, the board has accepted an offer for the K212 suite that is excellent value for ECNO and our members.
We are excited to share this offer with our members and will be asking for your approval of our decision to sell the K212 suite to edsembli (formerly Keous) at a special member meeting on February 25, 2019.
We appreciate this is a significant step for ECNO and that is why we have created this
page
to share more details about the deal and answer your questions about the sale. We will also be following up this announcement with specific notes to:
- those boards who are currently using all or part of the K212 suite
- members of the PAC’s and EAC’s
- all Directors
- all Senior Business Officials
This divestment is the next logical step in our growth. We have heard clearly from our members that ECNO’s future lies in helping boards discover more IT efficiencies and expanding programs such as our Shared Technology Services. Our members have been telling us for some time that owning and developing software like K212 HRP and Finance is becoming increasing complex and expensive. Letting edsembli (formerly Keous) take on the full responsibility for these great products will be good for ECNO, the K212 products and the boards using them.
Please visit our website
here
to learn more.
We will be asking for a representative from each ECNO member who has the authority to bind their board, and has access to a webcam, and internet to join us at a special member meeting on February to approve the board decision to sell. Your board representative can
RSVP
here
.
Thank you for your support, we are excited about the opportunities that lie ahead for ECNO 2.0.
With many regards,
