NextReports is a reporting tool that doesn’t require detailed technical knowledge, or other database, servers or specific applications.

ASF managers expect the local market to generate 80% of NextReports’ 2010 turnover.

“We’ve just taken one step to expand overseas, namely the launch of our international website, and the introduction of the application on computer websites. This year, we plan to raise awareness of our products on international websites that provide software downloads and establish online and offline distribution partnerships. We hope the capabilities and the demo version of the application will convince our customers of its usefulness”, said Stefan Paun (photo), chief executive of Advantage Software Factory.

NextReports Designer, the design component of the reporting tool costs €99/license and NextReports Server costs €999, for unlimited number of users.

ASF launched abroad its debt collection software Capone Banking. Last year, the application was used in nine European countries that accounted for 15-20% of the €1 million revenues reported in 2009.

The software maker was established in 2001 and reported €2 million turnover last year. The company said it expected 10% growth in revenues in 2010. ASF’s net profit stood at 12-13% of turnover in 2009.