Marshal’s to promote COMFAR III

MUMBAI: The Chennai-based Marshal’s Supersoft Technologies

(MSS) will be promoting COMFARIII Expert in India. COMFARIII Expert is software

developed by United Nation Development Organization (UNIDO), which is a

computer-aided model for financial appraisal and reporting.

MSS bought the software six months ago from UNIDO and MSS is

responsible for promoting the software in South Asian region with the assistance

of Ahmedabad based ‘Entrepreneurship Development Institute of India’ (EDII).

EDII would be involved in conducting workshops all over South Asian region to

train staff of the corporate and financial organizations.

Commenting on the software, MSS president Commander R V

Ramani said, "COMFARIII Expert was developed in 1995 and this third

generation COMFARIII Expert facilitates financial and economic appraisal of

investment projects. It permits the user to stimulate short and long term

financial situations of non- industrial and industrial investment projects, be

it new investments, rehabilitation, expansion, joint venture or privatization

projects."

 He explained that software was extremely environment

sensitive as it took into account several variables during the analytical

process. The economic analysis allows the user to introduce shadow price and to

compute economic rates of returns, value added and foreign exchange effects.

Professor Padmanand of EDII said, "This software is the

only one of its kind in the world in terms of scope for various sensitivity

analysis to facilitate risk analysis in business." Sensitive analysis

allows showing how net cash returns or the profitability of an investment alter,

with different values assigned cash returns or the profitability of an

investment alter, with different values assigned to the variables needed for the

computation. COMFARIII Expert facilitates the assessment of alternative project

scenarios and the determination of critical variables.

MSS is planning to sell the software to corporate, banks,

consulting services and staff training colleges. The prize of the package

varies, as it would cost around 5000$ for commercial use and for training

colleges it would cost around $3,200.

When asked to comment on the future plans of the company,

Ramani said " We want to have more projects from UNIDO and we also wish to

set up Internal Regional Centers (IRC) so that more and more penetration of the

software packages can be done into Asian and African continent."