Tuesday, March 1, 2011

Housing Wealth Effect Hits U.S. Economy

The erosion of the syndrome known as the "Wealth Effect" is showing that fall out from the housing slump is having a major impact on the U.S.

Destin, FL, March 01, 2011 -- The erosion of the syndrome known as the "Wealth Effect" is showing that fall out from the housing slump is having a major impact on the U.S. economy, according to Housing Predictor analysts.

Consumer spending habits slowed for a time after the housing bubble burst as the "Wealth Effect" made people feel like they were losing money as equity in their homes dissipated with falling home values. Three years after the financial crisis consumers have changed their habits, cutting spending on many consumer goods.

A study conducted by Harvard’s Joint Center for Housing Studies showed that the real estate bubble would have only been about half its size had banks and mortgage companies not offered the new breed of mortgages, reducing the number of troubled properties in foreclosure substantially.

The foreclosure crisis has resulted in more than 6-million U.S. foreclosures and is gaining momentum as more homeowners lose the ability to pay mortgages, and other upside down mortgage holders walk away from their homes. Historically housing leads the U.S. economy out of recessions, but the economy has sustained a massive blow from the bankers, who developed new mortgages and sold them to anyone that could sign their name.

Check your housing market forecast, check mortgage rates and real estate news at http://www.housingpredictor.com

Contact:
Mike Colpitts
Editor
HousingPredictor.com
225 Main Street
Destin, FL 32541
850-622-1016

AuraPortal Offers the First BPM Software with a Perfectly integrated Content Management System

Companies will be able to create their own digital information and use a complete and customized Content Management system without the need of outsourcing

Woburn (Boston), MA, March 01, 2011 - AuraPortal (www.auraportal.com), a global provider of Business Process Management (BPM), has announced today the imminent launch of their Content Management Module, as part of the AuraPortal Business Management Platform, which is integrated with the rest of applications, being: Business Process Management and Business Rules System, Document Management, Customer Relationship Management and Online Commerce, extending the platform's scope.

With this new module, their business employees will be able to easily and rapidly design a totally customized system, with all transaction activity able to be monitored by the AuraPortal BPM Module, as it happens with the rest of AuraPortal's functionalities.

"We don't wish to offer our customers disconnected modules. We offer a state-of-the-art BPMS Suite with a totally integrated Document and Content Management System", says Pablo Trilles, Vice-President, AuraPortal. "The market is demanding complete solutions. Using these kinds of applications in an isolated way, good as they may be, reduces substantially its effectiveness and it is certainly unacceptable these days".

"One of the goals of the Content Management module is to easily and automatically maintain the company's website on the Internet", says Pablo Trilles, "Business Processes features may be used to establish creation and approval flows for any content to be published".

AuraPortal provides a complete Content Management system for publishing on the web: Announcements, News, Articles, Documents, Videos and any type of digital content created by the company, in which all stages of content's lifecycle are contemplated, such as: creation and/or capture, storage, security, flow, access, publication, version's control, recovering, distribution, conservation and destruction of the contents. All this without IT programming required.

About Aura (AuraPortal) (http://www.auraportal.com)
AURA is a global BPMS (Business Process Management Suite) provider delivering a solution that creates, without the need of IT programming, Business Process Workflow Execution Models. AuraPortal is 100% Web-based, and is complementary to existing ERP and CRM systems.

AuraPortal has a presence in 50 countries with more than 350 customers including, among others: Coca-Cola, PepsiCo, Frito-Lay, Toyota, Yamaha, Petroleos Mexicanos (PEMEX), Carrefour, ArcelorMittal, Eletrobras, Saras, Royal KPN, Bristol-Myers Squibb, Sodexo, etc., as well as many Government Agencies and Departments in several countries.

AuraPortal Headquarters are located in North America (Boston) and Europe (Holland) whereas the software development facilities are located in Spain and India.

See Partners Network and more Customers

AuraPortal is a real Business Process Platform where a set of 6 essential applications share the same environment in a seamlessly integrated and user friendly way: "6 in 1":

1.Intranet

2.Process Management

3.Document Management

4.Customer Management

5.Content Management

6.Online Commerce

What the Top Experts say about Auraportal BPMS:

GARTNER Inc.: "AuraPortal is the Example of Next generation BPMS". (Magic Quadrant Report 2007 and 2009)

OVUM: "AuraPortal Excels in Ovum's technology assessment study which was set by a highly competitive field". "The vendor has demonstrated that its BPM platform can support complex processes and high-throughput scenarios". (OVUM - Decision Matrix on BPM Vendors 2010)

BPTRENDS: There is a 2010 Report on AuraPortal BPMS published by this prestigious firm. Click here to download an extract or the full report. (BPM Suites Report 2010)

Auraportal Contacts:
Scott Rich
Phone: +1 781-569-5940 or +1 978-808-6340
The Netherlands: info-nl@auraportal.nl

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Contact:
Scott Rich
Auraportal
400 Trade Center
Woburn, MA 01801-7472
+1 781-569-5940