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March 1, 2010

The Making of eMBM

March 1, 2010 | No comments | ESPHIL Member

Cristy Llacer Oreta in eMBM

I joined the corporate world when I was 18 years old and in 1987 had an opportunity to serve our country during the term of President Cory Aquino.

In those working years, I’ve been assigned and exposed to different departments,  divisions and organizations.  Creating systems and procedures, technology and interacting with people are my interests.

1994, my ex-boss asked me to help him in  developing  a market for an  automated accounting system  which he got an exclusive distributorship.  He persuaded me, he knows how systems and elegant software attracts me.    I was a department head in one of the  top non life insurance companies  in the country,  therefore,  decision to leave my  post where I was enjoying  so much perks, benefits and good salary to  jump to an entirely new field wasn’t easy.

I accepted the challenge and marry the product that I need to develop a market for.   We were doing fine,  our  product started to be recognized  and got the attention of the business sector but Asian crisis got in the way,  our  Board of Directors decided to stop distributing automated products.

Of course, I was crashed, and had sleepless nights.   The product that  I married to,  was just starting to pick up and have so much potential.  “Sayang”  I told myself.    And suddenly I remembered that, in so many occasions, my boss (who got me into this field) shared with me his thoughts of having a spin off operation for all automated products we have.

With the encouragement of my husband, that same night I went off my bed and did a 3  months Transition Plan for spin off operation and presented it to my Boss.   It was approved.  Because my transition plan stated no upfront cash will be involved, my operation was not easy.  I converted one of the rooms in our house to be my office, used all office supplies and equipment available that my husband have for his business.

There were two of us in the office,  we both do the selling, training and implementation of the software that we sell.  Concurrently, I did the office work,  monitoring of finances, sales, prices etc. We used credit card in buying the stocks from US and UK whenever we closed a sale.  We deliver to clients, get paid and save all the money after paying the credit cards.   This  also made us in position to fulfill our commitment to buy at cost the remaining  stocks of the  previous company we work for.

After the 3 months transition period, we were able to raised enough capital to formalize our organization – and that was when eMethods for Business Management  (eMBM) was born.

The 3 months transition period also gave us fund to buy necessary equipment to do the business – laptop and desktop computers,  LCD projector, stapler and staple wires, desks and chairs.

eMethods for Business Management (eMBM) is now on its 8th years of operation, still a baby as compared  to other organizations and  to our competitors,  but we can say we’ve been through a lot of challenges.  We served our clients well that they stayed with us.   We have more than 5,000 Quickbooks installation nationwide and still growing.

In our desire to be of continued service to our clients, we forged a partnership with a fellow entrepreneur to develop and design a system  that will serve the needs of our graduating QuickBooks clients, we call it QuickNet.   We are happy to say that QuickNet  won four accounts over a high end  international software.  eMBM is continuously developing business applications that our local entrepreneurs can use in running and growing their business.

Commitment,  passion, sincerity, integrity  are the characteristics and values we need to make things  happen.

Visit our site go to : http://embm.net.ph

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