<PAGE>   1

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 10-Q

              (X) Quarterly Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                  For the quarterly period ended MARCH 31, 2001

                                       OR

( ) Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange
    Act of 1934

    For the transition period from __________________ to ___________________


                         Commission file number 0-16569

                          CAM COMMERCE SOLUTIONS, INC.
                   (FORMERLY KNOWN AS CAM DATA SYSTEMS, INC.)


--------------------------------------------------------------------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

          DELAWARE                                              95-3866450
  (State or other jurisdiction                                 (IRS Employer
of incorporation or organization)                            Identification No.)

          17520 NEWHOPE STREET
      FOUNTAIN VALLEY, CALIFORNIA                                   92708
(Address of principal Executive offices)                         (Zip code)

                                 (714) 241-9241
               (Registrant's telephone number including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes  X   No
    ---     ---

As of March 31, 2001 there were 3,019,830 shares of common stock outstanding.

<PAGE>   2

                          CAM COMMERCE SOLUTIONS, INC.

                                      INDEX

                                                                     Page Number
                                                                     -----------
PART I  Financial Information

Item 1  Condensed Consolidated Financial Statements:

        o Condensed Consolidated Balance Sheets at March 31, 2001
          and September 30, 2000                                           3

        o Condensed Consolidated Statement of Operations for the
          three months ended March 31, 2001 and 2000                       4

        o Condensed Consolidated Statement of Operations for the
          six months ended March 31, 2001 and 2000                         5

        o Condensed Consolidated Statement of Cash Flows for the
          six months ended March 31, 2001 and 2000                         6

        o Notes to Condensed Consolidated Financial Statements            7-9

Item 2  Management's Discussion and Analysis of Financial
        Condition and Results of Operations                              10-11

PART II Other Information                                                  12

        o Signature Page                                                   13


                                       2

<PAGE>   3

PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                          CAM COMMERCE SOLUTIONS, INC.

                      CONDENSED CONSOLIDATED BALANCE SHEETS
                        (IN THOUSANDS, EXCEPT SHARE DATA)
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                 MARCH 31    SEPTEMBER 30
                                                   2001          2000
                                                 --------    ------------
<S>                                              <C>         <C>
ASSETS

Current assets:
  Cash and cash equivalents                       $ 8,709      $10,444
  Accounts receivable, net                          2,081        1,782
  Inventories                                         576          696
  Prepaid expenses                                    813          893
                                                  -------      -------
Total current assets                               12,179       13,815

Property and equipment, net                           878          922
Intangible assets, net                              3,475        3,262
Other assets                                          423          297
                                                  -------      -------
Total assets                                      $16,955      $18,296
                                                  =======      =======

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
Accounts payable                                  $   723      $   644
Accrued compensation and related expenses             489          477
Customer deposits and deferred revenue              1,179          854
Other accrued liabilities                             168          373
                                                  -------      -------
Total current liabilities                           2,559        2,348
Deferred income taxes                                  91           91

Stockholders' equity:
Common stock, $.001 par value, 12,000 shares
  authorized, 3,020 shares issued and
  outstanding at March 31, 2001 and 3,012 at
  September 30, 2000                                    3            3
Paid-in capital                                    13,616       13,585
Retained earnings                                     686        2,269
                                                  -------      -------
Total stockholders' equity                         14,305       15,857
                                                  -------      -------
Total liabilities and stockholders' equity        $16,955      $18,296
                                                  =======      =======
</TABLE>

See accompanying notes.

                                       3

<PAGE>   4

                          CAM COMMERCE SOLUTIONS, INC.

                 CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                   THREE MONTHS ENDED
                                                 ----------------------
                                                  MARCH 31      MARCH 31
                                                   2001           2000
                                                  -------       -------
<S>                                              <C>           <C>
REVENUES
  Net hardware, software and installation
    revenues                                      $ 3,600       $ 4,150
  Net service revenues                              1,477         1,140
                                                  -------       -------
Total net revenues                                  5,077         5,290

COSTS AND EXPENSES
  Costs of hardware, software and
    installation revenues                           1,951         2,268
  Costs of service revenues                           784           610
                                                  -------       -------
Total costs of revenues                             2,735         2,878
Selling, general and administrative expenses        3,005         2,322
Research and development expenses                     428           415
Interest income                                      (122)          (53)
                                                  -------       -------
Total costs and expenses                            6,046         5,562
                                                  -------       -------
Loss before income taxes                             (969)         (272)
Benefit for income taxes                               --           (97)
                                                  -------       -------
NET LOSS AND COMPREHENSIVE LOSS                   $  (969)      $  (175)
                                                  =======       =======

Basic net loss per share                          $  (.32)      $  (.07)
                                                  =======       =======

Diluted net loss per share                        $  (.32)      $  (.07)
                                                  =======       =======

Shares used in computing basic
  net loss per share                                3,019         2,482

Shares used in computing
  diluted net loss per share                        3,019         2,482
</TABLE>

See accompanying notes.

                                       4

<PAGE>   5

                          CAM COMMERCE SOLUTIONS, INC.

                 CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                     SIX MONTHS ENDED
                                                  -----------------------
                                                  MARCH 31       MARCH 31
                                                    2001           2000
                                                  --------       --------
<S>                                               <C>            <C>
REVENUES
   Net hardware, software and installation
     revenues                                     $  7,382       $  9,627
   Net service revenues                              2,869          2,302
                                                  --------       --------
Total net revenues                                  10,251         11,929

COSTS AND EXPENSES
   Costs of hardware, software and
     installation revenues                           3,910          5,203
   Costs of service revenues                         1,500          1,232
                                                  --------       --------
Total costs of revenues                              5,410          6,435
Selling, general and administrative expenses         5,786          4,732
Research and development expenses                      916            795
Interest income                                       (278)          (101)
                                                  --------       --------
Total costs and expenses                            11,834         11,861
                                                  --------       --------
Income (loss) before income taxes                   (1,583)            68
Provision for income taxes                              --             23
                                                  --------       --------
NET INCOME (LOSS) AND COMPREHENSIVE
  INCOME (LOSS)                                   $ (1,583)      $     45
                                                  ========       ========

Basic net income (loss) per share                 $   (.52)      $    .02
                                                  ========       ========

Diluted net income (loss) per share               $   (.52)      $    .02
                                                  ========       ========

Shares used in computing basic
  net income (loss) per share                        3,018          2,396

Shares used in computing
  diluted net income (loss) per share                3,018          2,977
</TABLE>

See accompanying notes.

                                       5

<PAGE>   6

                          CAM COMMERCE SOLUTIONS, INC.

                 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
                                 (IN THOUSANDS)
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                           SIX MONTHS ENDED
                                                       -----------------------
                                                       MARCH 31       MARCH 31
                                                         2001           2000
                                                       --------       -------
<S>                                                    <C>            <C>
OPERATING ACTIVITIES:

Net income (loss)                                      $ (1,583)      $    45
Adjustments to reconcile net income (loss) to net
  cash used in operations:
  Depreciation and amortization                             780           397
  Net changes in operating assets and liabilities           (10)         (749)
                                                       --------       -------
Net cash used in operations                                (813)         (307)

Investing activities:
  Purchase of property, plant and equipment                (234)         (114)
  Business acquisition                                     (600)           --
  Capitalized software                                     (115)         (139)
                                                       --------       -------
Cash used in investing activities                          (949)         (253)

Financing activities:
  Proceeds from equity private placement                     --         3,800
  Proceeds from exercise of stock options                    27           821
                                                       --------       -------
Cash provided by financing activities                        27         4,621
                                                       --------       -------
Net (decrease) increase in cash and cash
 equivalents                                             (1,735)        4,061
Cash and cash equivalents at beginning of period         10,444         5,049
                                                       --------       -------
Cash and cash equivalents at end of period             $  8,709       $ 9,110
                                                       ========       =======
</TABLE>

See accompanying notes.

                                       6

<PAGE>   7

                          CAM COMMERCE SOLUTIONS, INC.

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2001
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)
                                   (UNAUDITED)

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

ORGANIZATION AND BUSINESS

CAM Commerce Solutions Inc., (the Company), (formerly known as CAM Data Systems,
Inc.) provides total commerce solutions for small to medium size, traditional
and web retailers that are based on the Company's open architecture software
products for managing inventory, point of sale, sales transaction processing and
accounting. In addition to software, these solutions often include hardware,
installation, training, service and consulting provided by the Company.

PRESENTATION OF CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The accompanying financial statements of the Company for the three and six
months ended March 31, 2001 and 2000 are unaudited. The financial statements
consolidate the accounts of the Company and its wholly owned subsidiary. All
significant intercompany balances and transactions have been eliminated. In the
opinion of management, all adjustments necessary for a fair presentation of such
financial statements have been included. Such adjustments consisted only of
normal recurring items. Interim results are not necessarily indicative of
results for a full year. The condensed financial statements and notes are
presented as permitted by Form 10-Q and, therefore, should be read in
conjunction with the Company's annual report on Form 10-K for the year ended
September 30, 2000.

INVENTORIES

Inventories are stated at the lower of cost determined on a first-in, first-out
basis, or net realizable value, and are composed of electronic point of sale
hardware and computer equipment used in the sale and service of the Company's
products.

STATEMENTS OF CASH FLOWS

Net changes in operating assets and liabilities as shown in the condensed
statement of cash flows are as follows:

<TABLE>
<CAPTION>
                                                      SIX MONTHS ENDED
                                                    --------------------
                                                    MARCH 31    MARCH 31
                                                      2001        2000
                                                    --------    --------
<S>                                                  <C>         <C>
(Increase) decrease in:
Accounts receivable                                  $(299)      $ 539
Inventories                                            120         (65)
Prepaid expenses and other assets                      (42)       (179)
Increase (decrease) in:
Accounts payable                                        79        (224)
Accrued compensation and related expenses               12        (495)
Customer deposits and deferred revenue                 325          28
Accrued liabilities and income taxes payables         (205)       (353)
                                                     -----       -----
Net changes in operating assets and liabilities      $ (10)      $(749)
                                                     =====       =====
</TABLE>

Income taxes paid during the six months ended March 31, 2000 were $412,000,
there were no such taxes paid during the six months ended March 31, 2001. There
was no interest expense paid in the first six months of 2001 or 2000.


                                       7

<PAGE>   8

                          CAM COMMERCE SOLUTIONS, INC.

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2001
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)
                                   (UNAUDITED)

NET INCOME (LOSS) PER SHARE

Net income (loss) per share is based on the weighted average number of common
and common equivalent shares outstanding. Basic earnings per share are based
upon the weighted average number of common shares outstanding. Diluted earnings
per share amounts are based upon the weighted average number of common shares
and common equivalent shares for each period presented. Common equivalent shares
include stock options and warrants assuming conversion under the treasury stock
method. Common equivalent shares are excluded from diluted income (loss) per
share if their effect is anti-dilutive. There are 1,088 options and 350 warrants
outstanding at March 31, 2001 that were excluded from the computation because
their effect is anti-dilutive. The computation of basic and diluted net income
(loss) per share for the three and six month periods ended March 31, 2001 and
2000 are as follows:

<TABLE>
<CAPTION>
                                                           THREE MONTHS ENDED
                                                         ----------------------
                                                         MARCH 31      MARCH 31
                                                           2001           2000
                                                          -------       -------
<S>                                                       <C>           <C>
NUMERATOR:
Net loss for basic and diluted net loss per share         $  (969)      $  (175)
                                                          -------       -------
DENOMINATOR:
Weighted-average shares outstanding                         3,019         2,482
                                                          -------       -------
Denominator for basic net loss per share:
  weighted-average shares                                   3,019         2,482
Effect of dilutive securities:
Stock options                                                  --            --
                                                          -------       -------
Denominator for diluted net loss per share:
  weighted average shares and assumed conversions           3,019         2,482
                                                          -------       -------
Basic net loss per share                                  $  (.32)      $  (.07)
                                                          -------       -------
Diluted net loss per share                                $  (.32)      $  (.07)
                                                          =======       =======
</TABLE>

<TABLE>
<CAPTION>
                                                            SIX MONTHS ENDED
                                                         -----------------------
                                                         MARCH 31       MARCH 31
                                                           2001           2000
                                                          -------       -------
<S>                                                       <C>           <C>
NUMERATOR:
Net income (loss) for basic and diluted net income
  (loss) per share                                       $(1,583)        $   45
                                                         -------         ------
DENOMINATOR:
Weighted-average shares outstanding                        3,018          2,396
                                                         -------         ------
Denominator for basic net income (loss) per share:
  weighted-average shares                                  3,018          2,396
Effect of dilutive securities:
Stock options                                                 --            581
                                                         -------         ------
Denominator for diluted net income (loss) per share:
  weighted average shares and assumed conversions          3,018          2,977
                                                         -------         ------
Basic net income (loss) per share                        $  (.52)        $  .02
                                                         -------         ------
Diluted net income (loss) per share                      $  (.52)        $  .02
                                                         =======         ======
</TABLE>

                                       8
<PAGE>   9

                          CAM COMMERCE SOLUTIONS, INC.

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2001
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)
                                   (UNAUDITED)

REVENUE RECOGNITION POLICY

The Company derives revenue from the sale of computer hardware, computer
software, post contract customer support (PCS), installation and consulting
services. Revenue from hardware and software sales is recognized at the time of
shipment. Revenue allocable to PCS is recognized ratably on a monthly basis over
the period of the service contract. Consulting and installation revenue is
recognized in the period the service is performed.

In December 1999, The Securities and Exchange Commission (SEC) released Staff
Accounting Bulletin No. 101, Revenue Recognition in Financial Statements, (SAB
101). This bulletin summarizes certain views of the SEC staff on applying
generally accepted accounting principles to revenue recognition in financial
statements and states that revenue is realized or realizable and earned only
when all of the following criteria are met: persuasive evidence of an
arrangement exists; delivery has occurred or services have been rendered; the
sellers price to the buyer is fixed or determinable; and collectibles is
reasonably assured.

The Company will adopt the revenue recognition accounting specified by SAB 101
no later than the fourth quarter of fiscal 2001. Management is currently
evaluating the impact of applying SAB 101 and the effect is not expected to be
material.

ACQUISITIONS

In November 2000, the Company acquired the customer base, source code and
application code for the Work Pro software from Genesis software of Sandwich,
Illinois. The acquisition was accounted for using the purchase method of
accounting. The total amount of cash paid was $600 for the purchase of both
intangible and tangible assets, of which $580 has been capitalized as an
intangible asset. This intangible asset is being amortized over a five-year
period. Over 500 customers in the retail paint store industry use Work Pro
software.

SUBSEQUENT EVENTS

Effective April 1, 2001 CAM Commerce Solutions, Inc. dissolved its wholly owned
subsidiary Microbiz Corporation ("Microbiz") located in Mahwah, New Jersey and
have incorporated the product and operations into CAM. Thus, Microbiz is now a
"product line" rather than an independent subsidiary.


                                       9

<PAGE>   10

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
        RESULTS OF OPERATIONS

                          CAM COMMERCE SOLUTIONS, INC.
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

                THREE MONTHS ENDED MARCH 31, 2001, AS COMPARED TO
                        THREE MONTHS ENDED MARCH 31, 2000
                 SIX MONTHS ENDED MARCH 31, 2001, AS COMPARED TO
                         SIX MONTHS ENDED MARCH 31, 2000
                           (ALL FIGURES IN THOUSANDS)

RESULTS OF OPERATIONS

NET REVENUES for the three months ended March 31, 2001, decreased 4% to $5.0
million, consisting of a 13% decrease in system revenues and a 30% increase in
service revenues compared to the three months ended March 31, 2000. Net revenues
for the six months ended March 31, 2001, decreased 14% to $10.3 million,
consisting of a 23% decrease in system revenues and a 25% increase in service
revenues compared to the six months ended March 31, 2000. The decrease in system
revenues was due to less demand for the Company's products in comparison to the
amount of computer hardware upgrades that were sold in fiscal 2000. The increase
in service revenues in fiscal 2001 was related to the acquisition of MicroBiz
and Genesis customer bases.

GROSS MARGIN for the three and six months ended March 31, 2001, was 46% and 47%
respectively, compared to 46% for the three and six months ended March 31, 2000.
Gross margin on system revenues increased to 46% and 47% for the three and six
months ended March 31, 2001, compared to 45% and 46% for the three and six
months ended March 31, 2000. The increase in margin on system sales was a result
of a higher percentage of computer hardware sales in 2000 related to the "Year
2000" upgrade sales. Computer hardware sales yield a lower gross margin overall
than other peripheral equipment. Gross margin for service revenue was 47% and
48% for the three and six months ended March 31, 2001, respectively, compared to
46% for the three and six months ended March 31, 2000. The increase in gross
margin for service revenue is related to the acquisition of the Genesis customer
base, which yielded higher margins due to lower support cost and labor costs.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES expressed as a percentage of net
revenues increased for the three month period ended March 31, 2001, to 59%,
compared to 44% for the three month period ended March 31, 2000. Selling,
general and administrative expenses for the three months ended March 31, 2001,
increased 29% to $3.0 million as compared to $2.3 million for the three months
ended March 31, 2000. Selling, general and administrative expenses expressed as
a percentage of net revenues increased for the six month period ended March 31,
2001 to 56%, compared to 40% for the six month period ended March 31, 2000.
Selling, general and administrative expenses for the six months ended March 31,
2001, increased 22% to $5.8 million, as compared to $4.7 million for the six
months ended March 31, 2000. The increase was related to higher expenses from
the inclusion of the MicroBiz subsidiary and higher amortization costs related
to acquisitions made over the past 14 months.

RESEARCH AND DEVELOPMENT EXPENSES increased 3% to $428,000 for the three month
period ended March 31, 2001, from $415,000 for the same period in 2000. Research
and development expense increased 15% to $916,000 for the six-month period ended
March 31, 2000, from $795,000 for the same period in 2000. The increase for the
periods was attributed to an overall increase in research and development
expenses related to the development of new products and the enhancement of
existing products for Xcharge, i.STAR and Retail Star.


                                       10


<PAGE>   11

                          CAM COMMERCE SOLUTIONS, INC.

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
            FINANCIAL CONDITION AND RESULTS OF OPERATIONS (CONTINUED)

INCOME TAXES, there was no provision for income taxes based on the loss for the
three and six months ended March 31, 2001. The effective tax rate was 34% for
the three and six months ended March 31, 2000.

LIQUIDITY AND CAPITAL RESOURCES

The Company's cash and cash equivalents totaled $8.7 million on March 31, 2001,
compared to $10.4 million on September 30, 2000. The Company used $813,000 for
operations, expended $349,000 for fixed assets and capitalized software
development, and used $600,000 for the acquisition of the Genesis customer base
during the six months ended March 31, 2001, compared to the use of $307,000 from
operations, expended $253,000 for fixed assets and capitalized software
development, and received $4.6 million in proceeds from an equity private
placement and the exercise of stock options during the six months ended March
31, 2000.

The Company has no significant commitments for expenditures. Management believes
the Company's existing working capital, coupled with funds generated from the
Company's operations, and funds raised from an Equity Private Placement in
fiscal 2000, will be sufficient to fund its presently anticipated working
capital requirements for the foreseeable future.

Inflation has had no significant impact on the Company's operations.

This Item II section contains certain forward looking statements regarding the
Company, its business, liquidity, prospects and results of operations that are
subject to certain risks and uncertainties posed by many factors and events that
could cause the Company's actual business, liquidity, prospects and results of
operations to differ materially from those that may be anticipated by such
forward looking statements. All statements contained herein that are not
historical facts, including but not limited to, statements regarding anticipated
future revenue and expense levels, and capital requirements, and the Company's
ability to generate cash from operations, are forward looking statements based
on current expectations. No assurances can be given that events or results
mentioned in any such forward looking statements would in fact occur. Readers
are cautioned not to place undue reliance on any forward-looking statements,
which speak only as of the date of this report. The Company undertakes no
obligation to revise any forward-looking statements in order to reflect events
or circumstances that may subsequently arise. Readers are urged to carefully
review and consider the various disclosures made by the Company in this report
and in the Company's other reports filed with the Securities and Exchange
Commission.


                                       11

<PAGE>   12

                          CAM COMMERCE SOLUTIONS, INC.

                           PART II - OTHER INFORMATION

Items 1 - 5

     Not Applicable

Item 6

     Exhibits and Reports on Form 8-K

(A)  Exhibits:

     None

Reports on Form 8-K

     None




                                       12

<PAGE>   13

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                              CAM COMMERCE SOLUTIONS, INC.
                                                      (Registrant)

Date: May 10, 2001                            By: /s/ Paul Caceres Jr.
                                                  ------------------------------
                                                      Paul Caceres Jr.
                                                      Chief Financial and
                                                      Accounting Officer



                                       13