G. Costa to reduce reporting effort by 40% with Geac Performance Analyser
26 Enero 2006 - 8:02AM
PR Newswire (US)
New reporting solution to go live for by end of April WALTHAM, MA
and STUDLEY, UK, Jan. 26 /PRNewswire-FirstCall/ -- G.Costa, a UK
food manufacturer most famous for its Blue Dragon sauces, has
invested in a new reporting solution from enterprise software
company Geac(R) (TSX: GAC, NASDAQ: GEAC). Performance Analyser is
now being deployed to users and is expected to be in full
production by the end of April 2006. The system will provide
unprecedented 'in depth' access to information held within the
company's enterprise resource planning (ERP) system - Geac
System21, which operates on an IBM iSeries server. All managers
will soon have easy, browser- based access to data, releasing the
IT and finance department from the burden of generating reports.
Dale Coveney, Commercial Finance Manager for G. Costa, said: "To
date I have spent around two days a week merely generating reports
for our sales and marketing managers. Once we're live on
Performance Analyser they will have ready access to detailed
pre-formatted reports themselves. Previously I was spending 40% of
my time producing information whereas soon I will be reinvesting
that time in analysing critical business information to aid the
business." The contract was awarded to Geac after a thorough review
process that included Cognos and Business Objects, as explained by
G. Costa's Head of IT, Glen Boyle: "Instead of doing a simple
beauty parade we gave each company a detailed set of our data and
said 'show us what you can do with this.' It worked extremely well
as we could get a real feel for the products' capabilities within
our own environment. It helped us dismiss one vendor straight away
and the other showed that it would take an extra three months to
create the metadata and the data extracts. This was just too long.
The Geac solution was not only the most functional but it could be
deployed extremely quickly, as it has a semi-prebuilt universe over
the System21 data." Phase one of the deployment will involve
rolling out the solution to sales managers by February 2006.
Previously they either went without data, as it was too difficult
for them to extract it themselves or they used out-of- date
information, once the IT and finance departments had caught up with
their back log of data requests. Instead, Performance Analyser will
provide them with real time access to centrally held data. Phase
two will involve demonstrations to other areas of the business to
identify their precise reporting needs. Finally Performance
Analyser will be used to provide advanced analytical capabilities
on profitability by product, category, customer, and salesman. In
this way G. Costa will have ultimate control over margin
performance across the entire business. About Geac Geac (TSX: GAC,
NASDAQ:GEAC) is a global enterprise software company that addresses
the needs of the Chief Financial Officer. Geac's best-in-class
technology products and services help organisations do more with
less in an increasingly competitive environment, amidst growing
regulatory pressure, and in response to other business issues
confronting the CFO. Further information is available at
http://www.geac.com/ or through e-mail at . This press release may
contain forward-looking statements of Geac's intentions, beliefs,
expectations and predictions for the future. These forward-looking
statements often include use of the future tense with words such as
"will," "may," "intends," "anticipates," "expects" and similar
conditional or forward-looking words and phrases. These
forward-looking statements are neither promises nor guarantees.
They are only predictions that are subject to risks and
uncertainties, and they may differ materially from actual future
events or results. Geac undertakes no obligation to update or
revise the information contained herein. Important factors that
could cause a material difference between these forward-looking
statements and actual events include, among other things: our
ability to increase revenues from new license sales, cross-sell
into our existing customer base and reduce customer attrition;
whether we can identify and acquire synergistic businesses and, if
so, whether we can successfully integrate them into our existing
operations; whether we are able to deliver products and services
within required time frames and budgets to meet increasingly
competitive customer demands and performance guaranties; risks
inherent in fluctuating international currency exchange rates in
light of our global operations and the unpredictable effect of
geopolitical world and local events; whether we are successful in
our continued efforts to manage expenses effectively and maintain
profitability; our ability to achieve revenue from products and
services that are under development; the uncertain effect of the
competitive environment in which we operate and resulting pricing
pressures; and whether the anticipated effects and results of our
new product offerings and successful product implementation will be
realized. These and other potential risks and uncertainties that
relate to Geac's business and operations are summarized in more
detail from time to time in our filings with the United States
Securities and Exchange Commission and with the Canadian Securities
Administrators. Please refer to Geac's most recent quarterly
reports available through the website maintained by the SEC at
http://www.sec.gov/ and through the website maintained by the
Canadian Securities Administrators and the Canadian Depository for
Securities Limited at http://www.sedar.com/ for more information on
risk factors that could cause actual results to differ. Geac is a
registered trademark of Geac Computer Corporation Limited. All
other marks are trademarks of their respective owners. DATASOURCE:
Geac Computer Corporation Limited CONTACT: Media Contacts: Crawford
Warnock, Citigate Dewe Rogerson, +44 (0)1604 232223, ; Richard
Moore, Geac, +44 (0) 1527 496189, ; Investor Contact: Alys Scott,
Geac, (781) 672-5980,
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