Lawson Software Launches Contract Management to Help Customers Simplify Contract Creation and Tracking
19 Mayo 2008 - 8:00AM
Business Wire
Lawson Software (Nasdaq: LWSN) today announced the general
availability of Lawson Contract Management, which is designed to
help organizations, including those in healthcare and the public
sector, simplify contract creation and management. The new
application is designed to help customers reduce purchasing costs
by streamlining the creation of vendor contracts and monitoring the
supplies and services purchased against those contracts. Lawson
Contract Management, part of the Lawson S3 Supply Chain Management
Suite, delivers standardized, auditable processes for contract
creation and greater visibility into the supplies and services an
organization has under contract. This insight can help purchasing
managers reduce costs by enforcing compliance with vendor
contracts. It also helps managers negotiate vendor discounts by
helping them better analyze supply usage trends within their
organization. �Lawson Contract Management helps us create contracts
faster with reusable templates and terms and conditions. It also
provides a single, secure and auditable repository of all
contract-related documents,� said John Lauer, manager of enterprise
systems, Oglethorpe Power, a Georgia-based power supply cooperative
and a Lawson Contract Management pilot customer. �The application
also allows us to track purchase volumes for specific items, which
helps us negotiate better contract prices.� Located in Tucker, Ga.,
Oglethorpe Power generates electricity for thirty-eight Electric
Membership Corporations (EMCs). It is the nation�s largest power
supply cooperative in terms of assets and annual kilowatt-hour
sales. Lawson Contract Management supports flexible pricing
scenarios, such as complex tiered pricing and management of
rebates, which is particularly useful in managing healthcare supply
contracts. Public services and utility organizations, including
Oglethorpe, can use Contract Management to help manage construction
agreements and automate enforcement of business terms to help
reduce costly overruns or incomplete projects. In addition, Lawson
Contract Management can store corporate and other non-purchasing
contracts, helping to create a more comprehensive view of these
enterprise documents. The application also helps companies develop
customized procurement contracts for products or services to meet
their evolving needs. Lawson Contract Management is also compatible
with Lawson Business Intelligence, which helps organizations create
virtually unlimited types of reports to meet the specific needs of
departments and managers. �Controlling costs is one of the most
challenging business issues facing healthcare and public sector
organizations,� said Keith Lohkamp, product strategist, Lawson
Software. �Lawson Contract Management works with existing Lawson
applications, such as Lawson Strategic Sourcing and Lawson
Procurement, to help customers minimize supply costs, which
typically make up an organization�s largest expense after employee
compensation. It helps simplify sourcing, contract creation,
enforcement of pricing on purchases, and ongoing management of
contracts.� About Lawson Software Lawson Software provides software
and service solutions to 4,000 customers in manufacturing,
distribution, maintenance and service sector industries across 40
countries. Lawson�s solutions include Enterprise Performance
Management, Supply Chain Management, Enterprise Resource Planning,
Customer Relationship Management, Manufacturing Resource Planning,
Enterprise Asset Management and industry-tailored applications.
Lawson solutions assist customers in simplifying their businesses
or organizations by helping them streamline processes, reduce costs
and enhance business or operational performance. Lawson is
headquartered in St. Paul, Minn., and has offices around the world.
Visit Lawson online at www.lawson.com. Forward-Looking Statements
This press release contains forward-looking statements that contain
risks and uncertainties. These forward-looking statements contain
statements of intent, belief or current expectations of Lawson
Software and its management. Such forward-looking statements are
not guarantees of future results and involve risks and
uncertainties that may cause actual results to differ materially
from the potential results discussed in the forward-looking
statements. The company is not obligated to update forward-looking
statements based on circumstances or events that occur in the
future. Risks and uncertainties that may cause such differences
include but are not limited to: uncertainties in Lawson's ability
to realize synergies and revenue opportunities anticipated from the
Intentia International acquisition; uncertainties in the software
industry; uncertainties as to when and whether the conditions for
the recognition of deferred revenue will be satisfied; increased
competition; uncertainty regarding potential future deterioration
in the market for auction rate securities which could result in
additional permanent impairment charges, global military conflicts;
terrorist attacks; pandemics, and any future events in response to
these developments; changes in conditions in the company's targeted
industries and other risk factors listed in the company's most
recent Quarterly Report on Form 10-Q and the most recent Annual
Report on Form 10-K filed with the Securities and Exchange
Commission. Lawson assumes no obligation to update any
forward-looking information contained in this press release.
Lawson Software, Inc. (MM) (NASDAQ:LWSN)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Lawson Software, Inc. (MM) (NASDAQ:LWSN)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024
Real-Time news about Lawson Software, Inc. (MM) (NASDAQ): 0 recent articles
Más de Lawson Software Artículos de Noticias