Business Services Industry
Silvon Software Adds Web-Based Planning Application to Enterprise Performance Management Solution Suite
Business Wire, April 1, 2003
Business Editors/High-Tech Writers
WESTMONT, Ill.--(BUSINESS WIRE)--April 1, 2003
New Application Drives Collaborative, Event-Based
Planning Throughout the Enterprise
Silvon Software, Inc. today unveiled a web-based planning application that will be sold and marketed under the company's Stratum(TM) suite of Enterprise Performance Management solutions. The new application, called Stratum.iPlanner, is designed to allow businesses to:
-- easily create sales plans and budgets;
-- adjust system-generated demand forecasts, safety stocks, and
lead times;
-- tailor plans, budgets and forecasts on an ongoing basis to
reflect changing business conditions, key events and other
variables that can impact both operational and financial
performance;
-- communicate detailed plans, calculations and assumptions
across the enterprise to support collaborative planning
initiatives; and,
-- empower users to track the progress of plans, budgets and
forecasts.
"Stratum.iPlanner is a natural extension to our enterprise performance management solution suite because it allows companies to affect better business decisions by streamlining the planning process so decision makers can focus more of their time on `what-if' and actual performance analysis," said Michael J. Hennel, president and CEO of Silvon Software. "At the bottom line, this Web-based application will help our customers drive increased profitability and competitive advantage by enabling them to align their individual, departmental and business unit plans with company objectives."
Features of Stratum.iPlanner include:
Flexible modeling / business rules. Stratum.iPlanner leverages the Stratum.eZViewer web architecture to create and communicate corporate and user-defined rules and assumptions, calculations, and allocations at all levels. With the application, users can set top-level targets, test scenarios, and perform detailed top-down, bottom-up or middle-out calculations.
Powerful workflow / process management. Users of Stratum.iPlanner can track and communicate the progress of their plans and budgets using e-mail notifications and alerts. The application alerts users when plans need to be updated, monitors deadlines for submitting updates to plan owners, and identifies any bottlenecks that may exist throughout the process.
Robust data integration. Stratum.iPlanner enables information exchange with legacy applications, ERP, CRM, SCM and forecasting systems using the Silvon Stratum Application Foundation. The application foundation integrates relevant data from back office systems into a central data repository and allows users to write back planning information to the repository ... offering real-time access to this data by other users for further analysis and manipulation.
Scalable infrastructure. Stratum.iPlanner leverages any standard Web browser within an Internet, Intranet or Extranet environment. The application's collaborative planning capabilities and centralized data management can significantly reduce maintenance and distribution costs.
About Silvon Software, Inc. - http://www.silvon.com
Silvon Software is a global supply chain-focused enterprise performance management solutions provider headquartered in the western Chicago suburb of Westmont, Illinois. Since 1987, Silvon has focused on software-based analytic application solutions for manufacturing, wholesale distribution and retail organizations. Silvon's solutions are predicated on the fact that a better business understanding will empower the move toward an optimized supply chain. Silvon's clients benefit from improving business practices and profitability by leveraging analytic information on products, customers, suppliers, and operational performance. The Silvon Stratum product suite offers robust analytic applications, as well as planning, forecasting, closed-loop processing and exception management functionality. The company's products are currently installed at more than 1,500 businesses worldwide.
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