Autodesk Selects CascadeWorks Clarity to Manage its Contingent Workforce; Autodesk Realizes Significant Operational Efficiencies.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Oct. 9, 2000 CascadeWorks, Inc. today announced that Autodesk, the leading global provider of software and Internet portal services for design and digital content creation The development of newsworthy, educational and entertainment material for distribution over the Internet or other electronic media. See DAMS. , has selected CascadeWorks(TM) Clarity to streamline the procurement and management of its contingent workforce A contingent workforce is a provisional group of workers who work for an organization on a non-permanent basis, also known as freelancers, independent professionals, temporary contract workers, independent contractors or consultants. . CascadeWorks Clarity is a hosted enterprise application that streamlines and tracks the interaction between hiring managers, contingent workforce managers, finance departments, services vendors and contractors through an easy-to-use Web-based environment, delivering significant cost savings and improved operational effectiveness. Autodesk plans a phased deployment of the CascadeWorks solution -- initially using CascadeWorks Clarity to manage its software manufacturing Software manufacturing is the process of producing software in ways similar to the manufacturing of tangible goods. In this way of conducting business, each copy of the software is priced and sold as though it was a tangible product. contractors. Flexible Solution Meets Autodesk's Requirements Autodesk selected CascadeWorks Clarity based on the flexibility and configurability of the solution. "The CascadeWorks team was extremely responsive and able to demonstrate the ability to configure the CascadeWorks' solution to meet our requirements in a very short period of time," said Gregg Spratto, corporate procurement manager for Autodesk. It was mandatory that a services e-procurement solution be able to integrate with Autodesk's existing procurement environment. "CascadeWorks Clarity integrates with Ariba and easily extends to encompass our entire vendor network while still allowing our hiring managers to add new vendors as needed as needed prn. See prn order. ," added Spratto. "We are extremely pleased to have Autodesk as a charter customer," said Diana Jovin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CascadeWorks. "Autodesk's existing procurement environment is typical of large companies today -- a wide variety of vendors, an e-procurement solution such as Ariba and the need to allow for on-going flexibility within the system. By meeting Autodesk's requirements, we've demonstrated CascadeWorks Clarity's ability to be easily configured to meet the needs of many large organizations." Customer Wins Validate Services E-Procurement Market Services e-procurement is a new application category that describes the strategic purchasing of corporate services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. and management of services vendors through a collaborative hosted application. With services spend representing between one-third to upwards of two-thirds of a company's annual purchase dollars, the opportunities for cost savings and strategic impact are significant. "CascadeWorks, a pioneer of the services e-procurement market, has established through its initial customers Autodesk and Inktomi that there is a significant need for this type of solution," said John DeSimone, senior analyst of the Delphi Group. "We anticipate that large companies deploying CascadeWorks Clarity will realize cost savings and process efficiencies almost immediately upon implementation." About Autodesk Autodesk is the world's leading design and digital content creation resource. The company provides software and Internet portal services to help customers drive business through the power of design. One of the largest software companies in the world, Autodesk helps designs become a reality for more than four million customers in more than 150 countries. For more information, contact any authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: Autodesk Reseller or call Autodesk at 800/964-6432, or visit www.autodesk.com. Discreet(TM) product information is available at 800/869-3504 or on the Web at www.discreet.com. Autodesk shares are traded on the Nasdaq international market under the symbol ADSK ADSK Autodesk, Inc. (NASDAQ stock symbol) . About CascadeWorks CascadeWorks provides solutions for the services e-procurement market. The flagship application, CascadeWorks Clarity, streamlines the complex processes involved in procuring and managing a company's contingent workforce. CascadeWorks' charter customers include Autodesk and Inktomi. Based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CascadeWorks is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with venture capital backing from New Enterprise Associates (NEA NEA abbr. 1. National Education Association 2. National Endowment for the Arts NEA (US) n abbr (= National Education Association) → Verband für das Erziehungswesen ). For more information, please visit: www.cascadeworks.com. |
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