Avotus Adds to Expense Management Capabilities With ICM Procurement.Business Editors/High-Tech Writers TORONTO & BOSTON--(BUSINESS WIRE)--May 11, 2004 Innovative approach uses "product catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. " to ensure that all physical and logical assets are included in order to simplify provisioning Avotus Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture: AVS (Audio Video Coding Standard) A video compression technique developed by Chinese companies and supported by the Chinese government. Expected to provide better compression than MPEG-2, AVS was created to avoid paying royalties to the MPEG licensors, which are outside ) of Toronto, with U.S. headquarters in Boston, today announced Avotus ICM ICM Intercom ICM Integrated Crop Management ICM International Congress of Mathematicians ICM Information Classification and Management ICM Intelligent Contact Management (Cisco) ICM International Creative Management Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , an innovative solution that enables corporations to take control of the complex process of specifying, ordering, tracking and verifying the installation of data and telephone equipment and services. It ensures that companies receive the most advantageous terms and conditions, that orders are properly managed throughout the process, and that the required detail information is submitted to corporate inventory and financial systems. Avotus ICM Procurement also enables administrators to create "product catalogs" to allow fully packaged and automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. procurement processes for standard configurations, such as provisioning a branch office, retail store, or employee virtual office. Part of Avotus' Intelligent Communications Management Communications management is the systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization, and between organizations; it also includes the organization and dissemination of new communication directives connected with an (TM) (ICM) Expense Management solutions, ICM Procurement is available as a fully outsourced managed service, a remotely hosted solution, or an onsite application, depending on the customer's infrastructure and staffing priorities. "Ordering communications products and services is a complex problem that until now has not been able to take advantage of an automated system based on sound business processes and practices," commented Alan Gold Alan Gold may refer to:
Communications supply chain management Avotus ICM Procurement has been built from the ground up as a data and telephony provisioning system. It uses business rules to specify and automatically order logical assets. For instance, if an office requires a Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and , Avotus ICM Procurement will identify the proper networking equipment and software, specify the necessary carriers, and electronically order the assets. It will also coordinate the orders and schedule installation services. It then opens a tracking file that enables administrators to manage the entire procurement process. Avotus ICM Procurement handles disconnect disconnect - SCSI reconnect operations in the same manner. Part of a complete communications management system Avotus ICM Procurement is a part of Avotus Intelligent Communications Management, a comprehensive model for managing the entire communications environment. As such, once the procurement process is completed and the installation/service accepted, the new physical and logical assets are automatically added to, or removed from, inventory using the Avotus ICM Inventory Management module, which was recently announced by the company. This integration has the benefit of keeping the inventory current, eliminating yet another administrative step, and reducing the need for expensive and disruptive audits. Product catalog demonstrates the power Avotus' unique product catalog approach to communications procurement best exemplifies the power of Avotus ICM Procurement. Typically, each communications order is processed as a unique event, often by different individuals when, in fact, many installations are for similar operations/facilities. Avotus' product catalog enables administrators to create templates for similar orders offering a simple selection from an online catalog Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet. to help users move toward self-provisioning. Users simply select the proper template (1) A pre-designed document or data file formatted for common purposes such as a fax, invoice or business letter. If the document contains an automated process, such as a word processing macro or spreadsheet formula, then the programming is already written and embedded in the -- bank branch office, for instance -- and Avotus ICM Procurement packages all of the telephones, carrier lines, data networking components, and other equipment and services required to support the branch office. The powerful rules engine selects the appropriate local carriers and service providers based on the most advantageous terms and conditions. The order passes through a validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. process that checks against both internal company procedures and carrier rules. Then, Avotus ICM Procurement electronically orders all of the required logical and physical assets from all of the suppliers in the correct format for each vendor and schedules the installation. It is often able to directly place orders with vendors' back office systems through an electronic data exchange process. Users simply specify the location for the service and the required installation date, and Avotus ICM Procurement handles the rest. "The product catalog eliminates 'rogue' orders that result in confusion and expensive list-price rates, while freeing companies' technical staffs from mundane (jargon) mundane - Someone outside some group that is implicit from the context, such as the computer industry or science fiction fandom. The implication is that those in the group are special and those outside are just ordinary. , repeatable tasks. This way they can concentrate on higher-value activities," continued Gold. Avotus ICM Procurement is available immediately as a fully outsourced managed service, a remotely hosted application or as an onsite application, directly from Avotus. About Avotus Avotus provides solutions that dramatically reduce the cost and complexity of enterprise communications. Intelligent Communications Management is Avotus' unique model for a single, actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. environment that enables any company to bring together decision-critical information about communications expenses, infrastructure, and systems usage. Avotus is empowering Fortune 500 companies as well as more than 3,000 organizations worldwide to gain insight into and control over their communications environment. Whether deployed as an onsite or hosted application, or as a completely outsourced value-added solution, Avotus improves productivity and efficiency while enabling dramatic savings. The company has been consistently recognized for product and service excellence and thought leadership for more than two decades in a wide range of communications-intensive markets. Avotus' solutions are strongly supported and endorsed by industry-leading partners such as Avaya, Cisco, and Nortel. For more information, visit www.avotus.com. All trademarks are the property of their respective owners. EDITORS - For further information: Jo Martell Avotus Corporation 110 Matheson Blvd. W, Suite 300 Mississauga, ON L5R L5R Legend of the Five Rings 4G7 905-568-6895 Jo.Martell@avotus.com Sandy McLaughlin Soucy Communications Group 162 Great Rd. Acton, MA 01720 978-266-1700 SMcLaughlin@scg-pr.com |
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