CorVu Corporation and Prophecy International Announce Strategic Enterprise Management Solution.MINNEAPOLIS--(BUSINESS WIRE)--May 18, 1999-- -- Integrated Performance Management and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. Suite Helps Customers Translate Corporate Strategy into Measurable Action -- Responding to the increased demand for connecting back-end enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP) systems with front-end business performance management capabilities, CorVu Corporation and Prophecy International have joined forces to deliver a strategic enterprise management solution. Through this alliance, Prophecy has embedded CorVu's Balanced Scorecard Balanced Scorecard A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing and Business Intelligence solution directly into its object-oriented financial management and ERP suite, ProphecyOpen(TM). The integrated solution will provide customers in industries such as utilities, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , government and healthcare, with a customized "out-of-the-box" ERP and business performance management solution. The end result will help users to better manage business performance and conduct strategic enterprise business planning. "This is an exciting relationship with Prophecy because it represents a paradigm shift A dramatic change in methodology or practice. It often refers to a major change in thinking and planning, which ultimately changes the way projects are implemented. For example, accessing applications and data from the Web instead of from local servers is a paradigm shift. See paradigm. in the way organizations are implementing their ERP solutions," said Justin MacIntosh, president of CorVu Corporation. "To better manage business performance and communicate corporate goals throughout all levels of an organization, today's customers must unlock the strategic value of their ERP data. By partnering with Prophecy, we are able to fulfill this need by seamlessly integrating CorVu's proven Balanced Scorecard solution with Prophecy's scalable ERP package, thus providing a comprehensive strategic enterprise management n easy-to-use `point and click' GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. . In addition, users can identify causal relationships between tactical activities and performance results by drilling directly into Es a powerful and complementary combination," sa make more effective business decisions and identify when to make appropriate process changes within their E a matter of hours." CorVu and Prophecy hecurity profile of the ProphecyOpen solution. Pr code based ERP solutions that can take as longn introduced their business performance methodology called the Balanced Scorecard in their 1992 Harvard Busiization. About Prophecy Prophecy International develops, sells and supports business application and development software for managing the financial operations of medium to large organizations, in both the private and public sectors. From its foundation in Adelaide, South Australia South Australia, state (1991 pop. 1,236,623), 380,070 sq mi (984,381 sq km), S central Australia. It is bounded on the S by the Indian Ocean. Kangaroo Island and many smaller islands off the south coast are included in the state. in 1980, it has grown into a multi-national corporation, with regional offices in the USA, UK and Malaysia. The Prophecy family of products is sold through a global network of Business Partners who commit financial and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. to marketing, sales and support. The company has over 750 sites using its business applications around the world. About CorVu Corporation CorVu is the leading global provider of Balanced Scorecard, Business Performance Management and Business Intelligence Solutions. Combining OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. query and reporting, executive dashboard alerts, forecasting, what-if analysis and Balanced Scorecard applications, CorVu provides the most complete Business Intelligence solution available today. CorVu has U.S. offices in Minneapolis, Atlanta, Boston, Cincinnati, Dallas, Los Angeles, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , San Francisco, and Washington D.C.; Australian offices in Sydney, Melbourne, Brisbane and Perth; and European offices in London, Rotterdam and Sheffield. With more than 2000 customers, including companies such as BHP, Datacard, Mincom, Prudential, Johnson & Johnson, Unisys, Ford Motor Company and BF Goodrich, CorVu's Business Intelligence, Performance Management and Balanced Scorecard solutions are gaining broad market acceptance. Additional information about CorVu products and services can be found on CorVu's Web site at http://www.corvu.com or call (800) 610-0769. |
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