CorVu and MicrOpay Team Up to Provide Complete Human Resource Performance Management.MINNEAPOLIS--(BUSINESS WIRE)--June 24, 1998-- Integrated business intelligence applications improve customers' payroll and HR management CorVu Corporation, the leading provider of Performance Management, 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 solutions, and MicrOpay, a leading provider of Payroll 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. (HR) management software, announced today they have entered a partnership to provide HR and payroll management applications integrated with Business Intelligence, and Performance Management. The integration of MicrOpay's HR management applications and CorVu's Business Intelligence and Performance Management applications will provide companies with a complete Human Resource Performance Management solution. Under the agreement, MicrOpay will integrate the CorVu Integrated Business Intelligence Suite into MicrOpay Payroll and HR solutions. This will provide MicrOpay clients immediate access to previously unobtainable HR and payroll information. "With CorVu, customers can drill through their MicrOpay data to view trends in labor costs, attendance rates or any other payroll information they need," said Craig Craig , Edward Gordon 1872-1966. British theatrical producer, director, and designer whose innovative productions and simplified stage designs influenced modern theater. Osborne, managing director of MicrOpay. "CorVu gives our customers a quick and powerful method for accessing information like labor costs and productivity -- data already present in MicrOpay but not easy to get to." For instance, CorVu's Executive Alert module gives HR managers a graphical representation of the cost of labor for a given period. This means HR managers can quickly see information, such as: which departments are understaffed, or where payroll costs can be saved. "With this information xecutive Alert, Graphical Analysis and Report eeded in developing innovative software solutions that solve practical HR problems." MicrOpay has signed up as a value added reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). for the following CorVu sons. -- Graphical Analysis module, designed create informative visual reports on any HR or payroll function from this data. -- Report Writer module, designed for HR managers who need to produce sophisticated production reports. It features data and graphics, multi-level groupings and subtotals, as well as bitmaps and other multimedia objects. As with other CorVu modules, reports may also be scheduled for client or server execution and published on an intranet or the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . About CorVu CorVu Cor Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , 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 ; and Washington D.C.; Australian Australian pertaining to or originating in Australia. Australian bat lyssavirus disease see Australian bat lyssavirus disease. Australian cattle dog a medium-sized, compact working dog used for control of cattle. offices in Sydney, Melbourne, Brisbane and Peand services can be found on CorVu's Web site at http://www.corvu.com or call (800) 610-0769. Amarks or trademarks of their respective owners. MicrOpay is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the Commonwealth Bank of Australia. The Commonwealth Bank does not guarantee the obligations or performance of any subsidiary or the performance of the products offered by any subsidiary.
CONTACT: CorVu Corporation
Alan Missroon, 770/753-3190
amissroon@corvu.com
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