Engineering & Construction Firm, Burns & McDonnell, Selects LexisNexis InterAction for CRM.OAK BROOK, Ill. -- Ability to track and manage corporate relationships, experience and expertise critical to support project-based sales cycles LexisNexis A service that provides online legal and business information. Lexis was the first full-text information service for the legal profession. Nexis provides the archives of The New York Times as well as Wall Street industry analysis, public records, tax information, political analysis, SEC and Interface Software announced today that the 1800-person international engineering, environmental and construction firm of Burns & McDonnell has selected LexisNexis InterAction(R) as the organization's CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solution of choice. The firm will deploy InterAction to support its business development, cross-selling and client service efforts. Interface Software was recently acquired by LexisNexis, a leading provider of legal, news and business information services See Information Systems. . "InterAction's unique focus on relationship-based selling was compelling because this is what we do," commented Doug Riedel, vice president of sales at Burns & McDonnell. "We evaluated several CRM packages and InterAction was the one best suited to the way we do business." Burns & McDonnell had been using an in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. developed central database of names and addresses that, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Riedel, was difficult to access. And with only one person in the firm able to make updates in the system, the accuracy of the data was often suspect. As the firm has grown and more practice areas began calling upon the same clients, the shortcomings A shortcoming is a character flaw. Shortcomings may also be:
For instance, Burns & McDonnell often works for large clients on multiple projects that are sold and led by different practice area teams, or in different offices around the US. It would not be uncommon for one practice team to be in a sales cycle with the client and yet unaware of helpful strategic relationships held by colleagues in other practice areas that were already working for the client on different projects. "We must be able to effectively network the client organization in order to better serve our clients," said Riedel. Burns & McDonnell undertook a search for a CRM solution capable of tracking and managing their complex network of relationships, functionality that plays a key role in the firm's ability to win new projects. The firm looked at a number of solutions, from horizontally focused packages such as Siebel, Salesforce.com and Oracle CRM to smaller, vertical market niche products. Only InterAction provided the type of CRM functionality that was tailored to the services industry. "No other package came close to InterAction," said Gregory Gould, a vice president of Burns & McDonnell and the firm's chief technical officer. "The fact that Interface Software was already so successful in other professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. markets was also compelling." Burns & McDonnell plans on harnessing InterAction's centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. contact management, list management and marketing automation functionality, as well as such features as Who Knows Whom(TM) for corporate social networking See social networking site. social networking - social network . In the longer term, executives will also use the system for win/loss reporting, market and competition analysis, and to track suppliers. "The biggest benefits we expect from InterAction will be in the areas of cross selling across practice areas and office locations - knowing who knows whom - and in tracking our aggregate experience and expertise - what work we've done in the past," said Gould. "InterAction will make it very easy to track this information and help us understand our clients better as the firm grows." "Engineering and construction firms, and similar project-based services companies have unique sales models that require broad visibility into their collective relationships, experience and expertise," said Barry Solomon, Interface Software's executive vice president. "Burns & McDonnell understands this and by investing in InterAction has taken an ambitious step in supporting their growth and expansion strategy. We look forward to being a partner in their success." About LexisNexis and Interface Software LexisNexis(R) (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc (NYSE NYSE See: New York Stock Exchange : ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face erythema nodosum leprosum Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical ; NYSE: RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School) RUK Are You Kidding? ) (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. Interface Software, recently acquired by LexisNexis, is the leading provider of CRM solutions enabling professional services firms and similar relationship-based organizations to create the Relationship Intelligence they need to generate new business and enhance client service. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , LexisNexis InterAction, is a flexible and uniquely designed platform that delivers this Relationship Intelligence throughout the organization, quickly, efficiently and cost-effectively. Relationship Intelligence is a firm-wide asset that reveals the unique and complex connections between people, companies, relationships, experience and expertise, empowering professionals to leverage who and what they know to uncover new revenue opportunities, differentiate themselves from the competition and enhance client service. InterAction is internet-enabled, allowing professionals to view information however they choose--through knowledge management platforms, corporate portals An internal Web site (intranet) that provides proprietary, enterprise-wide information to company employees as well as access to selected public Web sites and vertical-market Web sites (suppliers, vendors, etc.). , intranets, extranets and wireless devices. Interface Software has received numerous accolades, including the Inc 500, the Deloitte & Touche Technology Fast 50 for Greater Chicagoland, the Deloitte & Touche Technology Fast 500 and the Upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside Hot 100. For more information please visit Interface Software's website at www.interfacesoftware.com. About Burns & McDonnell Founded in 1898, Burns & McDonnell Engineering Company, Inc. is an internationally recognized engineering, construction, environmental and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , with headquarters in Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. , and offices in 15 other US cities. Burns & McDonnell is a leader in many markets. The firm's cross-functional expertise and capabilities are applied to a broad array of projects that includes studies, design, planning, construction management and business analysis and consulting for Air Pollution Control Systems, Airports and Aviation Facilities, Architecture, Defense Facilities, Electric Substations, Transmission and Distribution, Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, , Environmental and Permitting Studies, Food and Food Ingredient Processing, Industrial Facilities, Information Technology, Laboratory Facilities, Management Services, Petroleum and Chemical Processing, Power Generation, Stormwater Management, Transportation Infrastructure, and Water Resources and Wastewater Management. Burns & McDonnell was ranked as the 32nd largest engineering firm and 149th largest contractor in the US according to the Engineering News Record's 2004 rankings of 500 largest engineers and 400 largest contractors. InterAction, InterAction Opportunities, InterAction Matters, InterAction Engagements, Watch List, Who Knows Whom and Relationship Map are trademarks of Interface Software, Inc. and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only. |
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