Kent Electronics Corp. & SARGENT Manufacturing Select Optika's Acorde to Streamline Transaction Processes.
Business Editors/High-Tech Writers
COLORADO SPRINGS Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , Colo.--(BUSINESS WIRE)--March 6, 2001
Acorde and J.D. Edwards (J.D. Edwards & Company, Denver, CO, www.jdedwards.com) A developer of multinational, integrated enterprise software for distribution, finance, human resources, manufacturing and supply chain management. Integrations Will Increase Efficiency and
Optika Inc. (Nasdaq:OPTK), a leading provider of collaborative commerce software, Tuesday announced that Kent Electronics Corp. and SARGENT Manufacturing have purchased the Acorde suite of imaging, workflow and collaboration software See collaborative software. .
The two industry leaders will deploy Acorde Context and Process along with the Acorde 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. B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.
B2B - business to business Pak, which enables seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with existing J.D. Edwards enterprise business systems.
Kent Electronics Corp. (NYSE NYSE
See: New York Stock Exchange :KNT KNT Knight
KnT Kino No Tabi (book series by Keiichi Sigsawa) ), a recognized leader in the electronics industry focusing on specialty distribution and network integration, will utilize Acorde Context and Process to streamline and automate its accounts payable processes.
Leveraging Acorde will allow Kent to enhance the capabilities of its J.D. Edwards WorldVision application as well as automate its time-consuming voucher entry process.
"We are excited to implement the Acorde product family to automate our business processes and more effectively leverage our business content throughout our WorldVision application," said Jared Cornman, Kent Electronics manager-client services.
"We plan to implement the suite of workflow process, storage and retrieval capabilities to reduce our costs and decrease our cycle times, saving our associates significant manual effort in daily business processes."
SARGENT Manufacturing Co., one of the world's leading manufacturers of architectural hardware for commercial construction, institutional and industrial markets, is part of the ASSA ABLOY The ASSA ABLOY Group is a Swedish company. The group is the world's leading manufacturer and supplier of locks. ASSA ABLOY was formed in 1994 when ASSA Ab was detached from Swedish security firm Securitas AB. Group, the world's leading manufacturer and supplier of locks and associated products.
SARGENT will implement Acorde Context and Process to more effectively perform data entry into its OneWorld system, automate its accounts payables processes and improve retrieval and storage of critical A/P A/P Airport
A/P Accounts Payable
A/P Advanced Placement (education)
A/P Assessment & Plan (medical)
A/P Automatic Pilot
A/P Aircrew Personnel information. In addition, SARGENT will utilize the Optika App Connector tool for retrieving data from its legacy IBM mainframe IBM mainframes, though perceived as synonymous with mainframe computers in general due to their marketshare, are now technically and specifically IBM's line of business computers that can all trace their design evolution to the IBM System/360. system.
"We are excited about Acorde's ability to improve productivity while enabling us to take advantage of our investment in J.D. Edwards OneWorld," said Dave Ambrosini, chief financial officer of SARGENT Manufacturing.
"By leveraging the process automation, storage and retrieval, and collaboration capabilities of Acorde, we expect to dramatically reduce the time and effort required for data entry and transaction management. The seamless integration of Acorde and J.D. Edwards is an intuitive, robust solution to our costly processing needs."
"We are pleased with the momentum Optika is gathering in the marketplace as a result of these and other Acorde customer wins," commented Mark K. Ruport, president, chief executive officer and chairman of Optika.
"Industry leaders like SARGENT and Kent are recognizing the enormous value in implementing a flexible, scalable solution across their enterprises. Not only can they now more fully leverage their J.D. Edwards infrastructure, but they have the inherent capability to conduct business more efficiently with customers and partners."
Headquartered in Colorado Springs, Optika Inc. is a leading provider of collaborative commerce software. Optika's Acorde(TM) family of Internet software solutions allows companies and trading partners to more efficiently and cost-effectively identify, discuss and resolve business-to-business transaction issues.
By enabling companies to establish Web resolution hubs -- virtual communities that provide secure access to relevant information and real-time exchange capabilities -- the Acorde product family increases trading partner loyalty, reduces costs and improves trading partner efficiency.
With more than 1,800 customers worldwide, Optika drives business decisions for profitability in leading companies such as The Home Depot, Turner Broadcasting Systems, Siemens Communications, Southwest Airlines, Verizon Wireless and Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters.
Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. .
Optika was again named one of the Top 500 Technology Companies in 2000 by Software Magazine. For more information about Optika and Acorde, contact the company at 719/548-9800 or visit www.optika.com.
Except for historical information contained herein, the matters discussed in this news release may contain "forward-looking statements" that involve risks and uncertainties.
Factors that could cause actual results to differ materially include, but are not limited to, adoption of the Acorde product family by Optika's customers, general business conditions in the software industry, Optika's relationships with its partners, availability of competing products and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission, including Optika's annual report on Form 10-K Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.
See 10-K. .