OutlookSoft Corporation today introduced its OutlookSoft BPF
Marketplace as the industry's foremost delivery model and
technological approach to leverage BPFs (Business Process Flows).
Immediately available, OutlookSoft BPF Marketplace is a
community-based repository in which OutlookSoft 5 customers can share,
download, use and improve upon BPFs.
By delivering the first pre-packaged process intelligence to the
Performance Management industry, OutlookSoft positions itself as the
only vendor in the market with the ability to truly align financial
and operational activities with business performance objectives. With
BPFs, OutlookSoft provides not only the business process, but all the
associated tools required to manage and execute the process for
optimum performance in one unified application platform.
Historically, software has been sold and implemented according to
features, functions or databases. Users still needed to customise the
application for every new performance process added. Now organisations
can configure new or existing business process flows by leveraging the
pre-packaged functionality inherent in OutlookSoft 5. Alternatively,
they can utilise the on-demand nature of the BPF Marketplace by
downloading a business process flow at the time the process is needed.
"Companies are not as good at measuring performance as they would
like to be--particularly for those business processes for which
managing performance is most important," said Mark Koenig, vice
president at research and strategy consultancy Saugatuck Technology
Inc. "OutlookSoft BPFs offer optimisation of business processes
through improved alignment and improved decision making based on more
useful information and better information sharing."
BPFs uniquely extend the value of performance management through
process. Adding performance management to traditional workflows or
managed business processes, OutlookSoft 5 BPFs are structured
processes that span multiple groups, deliverables, and activities.
These configurable processes guide and coordinate end users
step-by-step to mange shared financial and operational goals.
"Providing prepackaged BPFs is critical because customers can now
focus on managing the performance of their business instead of
spending a lot of resources customising disparate tools and
applications," said Christian Gheorghe, executive vice president and
chief technology officer at OutlookSoft. "OutlookSoft 5 BPFs and their
delivery through the BPF Marketplace, assure financial business
processes are unified with operational business processes--thereby
providing the ability to align the whole organisation along strategic
goals and immediately take action proactively rather than reactively."
With the launch of the OutlookSoft BPF Marketplace, OutlookSoft
provides customers with immediate access to core business process
flows such as customer acquisition, profitability and retention, risk
assessment, strategic planning, financial consolidation and reporting,
and financial budgeting and forecasting. As a result, customers are
adopting BPFs as a part of their best practices to ensure overall
performance is on track and in compliance with corporate goals and
regulatory mandates.
"BPFs support real application intelligence, and with them we are
setting the new industry standard for how to best achieve a shared
business goal," said Phil Wilmington, chief executive officer at
OutlookSoft. "OutlookSoft BPF Marketplace is the benchmark for the way
enterprise software must operate to be truly successful in today's
environment - collaborative, accessible, and agile."
About OutlookSoft
OutlookSoft Corporation provides unified, predictive performance
management solutions. The essential platform for continuous enterprise
optimisation, OutlookSoft 5(TM) is the foundation for better financial
and operational decisions. OutlookSoft empowers every user to optimise
performance through a unified view and immediate insight into critical
information. The first company to enable predictable performance,
OutlookSoft ensures timeliness, accuracy and transparency in decision
making across the enterprise.
With offices throughout the world, OutlookSoft is widely
recognised for its innovation and customer satisfaction across diverse
industries. For more information, please visit www.outlooksoft.com or
call (203) 964-3100.
OutlookSoft and the OutlookSoft logo are registered trademarks of
OutlookSoft Corporation. All other brand or product names are
trademarks of their respective companies.
