|View printer-friendly version|
|Lawson Introduces First Landmark-Developed Application Designed for SOA; Lawson Strategic Sourcing Helps Customers Improve Supplier Relationships; Reduces Time and Costs Associated With Sourcing Events|
ST. PAUL, Minn.--(BUSINESS WIRE)--April 10, 2006--Lawson Software (Nasdaq:LWSN) today announced its first Landmark-developed application, Lawson Strategic Sourcing, to help customers improve the way they develop and manage supplier relationships. Landmark applications are specifically designed to deploy in a service-oriented architecture (SOA) and to help Lawson and its customers to more quickly and easily modify business processes to better adapt to rapidly changing business or technology needs.
The introduction of Lawson Strategic Sourcing at Lawson's Conference and User Exchange (CUE) 2006 represents the fulfillment of the company's commitment made last May during the CUE 2005 conference to deliver a Landmark-developed application within one year.
Landmark is Lawson's next-generation business application platform based on a SOA, which was designed to bring simplicity, adaptability and manageability to enterprise applications.
Government customer Buncombe County, N.C., has been a beta user of Strategic Sourcing. The organization was able to incorporate new requirements delivered as part of the beta software instead of waiting until Lawson's next product release, illustrating how Landmark delivers high-quality applications faster than traditional development approaches.
"We sought to improve our relationships with our suppliers and reduce the time and costs associated with sourcing events through more efficient electronic processes," said Sonia Burgin, Project Manager for Buncombe County. "Strategic Sourcing allows us to have greater visibility into our spending, increasing our control over the source-to-settle process."
Strategic Sourcing is designed to support the acquisition of goods and services with an optimal balance of cost, quality and service while promoting adherence to internal controls and external regulatory compliance requirements.
Strategic Sourcing can be set up to significantly reduce the time and costs associated with sourcing events through the utilization of more efficient electronic processes. Functionality encompasses automation of key sourcing events such as request for proposal (RFP), bid analysis and bid award, and for the public sector, a bid tracking system to support compliance with federal, state or locally mandated requirements.
The application also includes setup of predefined information for rapid event creation, including standard terms and conditions, questions and templates, as well as integrated creation of purchase orders and vendor agreements from awarded events. And event analysis allows for comparisons of responses and multiple ways to award the events, driving efficient management of the entire source-to-settle business process.
Lawson Strategic Sourcing is also designed to create more collaborative relationships with suppliers by helping make it easier for suppliers to do business with them on their time. It provides convenient, secure, 24/7 access so that suppliers can manage opportunities and processes at any time. Also, an interactive environment enhances collaboration between customers and suppliers with online tools and alerts and allows for consistent bidding and award processes, including sealed/encrypted bids.
"With Landmark, Lawson customers can receive new industry or functional-specific applications faster than before and Strategic Sourcing proves that," said Dean Hager, chief product officer, Lawson Software. "Lawson is delivering SOA-based applications today, not at the end of the decade, which means our customers can enjoy the business flexibility benefits of SOA that much sooner, giving them a competitive advantage."
About Lawson Software
Lawson Software provides business application software and consulting services that put time on the side of services organizations in the healthcare, retail, government and education, banking and insurance and other markets. Lawson's software suites include enterprise performance management, distribution, financials, human resources, procurement, retail operations and service process optimization. With headquarters in St. Paul, Minn., Lawson has offices and affiliates serving North and South America, Europe, and Africa. Visit www.lawson.com for more information. Lawson Software and Lawson are registered trademarks of Lawson Software, Inc. All rights reserved.
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software, Inc., and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in the company's ability to realize synergies and revenue opportunities anticipated from the Intentia International acquisition; uncertainties in the software industry; global military conflicts; terrorist attacks in the United States, and any future events in response to these developments; changes in conditions in the company's targeted service industries; increased competition and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission and as included in other documents the company files from time to time with the Commission.
CONTACT: Lawson Software
SOURCE: Lawson Software