Westmont, IL - May 14, 2001 -Silvon Software, Inc., has added an Activity Cost Management (ACM) software module to its Stratum™ suite of business performance management applications. The new application allows companies to assign, measure and manage overhead costs related to customer, product and operational activities.
“Many organizations understand their overhead costs, but few gone as far as assigning those costs to business activities. Even fewer have drilled to the customers or product level to determine which overhead activities are most profitable or most costly,” said Michael J. Hennel, president and CEO of Silvon. “The Stratum Activity Cost Management module addresses this challenge by measuring the impact of sales, transportation, labor, benefits, utilities, depreciation and other resources on the profitability of customers. It also monitors efficiencies related to pricing, selling, order processing and delivery.”
Stratum ACM provides more than 30 pre-defined analytics and reports covering these areas:
The Stratum Activity Cost Management module integrates with leading activity-cost modeling solutions, providing inputs to these applications for cost-modeling purposes. Resulting cost calculations are sent back to Stratum ACM for customer, product and operational data analysis.
Stratum ACM facilitates the evolution of Finance departments from record keepers to strategic advisors by providing analytics for key financial management decisions regarding customer/product profitability, operating cost reductions, positioning the business for profitable growth, and overall cost control.
Stratum ACM is appropriate for organizations pursuing initiatives to reduce operating costs, evaluating downsizing programs or facing budget or funding reductions.
The Stratum suite of business performance management applications from Silvon Software features completely integrated modules for Sales Performance Management, Marketing Performance Management, Manufacturing Performance Management, Procurement Performance Management, e-Business Performance Management, Customer Relationship Analytics and Activity Cost Management. The Stratum suite includes Silvon's DataTracker technology featuring a relational data warehouse, on-line analytical processing engine, closed-loop processing functionality, a built-in planning application, and enterprise connectors for extracting, transforming and loading data from ERP, CRM and other web-based business transaction systems into the data warehouse. The product line also features hundreds of pre-built, best-of-breed analytical views and reports based on supply chain-specific business models.
Silvon Software is a global supply chain-focused business intelligence solutions provider headquartered in the western Chicago suburb of Westmont, Illinois. Since 1987, Silvon has focused on software-based business intelligence/analytic application solutions for manufacturing, wholesale distribution and retail organizations. Silvon solutions are predicated on the fact that a better business understanding will empower the move toward an optimized supply chain. Silvon clients benefit from improving business practices and profitability by leveraging analytic information on customers, suppliers, and operational performance. Silvon's analytic applications run on the IBM AS/400, Windows NT and Unix platforms, and are supported by a network of OEMs, value-added resellers and independent distributors. The company's solutions are currently installed in more than 1,400 sites worldwide.
Pat Hennel
Silvon Software, Inc.
Phone: 630-655-3313
pat.hennel@silvon.com
Tim Boivin
TechImage (for Silvon Software)
Phone: 847-279-0022 (x229
tim.boivin@techimage.com