Acorn Systems Brings Advanced Profit Improvement and Costing Solutions to Global Companies through Select Distributors
Houston, TX - June 9, 2006 -With a strong track record among major North American based corporations, Acorn Systems' leading profit improvement and Activity Based Costing solutions are now available in Europe, Turkey, the Middle East, South Africa and South and Central America. Acorn's powerful, easy to implement performance management solutions enable Global 2000 corporations to substantially improve their profits.
During the past two years, work by Dr. Robert Kaplan of Harvard Business School and the Balanced Scorecard Collaborative in Europe, Turkey and the Middle East propelled Acorn's launch in these areas and created demand for profit improvement solutions. Since launching, these Distributors have secured key clients including industry leaders such as Assan Aluminyum, Coca Cola, Danisco, Johnson & Johnson (Janssen Pharmaceutica), and TNT. These companies represent a variety of industries in Acorn's key target markets, including Consumer Packaged Goods, Distribution, Logistics, Manufacturing and Pharmaceuticals, and Financial Services. In 2006, Acorn added Distributors in South Africa and South and Central America to the company's expanding worldwide network.
"Acorn Systems' Global Go-to-Market strategy involves teaming with best in class distributor/resellers on a select basis who further team with leading consulting and technology partners to deliver total profit improvement solutions," said Chris D. Fraga, Chief Strategy Officer of Acorn Systems. "Oaklink, Batuman Consulting, Harvey Jones, and Technological Integrated Solutions extend Acorn Systems' North American presence by delivering to the European, Turkish, Middle Eastern, South African, and South and Central American markets fast time-to-value solutions that enable meaningful profit improvement. The marquee customer and partner base they have engaged with to date are a powerful testament to the power of the solution."
How Acorn's Solution Benefits Companies
Kris Moreels, Managing Partner of Oaklink, comments, "Acorn Systems' approach to costing and profitability improvement helped our customers overcome the traditional pitfalls of costing systems and makes it possible to model complex businesses without creating complex models. But above all, our customers are most impressed by the increase in profits they realized based on the information generated from the Acorn Solution."
"We see a huge trend towards profitability and costing initiatives worldwide and Acorn Systems is uniquely positioned to deliver the solutions that will make these initiatives succeed," said Deniz Batuman, Managing Partner of Batuman Consulting. "Acorn Systems provides the leading profit improvement solutions in terms of accuracy, scalability, and flexibility within the profit optimization space today."
"We see Acorn as a perfect fit with our current solution set," says Keith Jones, the Managing Director of Harvey Jones Systems. "Acorn Systems' alliances with Microsoft and ProClarity will allow our existing customers to drive further value from their solutions. Their alliances with the other technology vendors will enable us to work with and support a larger community going forward. We see the Acorn Systems type of solution as the most logical step in a business intelligence deployment. The quality of decisions made is directly related to the quality of the data delivered. If businesses are given a holistic, 'true' version of where the profits are coming from and what is driving their costs they can make highly effective decisions that drive real value into the business. The ROI of this kind of deployment is enormous."
"Acorn Systems Activity Based Costing Solutions allows us to get to the right level of detail, the level where the variations occur, and to make this information readily accessible to the level in the company where the right decisions are to be made," said Edgar Heymans, President of Technological Integrated Solutions. "The Acorn Systems solution is accurate and easy to use. As a result there are no more wrong decisions because managers could not reach the correct level of detail, and no more need to make decisions based on averages or summarized data."
Acorn Systems' Enterprise Performance Solution enables companies to have continuous, enterprise-wide visibility into performance measurement including costs, revenues, profits, and resource capacity utilization. Acorn Systems' MicrosoftSQL2005 based solution is implemented in months versus years, and integrates with clients' existing General Ledger, ERP, and functional applications, turning existing data into actionable insight. This insight shows where companies are making and losing money and why, enables sustained cost analysis and cost reduction, and helps them achieve profitable growth.
About Acorn Systems
Acorn Systems provides continuous enterprise-wide visibility into business performance, enabling profit improvement at a low total cost of ownership. Acorn Systems delivers a solution that is verifiably accurate, auditable and actionable. Acorn Systems' solution is flexible and dynamic and provides a sustainable, scalable platform for Corporate Performance Management. Their clients come from the Global 2000 in many industries including Financial Services, Retail, Manufacturing, Consumer Product Goods, and Distribution and Logistics. For more information about Acorn Systems visit www.acornsys.com.
About Oaklink (Europe)
Oaklink is the European Distributor of Acorn Systems. The company's business model is to cooperate with both consulting and technology partners in Europe for implementing Acorn Systems solutions. Since its inception two years ago, Oaklink has worked with numerous Global 2000 organizations to improve their performance by reducing costs and improving profitability.
About Batuman Consulting (Turkey and the Middle East)
Batuman Consulting is the Distributor of Acorn Systems in Turkey and the Middle East. Batuman has years of extensive experience in Corporate Performance Management consulting and next-generation Activity-Based Costing software implementation for Global 2000 companies. Batuman dynamically models clients' business processes and generates accurate, actionable, and transparent enterprise-wide profitability and costing information. Batuman then analyzes this valuable information, integrates it into clients' decision support systems, and provides dramatic improvements in profitability. For more information about Batuman Consulting visit www.batuman.com.
About Harvey Jones Systems (South Africa)
Harvey Jones Systems (HJS) is the leading provider of business intelligence solutions on the Microsoft platform in Africa. They were established in 1997 as a best practice solution provider in financial reporting and budgeting. HJS subsequently expanded into business intelligence and more recently business performance management and scorecarding. They have a blue chip client base, a strong network of partners and an excellent reputation in the market. HJS distributes and supports best in class solutions that help their clients improve decision making and increase profitability. The products they distribute are Acorn, ProClarity and Crystal Ball. For more information about Harvey Jones visit www.harveyjones.co.za.
About Technological Integrated Solutions (Central, Latin and South America)
Technological Integrated Solutions is a solutions firm dedicated to providing the best quality of actionable profit analysis and improvement data to their clients. The firm helps companies access accurate information about how business decisions will impact the organization's profitability, and enables employees to understand how their decisions will impact the company's profitability. Technology Integrated Solutions works with clients to give their organizations access to meaningful profitability data with feedback mechanisms so they can continually make business decisions that improve profitability.
For more information contact:
Ted Bockius, Vice President, Strategic Marketing