Acorn Announces the Successful Replacement of Competitive, Commercially Available Products at Over Two Dozen Global 2000 Clients
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The Leader in Enterprise Performance Measurement Replaces Business Objects (including ALG, Armstrong Laing Group), Oracle (including Hyperion, PeopleSoft and Oracle), SAS, Teradata, and other BI - Oriented Offerings
Houston, TX, March 19, 2007 – Acorn Systems, the leading provider of solutions that enable companies to measure, analyze, and improve their profitability and performance, announces its successful replacement of the other commercially available Activity-Based Costing and Profitability software applications.
Speakers included Dr. Robert Kaplan, Harvard Professor, Dr. Werner Bruggeman, Steven R. Anderson, and executives of Coca Cola Enterprises Europe and Danisco Flavours. The event also featured a pre-release book signing by Dr. Kaplan and Mr. Anderson, co-authors of the newly released publication “Time-Driven Activity-Based Costing, A Simpler And More Powerful Path To Higher Profits, by Harvard Business School Press.
Acorn Systems, the leading provider of solutions that enable companies to measure, analyze and improve their profitability and performance, was featured as the Platinum sponsor and solution-of-choice for enabling Time-Driven Activity-Based Costing.
The one-day briefing featured the following speakers and topics:
Dr. Robert Kaplan, Harvard Business School, The Balanced Scorecard Collaborative, Palladium, and co-author of Time-Driven Activity-Based Costing, A Simpler And More Powerful Path To Higher Profits, among other publications
Topics: “Time-Driven Activity-Based Costing: The Fundamentals”; “Linking Strategic Planning with Operational Budgeting: The Role of Time-Driven ABC in Forecasting Future Resource Needs.”
Steven R. Anderson, Founder & Chairman of Acorn Systems, Inc., and co-author of Time-Driven Activity-Based Costing, A Simpler And More Powerful Path To Higher Profits
Topic: “Time-Driven ABC in the Financial Sectors: Utilizing Compton Financials, ATB Financial, CitiGroup, and Global Insurance Company Case Studies” from his recently released book.
Pascal Platteau, Financial Controller, Coca Cola Enterprises – European Supply Chain
Topic: Using Time-Driven ABC in Optimising Logistics and Distribution Processes.
Patrick Tanchot, Finance and Operations Controller, Danisco Flavour Division
Topic: Applying Time-Driven ABC in a Manufacturing Environment.
Dr. Werner Bruggeman, Professor and Principal, B&M Consulting
Topic: The Contribution of Time-Driven ABC to the Strategy Focused Organization: The Sanac Logistics Case.
“Acorn is honored to have sponsored such a premiere event, bringing together thought leaders, practitioners, clients, prospects and solution providers, all focused on practical ways to improve their profitability and performance in a meaningful and sustained way,” said Chris D. Fraga, Chief Strategy Office of Acorn Systems. “Over the last four years, early adopters in the Global2000 such as Coca Cola, Danisco and CitiGroup have already implemented and captured significant value from their Time-Driven ABC solutions. It’s exciting to see that Time-Driven ABC is now being embraced by mainstream Global2000 clients to achieve similar improvement in their businesses.”
“We are pleased to have hosted this Executive Briefing, and to share the exciting results from the implementation of Acorn Systems’ Time-Driven ABC application and methodology for customers like Coca-Cola Enterprises and Danisco Flavours,” said Kris Moreels, Managing Partner of B&M Consulting. “This revolutionary approach overcomes the pitfalls of traditional rate-based ABC and finally allows companies to capture true value from their implementations.”
About Acorn Systems
Acorn provides packaged software solutions, consulting services and a world-class partner network that enable leading companies to measure, analyze, and improve profitability and performance. Acorn’s Enterprise Performance Suite provides continuous, enterprise-wide visibility into costs, revenues, profits, and resource capacity/utilization, while Acorn’s targeted applications combine accurate analytics with business process applications that enable users to make informed, profitable decisions. Acorn Systems’ unique and proven approach to cost and profit analysis is verifiably accurate, auditable, scalable, and sustainable. Leaders in Financial Services, Retail, Consumer Products, Manufacturing, Distribution, and Logistics have realized over $1B in annual profit improvements as a result of implementing Acorn solutions. For more information, visit www.acornsys.com, or contact cfraga@acornsys.com.
About B&M Consulting, Benelux Affiliate of Palladium
B&M Consulting is a management consultancy firm specialising in management accounting, cost management, management control and strategy, to enhance business performance. B&M Consulting is the Benelux affiliate of Palladium Group (formerly Balanced Scorecard Collaborative). Founded by Drs Kaplan and Norton – co-creators of the Balanced Scorecard -- Palladium is the leading professional services firm solely focused on helping clients successfully execute strategy. The complementary combination of expertise in the Balanced Scorecard, the principles of the Strategy Focused Organisation, and Corporate Performance Management methodologies and technologies, is changing the way the world manages. For more info visit www.palladiumes.com, www.bmcons.com or contact kris.moreels@bmcons.com
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- We ultimately met with 20 of our largest accounts... Fifteen agreed to renegotiate the way we serve them, which doubled our operating profits in
- one year.
- Dave Deinzer, CEO
Denman Davis
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