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Acorn Systems Announces a "Safe Harbor" Migration and Trade-in Program for Companies using SAS' Oros or Business Objects' Metify Activity-Based Costing Software
Acorn offers a complete migration package including trade-in credit, conversion process to fast-track migration to Acorn, and world-class consulting services to complete migration within months
HOUSTON, TX, May 5, 2008 – Acorn Systems, Inc. today announced the launch of a safe harbor migration program for users of legacy activity-based costing systems, including SAS' Oros (formerly ABC Technologies) and Business Objects/SAP Metify (formerly Armstrong Laing Group or ALG). The Acorn migration program is designed to make it safe, easy, and cost effective for users of legacy systems to migrate to Acorn's best-of-breed activity-based costing and profitability solution.
Current users of Oros and Metify are increasingly looking to switch to state-of-the-art solutions because of expiring maintenance and support of their legacy packages, a high cost of ownership, and their current systems' inability to meet today's complexity and enterprise scalability requirements. Customers who leverage Acorn's Safe Harbor Migration Program will benefit from:
• Acorn's proven success and experience in migrating from Oros and Metify to Acorn Performance Analyzer™.
• A proven migration process to fast-track the conversion of current activity-based costing models into Acorn's application
• Acorn's world class consultants who are domain experts experienced in such migrations
• A trade-in credit for legacy software packages applied towards an Acorn solution
"In the last three quarters, we have seen unprecedented velocity in the international marketplace of companies migrating from legacy costing systems to more feature-rich, best-of-breed costing and profitability solutions," said Chris Fraga, Chief Strategy Officer of Acorn Systems. "Based on our success in replacing these legacy systems and the market's interest, we have designed a trade-in and migration program to ensure a fast, successful, and financially palatable conversion. Customers who have already made the migration to Acorn have benefitted by lowering their total cost of ownership in terms of reduced maintenance fees and people expenses, while gaining a higher level of functionality in terms of costing and profitability modeling and optimization capabilities."
The market for profitability modeling and activity-based costing software is robust, as is the broader Corporate Performance Management software market overall. According to Gartner's Dataquest Publication titled "Market Trends: CPM Suites, Worldwide, 2006-2011", dated November 13, 2007, by Dan Sommer and Neil Chandler"…profitability modeling and ABC (Activity-based costing) are increasingly considered part of an overall CPM Strategy, which will aid in the continued growth of CPM".
About Acorn Systems, Inc.
Acorn Systems provides profit improvement solutions that enable clients to maximize revenue, minimize cost, and improve operational efficiencies. Acorn reveals profit improvement opportunities across the enterprise — customers, channels, segments, products, vendors and processes — enabling clients to make continuous, fact-based decisions to improve their bottom line and Earnings per Share (EPS). Acorn's unique and proven approach to profit improvement is used by leaders in Financial Services, Retail, Consumer Products, Manufacturing, Distribution and Logistics, who have realized over $1B in annual profit improvements and created over $9B in new shareholder value. For more information, visit www.acornsys.com or contact ssales@acornsys.com.
Contact:
Acorn Systems
Kim DeSmyter Box
713-963-9000 ext. 2017
kbox@acornsys.com
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