Infor Leads Ranking of Performance Management Vendors
Ventana Research Ranks Infor as Overall Leader in Annual Performance Management (PM) Assessment
Atlanta, GA, January 23, 2007 --(PR.com)-- Infor, one of the largest global providers of enterprise software, today announced Ventana Research has ranked Infor as the overall leader for enabling Performance Management (PM) in an organization. More than 10 leading PM vendors were evaluated on the basis of the functional capabilities of their solutions. With an overall score of 97 percent, Infor was ranked highest for companies seeking a PM solution provider.
“The challenge in providing technology for performance management is delivering capabilities that can meet the wide range of requirements of mid-size to large organizations,” said Mark Smith, CEO and EVP Research, Ventana Research. “In its product offerings, Infor has continued to introduce new capabilities to ensure that organizations can align, optimize and understand their organizational performance.”
“The robust methodology of the Ventana Research Scorecard highlights the depth and breadth of Infor’s strength in performance management,” said Curtis Gekle, senior vice president Performance Management, Infor. “This independent report underscores what our customers already know: performance management solutions with business specific functionality built-in offer more value than any one-size-fits all approach.”
The Ventana Research Performance Management Vendor and Product Scorecard, available this week, is a tool organizations can use to improve their understanding of how well different software and solutions may meet their PM requirements. The annual report involved more than 10 vendors, 337 questions and 46 functional capabilities. Ventana Research, considered one of the leading research firms for performance management, plays a significant role in guiding customers through the purchase process for these solutions.
The scorecard ranks each vendor’s and product’s compliance to the Ventana Research PerformanceCycle™ methodology, designed to ensure the alignment of an organization’s IT investment and resources with the business requirements for managing performance. Out of three total categories, Infor ranked first in two and second in a third, leading to an overall ranking of first among all vendors. The report is broken out into three steps to achieve an overall score: Align, Optimize and Understand.
• Align: This step is focused on ensuring that the recommended actions and plans are in the direct path for reaching the goals, objectives and initiatives set out by executives and management. Infor ranking: 97.1 percent
• Optimize: This step is focused on planning for future actions and decisions to define the goals, objectives and initiatives as set out in the Align step. Infor ranking: 95.8 percent
• Understand: This step is focused on reviewing the historical performance of people and processes, enabling companies to understand how results impact the organization. Infor ranking: 97.5 percent
According to Ventana Research, companies that do not utilize a methodology for evaluating their business processes and IT investments for performance management could waste years and significant amounts of money by trying to take shortcuts and selecting approaches not fine-tuned to their organization – and perhaps never get the full benefits they expect. Any organization looking to assess, validate and improve its PM processes and systems should consider the findings of the scorecard.
Infor’s comprehensive suite of performance management (PM) solutions helps companies achieve greater alignment between business strategies and operational budgets and activities; ensures the accuracy of statutory reports and the supporting financial management processes; and identifies and plans for the trends, factors and risks that could affect future business performance. Infor PM includes applications for planning, budgeting, financial consolidation, reporting and analysis, risk management and subsidiary management, and provides scorecarding functionality. Infor also offers customized business intelligence solutions.
About Infor
Infor delivers fully integrated enterprise solutions for specific industries, as well as best-in-class standalone products that address the essential challenges its customers face in areas such as enterprise resource planning, supply chain planning and execution, customer and supplier relationship management, asset management, product lifecycle management, and business intelligence. With more than 8,100 employees and offices in 100 countries, Infor provides enterprise solutions to more than 70,000 customers. For additional information, visit www.infor.com.
About Ventana Research
Ventana Research is the leading research and advisory services firm focused on the intersection of people, processes, information and technology to enable breakthrough performance. By providing expert insight and detailed guidance, Ventana Research helps clients operate their companies more efficiently and effectively. To learn how Ventana Research Performance Management workshops, assessments and advisory services can impact your bottom line, visit www.ventanaresearch.com.
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Media Contacts:
Justin Siefert
Wunderkind Public Relations
(404) 601-3660 x113
jsiefert@wunderkindpr.com
“The challenge in providing technology for performance management is delivering capabilities that can meet the wide range of requirements of mid-size to large organizations,” said Mark Smith, CEO and EVP Research, Ventana Research. “In its product offerings, Infor has continued to introduce new capabilities to ensure that organizations can align, optimize and understand their organizational performance.”
“The robust methodology of the Ventana Research Scorecard highlights the depth and breadth of Infor’s strength in performance management,” said Curtis Gekle, senior vice president Performance Management, Infor. “This independent report underscores what our customers already know: performance management solutions with business specific functionality built-in offer more value than any one-size-fits all approach.”
The Ventana Research Performance Management Vendor and Product Scorecard, available this week, is a tool organizations can use to improve their understanding of how well different software and solutions may meet their PM requirements. The annual report involved more than 10 vendors, 337 questions and 46 functional capabilities. Ventana Research, considered one of the leading research firms for performance management, plays a significant role in guiding customers through the purchase process for these solutions.
The scorecard ranks each vendor’s and product’s compliance to the Ventana Research PerformanceCycle™ methodology, designed to ensure the alignment of an organization’s IT investment and resources with the business requirements for managing performance. Out of three total categories, Infor ranked first in two and second in a third, leading to an overall ranking of first among all vendors. The report is broken out into three steps to achieve an overall score: Align, Optimize and Understand.
• Align: This step is focused on ensuring that the recommended actions and plans are in the direct path for reaching the goals, objectives and initiatives set out by executives and management. Infor ranking: 97.1 percent
• Optimize: This step is focused on planning for future actions and decisions to define the goals, objectives and initiatives as set out in the Align step. Infor ranking: 95.8 percent
• Understand: This step is focused on reviewing the historical performance of people and processes, enabling companies to understand how results impact the organization. Infor ranking: 97.5 percent
According to Ventana Research, companies that do not utilize a methodology for evaluating their business processes and IT investments for performance management could waste years and significant amounts of money by trying to take shortcuts and selecting approaches not fine-tuned to their organization – and perhaps never get the full benefits they expect. Any organization looking to assess, validate and improve its PM processes and systems should consider the findings of the scorecard.
Infor’s comprehensive suite of performance management (PM) solutions helps companies achieve greater alignment between business strategies and operational budgets and activities; ensures the accuracy of statutory reports and the supporting financial management processes; and identifies and plans for the trends, factors and risks that could affect future business performance. Infor PM includes applications for planning, budgeting, financial consolidation, reporting and analysis, risk management and subsidiary management, and provides scorecarding functionality. Infor also offers customized business intelligence solutions.
About Infor
Infor delivers fully integrated enterprise solutions for specific industries, as well as best-in-class standalone products that address the essential challenges its customers face in areas such as enterprise resource planning, supply chain planning and execution, customer and supplier relationship management, asset management, product lifecycle management, and business intelligence. With more than 8,100 employees and offices in 100 countries, Infor provides enterprise solutions to more than 70,000 customers. For additional information, visit www.infor.com.
About Ventana Research
Ventana Research is the leading research and advisory services firm focused on the intersection of people, processes, information and technology to enable breakthrough performance. By providing expert insight and detailed guidance, Ventana Research helps clients operate their companies more efficiently and effectively. To learn how Ventana Research Performance Management workshops, assessments and advisory services can impact your bottom line, visit www.ventanaresearch.com.
###
Media Contacts:
Justin Siefert
Wunderkind Public Relations
(404) 601-3660 x113
jsiefert@wunderkindpr.com
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Kayla Eubanks
404-601-3660
www.infor.com
Kayla Eubanks
404-601-3660
www.infor.com
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