“PROPHIX for SQL Server is designed to engage the entire organization with a complete and integrated approach that both saves time and improves accuracy while enhancing data intelligence. The sophisticated Delta Analysis tools allow users to compare and contrast data for any time period at the click of a button,” notes Bally Boodram, Vice President of Marketing for PROPHIX Software. “By automating cumbersome, time-consuming manual tasks, such as importing and exporting data or distributing reports, PROPHIX for SQL Server helps companies organize, automate and analyze results to drive business performance.”

Leveraging Microsoft .NET technologies, PROPHIX for SQL Server supports hundreds of users and allows them to connect remotely over the Internet. PROPHIX for SQL Server also offers interoperability with other applications, such as Microsoft Reporting Services or other business intelligence applications.

“We’re very proud of the new features built into PROPHIX for SQL Server, adds Massimo Galati, Director of Product Management for PROPHIX Software. “The spreadsheet interface eliminates the learning curve by using Excel-like functionality without the problems typically associated with Excel. Tools such as Delta Analysis and InfoFlex have been developed that empower users to monitor, analyze and take action on their data more effectively and efficiently. PROPHIX for SQL Server is the culmination of over twenty years experience servicing finance and business decision makers throughout the world.”

PROPHIX for SQL Server, specifically designed for medium to large organizations and powered by Microsoft’s SQL Server, complements PROPHIX Software’s suite of financial performance management solutions, including PROPHIX Enterprise for small to medium-sized organizations and PROPHIX Express for smaller organizations. Further information on PROPHIX for SQL Server can be found at http://www.prophix.com/solutions/products/prophix_sql/.

These enhancements are specifically designed to meet the complex performance management needs of professional services firms. Since the initial launch of Clarity 6 Legal Edition in June 2007, approximately two dozen firms have increased efficiency and flexibility with the software solution. Out-of-the-box, the software is pre-defined to meet most of the specific needs of the industry, ensuring a fast implementation and immediate results.

“Clarity Systems is committed to improving financial processes and providing professional services organizations with clear insight into their corporate performance,” said Paul Hill , COO at Clarity Systems. “Clarity 6 Legal Edition 2.0 reflects our mission to provide professionals with the most comprehensive and innovative solution for improved financial performance in the industry.”

Clarity Systems’ expertise in providing legal vertical solutions is strengthened by its partnership with Thomson Elite , a leading provider of financial and practice management systems to professional services markets worldwide. Clarity 6 Legal Edition 2.0 integrates with Elite Enterprise databases, ensuring seamless integration among legal firms’ financial processes.

“Clarity software helps Thomson Elite ’s customers achieve success in business planning and budgeting as well as business plan management,” said John Callahan, director of product management, Business Intelligence, Thomson Elite. “With Clarity 6 Legal Edition 2.0, we deliver a solution built around legal market best practices that is flexible enough to support a firm’s unique planning and reporting requirements.”

“Clarity Systems offers the only CPM solution with the ability to automate the creation of external financial reports with a secure audit trail, automatic rounding, compliance checklists, workflow, and business rules – within an easy-to-use application,” says Mark Nashman , President, Clarity Systems. “This partnership with EDGARfilings further extends our solution by providing our customers with the ability to electronically file their financial documents with the SEC, in an EDGAR-ready format.”

Clarity FSR is a key component of Clarity 6 – the only web based, unified and open CPM solution available on the market. Now with Clarity 6 and EDGARfilings, organizations have a complete end-to-end solution for the financial close process as well as industry leading capabilities for budgeting, planning, reporting and analysis.

“As the most widely-used EDGAR conversion software, EDGARizer simplifies every step required to convert and transmit EDGAR compliant documents to the SEC,” says Andrew Neblett, CEO, EDGARfilings. “We are truly pleased to have Clarity Systems partner with us to broaden our offering with Clarity FSR software. With compliance and financial reporting requirements being top of mind for companies, adopting software solutions to streamline the process is a high priority. Clarity shares our strategy of developing high quality solutions for customers to simplify this process.”

EDGARfilings is the leading provider of EDGAR filing solutions, serving thousands of financial, legal and corporate clients across the globe since 1993. The company creates easy-to-use software and online applications while also delivering cost effective outsourcing solutions that provide financial professionals greater control, reduced cost and attractive documents compliant with SEC mandates.

Within a five year span that began in 2002, SourceForge has transformed itself from a hardware company to the global technology community’s hub for information exchange, goods for geeks, and open source software distribution and services. The company’s network of web sites serves more than 32 million unique visitors each month and includes SourceForge.net, Slashdot.org, ThinkGeek.com, Linux.com, and ITManagersJournal.

“SourceForge and our network of sites bring the global technology community together, but internally we found that certain financial processes were still very manual,” said Jeffrey Chalmers, corporate controller, SourceForge. “Since standardizing on Adaptive Planning, we’ve been able to streamline our budgeting and forecasting processes. By integrating Adaptive Planning with our general ledger system, Oracle Financials, we have made it easier for business users throughout the company to receive more accurate information on a more timely basis, and to better analyze both historical and forward-looking information.”

Prior to implementing Adaptive Planning, SourceForge’s financial planning system revolved around 17 interconnected Excel spreadsheets. The process of reporting to department heads involved another eight spreadsheets.

“Department heads had little say in the planning process because they lacked visibility into the information,” said Chalmers. “The situation came to a head when we were faced with presenting our annual plan to our board of directors. With our deadline fast approaching, we knew we needed a more efficient and reliable system.”

After implementing Adaptive Planning, the SourceForge team was able to create an annual plan, review it with senior management, and revise it in a brief two-day period. As a result of the application’s intuitive, spreadsheet-like interface and browser-based access, business unit owners and department heads from across the company were able to login and begin collaborating on the planning process.

Using Adaptive Planning, the company now revises its forecasts on a monthly basis, enabling key stakeholders to work with the most current actual and plan information in a single, easily-accessible online application.

“People who had never participated in the planning process are now creating their own budgets and managing monthly forecasts, which increases their financial accountability and gives department heads greater visibility for better decision-making,” added Chalmers.

SourceForge chose to deploy Adaptive Planning’s on-demand, software as a service option, allowing them to implement the solution quickly and easily, without placing any burden on IT resources. Another benefit of the on-demand model is that they receive automatic upgrades to new versions of the application, such as the recently-released Adaptive Planning 4.0.

SourceForge has integrated Adaptive Planning with their Oracle Financials system, enabling the company to more easily create reports and perform analyses that compare actuals to plan or forecast data. This integration will also help streamline month-end closing and SEC reporting.

“Automating our integration with Oracle eliminates manual uploading and report generation tasks during the month-end close process, when time is very valuable,” added Chalmers. “With Adaptive Planning’s latest 4.0 release, our department managers now have an extremely easy-to-use drag and drop reporting tool that incorporates actual data, allowing them to view their performance against plans and up-to-the-month forecasts.”

PROPHIX Express complements PROPHIX Software’s existing suite of financial performance management solutions, including PROPHIX for SQL Server™ and PROPHIX Enterprise. Providing budgeting, planning, analysis and reporting capabilities integrated in a single solution, PROPHIX Express also includes a pre-built dashboard and scorecards, financial reports and statements such as cash flow, balance sheet, headcount and profit and loss statements, as well as a personnel planning module and unique Delta Analysis tool, without forgoing ease of use.

“There’s a large segment of the market still relying on Excel for their budgeting and financial planning,” notes Bally Boodram, Director of Marketing for PROPHIX Software. “When it comes to financial performance management, Excel is insufficient, vulnerable to errors and significantly lacking. PROPHIX Express allows us to offer such businesses an affordable yet comprehensive solution quickly, enabling them to perform virtually any financial tasks in minimal time.”

Further information on PROPHIX Express, including a free demonstration, can be found at http://www.prophix.com/express.

The planning system encompasses over 70 LUKOIL Group’s Russian and foreign plants operating on four continents.

The elaborated system allows 2,000 employees from the Company’s subsidiaries and the Corporate Center to share a single information space on planning and budgeting using unified samples and algorithms, to assess investment projects feasibility in accordance with the corporate standards and with application of a unified methodology.

Under terms and conditions established by internal regulatory documents of the Company, the system provides for coordination and approval of separate investment projects, investment programs and plant budgets. Unified databank on investment projects, approved plans and budgets serves as the basis for further monitoring of project implementation and operations analysis of the subsidiaries.

Successful implementation of this project became possible due to a centralized approach applied to introduction of information technologies and systems, performed by OOO LUKOIL-INFORM, a single contractor.

The project was implemented as a result of joint efforts of the corporate center, industrial planning and economic departments and the Company’s subsidiaries.

The introduced system provides qualitatively new opportunities which increase efficiency of the LUKOIL Group’s investment projects portfolio, helps reduce the time scale for plan and budget preparation, and improves the quality of information used for top-level decision-making.

Application of the global integrated information system will help increase transparency of the Company’s operations and improve the quality of corporate governance.

“The popularity of dashboards is due to their ability to give CFOs and financial managers — not to mention CEOs — accurate and instant insight into the state of the business, which allows them to react faster to brewing issues. With this new dashboard capability, Budget Maestro now provides a complete Business Performance Management solution, allowing even the smallest companies to take advantage of this management trend,” said Centage Vice President of Sales and Marketing Jim Nauen.

The Budget Maestro Dashboard Kit is “very simple to use, and gives us clear, concise information on a monthly basis,” said Debbie Rapp, treasurer for Fleet Card Fuels.

The kit was tailored for the SMB market in several ways: 1. It leverages the ubiquitous Microsoft Excel(R) 2007 for dashboard creation, which contributes to its low license fee of $1,995. The kit comes with four Excel-based, Budget Maestro KPI templates, which users can customize. Users with Excel 2007 can also easily create additional dashboards if desired. 2. Users can leverage their own business intelligence (BI) software. Since the Dashboard Kit transforms the financial data in Budget Maestro into a “normalized” SQL database, the software is compatible with any BI tool that can read a SQL database, including PowerPlay(R) from Cognos, Crystal Xcelsius(R) from Business Objects, ProClarity(R)+ from Microsoft, and the soon to be released Microsoft Office PerformancePoint Server 2007. 3. Set up time is minimal. Existing Budget Maestro users can be viewing KPIs on the desktop literally minutes after taking the Dashboard Kit out of the box.

The Excel 2007 dashboard templates come with pre-defined key performance metrics such as gross margin, net income, working capital, inventory turnover, and day sales outstanding. Users can create comparisons of actual performance to plan or forecast; on a monthly, quarterly or annual basis; and across any number of categories such as product lines, divisions, locations, or projects.

Users can set their own metrics and tolerance levels, and customize the dashboard type and style for consistency with other corporate materials. Dashboard visuals can be incorporated into Microsoft PowerPoint(R) presentations, and published to an intranet.

The Budget Maestro Dashboard Kit is compatible with the Desktop, Small Business and Enterprise editions of Budget Maestro 5.8. Even those with single-user licenses can share the Dashboard within the company with any user of Excel 2007.

Healthcare organizations completing Lawson deployments in the past year include Altoona Regional Health System, Baptist Health, Bassett Healthcare, Bethesda Lutheran Homes and Services, Inc., Carle Clinic, Carle Foundation Hospital, Catholic Health Initiatives, Catholic Healthcare West, Coffee Health Group, Gwinnett Hospital System, McLeod Health, Norton Healthcare, Pomona Valley Hospital Medical Center, Presbyterian Homes and Services, Providence Health & Services, Sherman Health, Sisters of Mercy Health System, Torrance Memorial Medical Center, UCLA Health System and University Medical Center at Princeton among others.

Elgin, Ill.-based Sherman Health, for example, went live on the Lawson S3 Human Capital Management, Enterprise Financial Management and Supply Chain Management Suites in October 2006. “Lawson is helping us reduce administrative costs and streamline regulatory compliance by supporting timely reporting and standardized business processes,” said Bill Kelty, director of Information Services, Sherman Health.

Bassett Healthcare, a Lawson customer since 1997, implemented the Lawson Budgeting & Planning 9 application last fall as a beta site. “Our long-term partnership with Lawson is based on Lawson’s ability to support our evolving technical and strategic business needs,” said Sue Andrews, senior director of Corporate Finance, for New York’s Bassett Healthcare. “We’re currently deploying additional Lawson applications to support automated report distribution, employee absence management and mobile supply chain management.”

Last July, a 20-year-old legacy mainframe system was replaced at Carle Clinic and Carle Foundation Hospital in central Illinois when the two separate organizations both implemented the Lawson S3 Human Capital Management and Enterprise Financial Management Suites. Today, more than 5,000 Carle employees use the software, which interfaces directly with Carle’s Kronos Time and Attendance system.

“We chose Lawson based on its proven business applications, extensive healthcare customer base and reputation for successful implementations,” said Rick Rinehart, interim vice president IT and CIO, Carle Clinic and Carle Foundation Hospital.

Lawson works with each customer to conduct a comprehensive business process assessment before implementation begins. This enables healthcare providers to standardize processes across their organization, create automated workflows and incorporate industry best practices into their implementation plans.

“Deep expertise gained during hundreds of healthcare implementations enables us to help customers speed system deployment so they can achieve their business objectives faster,” said Rob Jorgenson, senior vice president, Lawson Professional Services. “Our success in helping these providers streamline system rollout reinforces our deep industry knowledge and commitment to healthcare implementation excellence.”

Lawson serves more than 500 healthcare industry customers representing more than 4,500 facilities, including eight of the top 10 integrated delivery networks. The company also serves managed care systems, academic medical centers, hospitals, clinics, physician group practices, home healthcare, long-term care and other health services enterprises. Lawson solutions help healthcare organizations manage their business so they can focus on their patients, automate and streamline materials management for a better bottom line, and overcome the challenges of the labor shortage.

Offering auto insurance to customers in 25 states, Unitrin Direct is a rapidly-growing group of companies that sells directly to consumers through the Web and its call center. As its business continued to expand, Unitrin Direct found that it needed a comprehensive budgeting, forecasting, and reporting solution that could be quickly and easily deployed. The company’s spreadsheet-based processes took too long, lacked flexibility, and were challenging to maintain. Executives and managers needed a better foundation for managing a dynamic, collaborative planning process.

“Unitrin Direct is a customer-driven family of companies that is committed to providing outstanding auto coverage at a great value, so we’re constantly seeking ways to improve our operations, reduce costs and pass those savings along to the consumer,” said Bryan Rogers, Vice President of Finance, Unitrin Direct. “Adaptive Planning provides the tools for us to better understand our business, optimize our operations and improve our budgeting and planning processes.”

After evaluating a number of solutions, Unitrin Direct selected Adaptive Planning because the company’s on-demand service was affordable, easy to use, and could be deployed in weeks.

“Because we are focused on providing extraordinary value to policyholders, we are extremely disciplined in how we invest our resources, including personnel, time, and capital,” said Rogers. “Adaptive Planning’s subscription-based, on-demand service allowed us to get up and running quickly, without requiring purchases of new hardware or software, or any involvement from our IT personnel.”

Adaptive Planning provides businesses worldwide with an attractive new alternative to spreadsheets for managing their budgeting, forecasting, and reporting processes. Designed for companies that have outgrown Excel, the solution combines the flexibility of spreadsheets with the structure and process of enterprise applications. Adaptive Planning delivers a single, integrated solution with capabilities for budgeting and forecasting, reporting and analysis, graphical dashboards, collaborative modeling, and administration. To meet a wide range of client needs, Adaptive Planning is offered in three editions, all of which are available both on-demand and on-premise.

As part of the highly functional Clarity 6.1 software solution, the Legal Edition includes sophisticated capabilities such as predefined data models, advanced acquisition forecasting and modeling functionality, business intelligence dashboards, and a complete financial reporting package. These enhancements are specifically designed to meet the complex performance management needs of law and other professional services firms.

“Clarity 6.1 Legal Edition has helped us to organize our budget and allows us to standardize and maintain a common budgeting process,” says Julie Rosenberg, Controller at Hodgson Russ. “Previously when someone had a question about the budget it was a matter of pulling out physical files or pulling up spreadsheets to confirm what the numbers mean and where they came from. Now everything is right at our fingertips. With Clarity, we can breakdown all information by practice area and department to compare budgets to actuals, analyze profitability, and conduct cost analysis.”

Some of the new features in Clarity 6.1 Legal Edition include:

Predefined data models

• Provides pre-defined planning data models that represent best practices of the legal industry
• Offers easy configuration to meet a firm’s specific planning and reporting requirements
• Multi-currency support

Advanced acquisition forecasting and modeling

• Streamlines ‘what-if’ modeling to effortlessly generate financial alternatives using different parameters
• Flexibility to copy, alter data and report variances between multiple versions

Business Intelligence (BI) dashboards

• Designs executive dashboards and supports interactive charts and graphs with Clarity Visualizer
• Creates profitability reports to review a firm’s profitability across practices or clients

Full reporting package

• Comes with a series of out-of-the-box reports including client, timekeeper, analytical and profit and loss reports
• Performs ad-hoc financial analysis and financial statutory reporting
• Includes drill-through capabilities to access supporting details and actual transitions to investigate and understand variances
• Creates and distributes highly formatted financial statements

Clarity Systems’ expertise in providing legal vertical solutions is strengthened by their reseller partnership with Thomson Elite, a leading provider of financial and practice management systems to professional services markets. The Clarity 6.1 Legal Edition solution connects to Elite Enterprise and Elite 3E databases ensuring a legal firm’s budgeting and forecasting processes seamlessly feed into each other.

“Clarity software helps Thomson Elite’s customers in their everyday operations,” said John Callahan, director, market segments at Thomson Elite. “With Clarity 6.1 Legal Edition, we are providing legal firms easy to use planning solutions with intuitive features, helping them remain efficient, capture more hours and spend more time on practicing law.”

“Our knowledge in the operations and management of legal and professional services organizations is evident in the functionality of Clarity 6.1 Legal Edition,” said Paul Hill , COO at Clarity Systems. “The software offers integrated, out-of-the box solutions necessary to ensure the development of effective plans for law firms.”