PRESS RELEASE

 

PROCESSION LAUNCHES VERSION 3 OF ITS FINANCIAL PLANNING SUITE

‘Close the books’ whenever you want to!

CHESHAM, United Kingdom. March 5th 2002. Procession today announced the release of version 3 of the Procession Financial Planning Suite (FPS), its sales & revenue forecasting system.

This release encompasses a range of new features and facilities to allow sales and financial management much greater insights into the sales situation, including the ability to ‘close the books’ whenever you need.

Since everything in the system is web-based and real-time, closing the books has never been easier. The Financial Planning Suite tracks the status of every opportunity and order, showing actual performance against targets, actual performance against forecasts, and the predictions of orders and revenues for the next eighteen months.

New reports are available, including a monthly forecast report and a complete suite of Management Dashboard reports, small graphs tracking the key performance indicators that YOU are interested in.

Almost every facet of the system can be customised to meet the needs of your business, right down to the level of inputting data in units or thousands or any other multiplier that you desire. New utilities make these changes even easier.

Procession's Financial Planning Suite is a flexible and sophisticated solution that enables companies to perform and monitor a number of essential forecasting functions, such as sales, revenue and commissions. The system is simple and quick to use, and can be accessed and updated in real-time via a standard browser.

In common with other Editions of Procession®, the Financial Planning Suite is a highly scalable, standards-based solution providing a comprehensive, secure and tiered access audit trail.

About Procession
Procession develops and markets process-driven software that enables customers to automate key business methods, reducing costs and improving performance across the enterprise. Procession's easy-to-implement, highly scalable solutions are based on open standard technologies and Internet architecture, providing key personnel with critical business information whenever and wherever they need it. The Editions range delivers solutions tailored for particular functions within an organisation, such as revenue forecasting. Procession's customers include leaders in finance, high technology software and government agencies.

Headquartered in Chesham, United Kingdom, the company is currently expanding its operations to support the global marketplace. More information can be found at www.procession.com.

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