PRESS RELEASE
DIGITALBRAIN COMMITS TO PROCESSION'S FINANCIAL
PLANNING SUITE
Digitalbrain automates sales forecasting
CHESHAM, United Kingdom. July 30th 2002. Digitalbrain,
a leading application service provider of web creation and knowledge
management tools, has awarded business process management (BPM) specialist,
Procession, a contract to install the Procession Financial Planning
Suite (FPS) to manage Digitalbrain's sales processes. Procession's
FPS is being implemented to handle the whole process, from inception
through to close and internal revenue recognition, via an automated
end-to-end 'e-Process' solution which manages and tracks the progress
of each sales cycle.
The system was chosen by Digitalbrain's chief
operating officer (COO), Calum Cunningham, to manage its expanding
field-based sales activities. He commented: "Procession demonstrated
how easily remote staff could update their forecast, in real time,
via the web. This means we have an 'up to the minute view' of our
pipeline.
"Using Procession's automated business process
(ABP) technology, we were able to reflect our specific business processes
within the application. When a salesperson tells us that a deal is
about to close, we are confident that that business will be coming
our way". According to Procession's chief executive officer (CEO),
David Chassels: "We are delighted with Digitalbrain's decision to
become another Procession client. This vindicates the fact that applications
based on ABP are the way forward for agile businesses, such as Digitalbrain,
which do not want their hands tied by technical resources each time
their critical business processes require changing".
About
Procession
Procession develops and markets Business Process Management (BPM)
software for the emerging process automation marketplace.
Supporting the operational aspects of Six Sigma
Plus* and conforming to the Business Process Management Initiative
(BPMI) standards, it enables organisations to implement, control,
monitor and improve their processes - leading to continual improvement
in customer focused quality and falling operational costs by allowing
managers to take control of their key business processes. The architecture
uses an RDBMS (Oracle), along with Java and J2EE application servers.
Procession's products are task-driven - unlike applications such as
CRM and ERP, which are based on data.
Based around a unique Process Engine, Procession's
range of products includes:
- The Financial Planning Suite - covering
sales management and forecasting for leads, opportunities,
revenue and invoicing
- Grant management
- Custom applications
Procession also provides low cost conduits to
link 'front end' systems such as the web with 'back end' systems,
such as mainframe and ERP systems.
Procession Software Ltd, formerly known as Datacore
Ltd, was founded in 1994. It became Procession in 2000. Its current
clients include the Bank of Scotland, UK Sport, Edinburgh City Council
and the New Opportunities Fund in the UK, along with Magma in the
USA. Procession has also recently formed an alliance in Holland.
* Six Sigma is a management philosophy originally
developed by the Motorola organisation. It sets extremely tough objectives
for the collection of data and the analysis of results. Its targets
are to reduce defects in products and services as far as possible.
Further information from:
David Chassels/Ralph Tebby, Procession, 01494 781444
Bob Little, Bob Little Press & PR, 01727 860405
-ENDS-
