Press Release Summary:
Providing overview for multi-level job and resource planning, Maconomy X+ offers means of projecting delivery timeframes, monitoring progress, and enabling post-project analysis. People Planner lets planners view employee resources, evaluate best-allocation strategies, and create plans at optimal level. AnalytiX Live Reporting and AnalytiX Instant Intelligence enable analysis of business from various perspectives, while Mobile SpeedSheet allows employees to register time via mobile phone.
Original Press Release:
Maconomy Launches New Solution that Provides a Complete Overview of Business Performance
Maconomy X+ will help boost efficiency and profit in professional services organizations (PSOs) with fully integrated project and resource planning. Managers will get both the overview and the details they need to optimize their business performance at strategic and operational levels
31st July, 2007 - Maconomy A/S (MACO), has launched its effective reporting and planning business solution that provides high-level overview for multi-level job and resource planning. The Maconomy X+ solution also features flexible means of projecting delivery timeframes, monitoring progress and enables accurate post-project analysis.
Maconomy X+ is initially being launched in six countries: U.S., U.K., Benelux, Sweden, Norway and Denmark. At a later date, the new solution will be introduced to all markets where Maconomy has a presence.
"Maconomy has in-depth knowledge of and insight into the needs of PSOs based on 18 years of providing industry-specific business solutions. Maconomy X+ fulfills specific requirements we have recognized and delivers obvious economic benefits," says Hugo Dorph, CEO, Maconomy. "One of the greatest challenges for consulting firms and marketing communications agencies is maintaining an overview of capacity to optimize planning. This affects projects for clients when planning the allocation of resources, and ultimately, the bottom line. For example, by trimming one hour of 'down time' for each employee per week, a company with a staff of 40 can increase annual revenues by 330,000."
The latest solution from Maconomy enhances the company's product portfolio of solutions for optimizing resource and project planning within organizations of various sizes.
X+ is tailored to fit customer requirements and is easy to use so employees at all levels can quickly start using solution. Overall, Maconomy X+ offers managers a tool for growth, optimization of resources, and an enhanced bottom line through efficient capacity and resource planning.
"The release of Maconomy X+ is an important step in Maconomy's mission to differentiate itself in the professional services segment. The business intelligence capabilities on the AnalytiX module is a big leap forward for Maconomy to bring it at par with leading application vendors. The real differentiator for Maconomy, however, lies in the new capacity planning module, which offers a single-screen graphical workbench for project managers and other resource coordinators. The ability to do fast, top-down resource planning allows for frequent changes and adds flexibility with the end-goal of boosting utilization. This type of industry-specific innovation should receive interest among professional services companies looking to improve margins, says Bo Lykkegaard, Research Manager at IDC."
Three key features of Maconomy X+
People Planner: An efficient integrated capacity and resource planning solution that provides managers with a complete overview of their organization. People Planner enables planners to view employee resources, evaluate best-allocation strategies and create plans at their ideal level. The entire organization gets a realistic picture of project status, resources utilized and deadlines. People Planner steers users away from planning on levels that are too focused on isolated details. Instead, it encourages higher-level streamlined planning that provides options for drilling down to plan on multiple levels.
AnalytiX Live Reporting and AnalytiX Instant Intelligence: Two Business Intelligence tools giving users the possibility to analyze the business from various perspectives and levels. Live Reporting lets users draw reports directly from the database, and Instant Intelligence enables users to zoom in on key details, facts and figures. Information viewed can be sliced and diced to give the user a well-rounded reliable picture of where earnings and effectiveness are high, and it pinpoints areas needing improvement.
Mobile SpeedSheet: A mobile time capture feature that allows employees to register their time via their mobile phone, which better ensures that every minute is invoiced. As reporting accuracy increases, project leaders get a true overview of resource efficiency, budget and progress.
- Delivers a planning tool that is simple to use and effective
- Balances out utilization of resources to avoid over and under booking
- Spots which departments, projects and areas of business earn the best profit
- Identifies the most profitable customers
- Makes it easy for employees to register every minute of billing time from a mobile phone
Maconomy is a global provider of industry-specific business solutions for professional services companies and marketing communications organizations. Maconomy business solutions help optimize project and resource management, manage costs and drive profitable behavior throughout an organization.
95% of Maconomy customers get a positive ROI from Maconomy solutions and pay for their investment within an average of 25 months.
Customers include Deloitte, KPMG, Millward Brown, Philips, PricewaterhouseCoopers, WM-data, WPP, RambÃƒ¸ll, Omnicom Group, Publicis Groupe and more.
Maconomy A/S was founded in 1989 and corporate headquarters are located in Copenhagen, Denmark. Maconomy services and supports customers in 50 countries through our offices in the U.S. and across Europe, and through an extensive partner network.
Today, more than 90,000 users worldwide run Maconomy business solutions.
Maconomy A/S is listed at OMX Nordic Exchange Copenhagen (DK 0010274174) More information can be obtained from www.maconomy.com