UK Government-Backed Employment Provider, Working Links, Selects Applix TM1 for Complex Modeling and Forecasting
Share:
LONDON and WESTBOROUGH, Mass., July 31 / -- Applix, Inc. (NASDAQ:APLX), a global leader of performance management applications, has been selected to provide analytic software to Working Links, an organization formed to deliver government contracts in some of Britain's most disadvantaged communities.
Working Links helps the long-term unemployed retrain and get back to work, and plans to utilize Applix's TM1 to model and forecast the performance of its training programs and prepare financial budgets accordingly. Applix's TM1 will help facilitate decision-making by finance and operational staff, spread over several administrative locations throughout the country.
With the help of Applix partner Coheris InfoCat, the roll out of stage one is planned for late July 2006, and Working Links will then build an application to model costs and income, helping them compete with other commercial organizations and bid for contracts to run employment programs.
Announcing the choice of Applix, Working Links' Financial Controller Paula Miller explained: "Working Links' needs are complex -- our organization is growing and we are running many more programs that are tailored to local employment situations. TM1 will help us meet new information demands, giving us the ability to respond to competitors and adjust to changes in our organization."
"Working Links is partly owned by central Government, meaning that our standards of accountability and reporting are very high. Applix TM1 enables us to report quickly and accurately while building realistic forecasting models," Miller continued.
Martin Richmond-Coggan, VP of EMEA at Applix, commented, "TM1 is virtually the only solution that can meet Working Links' needs for complex modeling, fast recalculation, flexible reporting and low cost of ownership. This combination of TM1's capabilities enables businesses to reduce planning and forecasting time and effort, emphasize analysis of their business, streamline their operations, and improve the bottom line."
Applix TM1
Applix's TM1 is a complete performance management application, delivering strategic business planning, budgeting, reporting and analytics for powering analysis of financial, operational, sales, employee and other business data. Applix customers worldwide use TM1 real-time response, adaptability, easy-to-use interfaces, and low total cost of ownership, and a majority realize a 100 percent return on their Applix investments within the first six months deployment. The annual BPM Partners "Beyond the Hype" Webcast (http://www.bpmpartners.com/events_webinars.shtml) for 2006 recognized that Applix TM1 customers had the highest level of satisfaction of any of the leading BPM solutions, suites, tools and vendors. The OLAP Survey 5 (http://survey.com/olap) gave TM1 the highest marks for speed of query, deployment, and data load and pre-calculation, as well as the highest ranking for overall business benefits achieved and the lowest number of technical problems.
About Working Links
Working Links was founded in 2000 specifically to address the issues facing long-term unemployed people in a way that is both innovative and consistent with the Government's Welfare to Work policy.
Working Links is the country's first Public, Private Voluntary company, its shareholders include: the Governments Shareholder Executive, the voluntary company, Mission Australia, Manpower PLC, the country's leading recruitment company and Cap Gemini.
Working Links operates in many of Britain's most disadvantaged communities delivering over 60 contracts including the running of Eight Government Employment Zones.
For more information, see Working Links at http://www.workinglinks.co.uk/.
About Coheris Infocat
Coheris Infocat is a Business Intelligence consultancy specializing in financial and analytical applications. As long standing partners of Applix, they have been working with TM1 since 1997, providing real-time management reporting and planning solutions for their clients. Their consultants combine a financial background, systems expertise and business understanding to help companies respond to a dynamic and changing business environment.
About Applix
Applix (NASDAQ:APLX) is a global leader in performance management applications that enable continuous strategic planning, management and monitoring of performance across the financial, operational, sales and marketing, and human resources functions within the enterprise. Applix is a founder of the BPM Standards Group (http://bpmstandardsgroup.org/) and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace. Applix and its global network of partners help nearly 3,000 customers worldwide manage their business performance and respond to the marketplace in real time. In mid-2006, Applix acquired Temtec International B.V. to further extend performance management solutions across the enterprise. Headquartered in Westborough, MA, Applix maintains offices in North America, Europe and the Pacific Rim. For more information about Applix, please visit www.applix.com/.
CONTACT:
Charlotte Locke,
Applix,
Tel:508-475-2441
clocke@applix.com
http://www.applix.com/
Kelley Kassa,
Davies Murphy Group, Inc.
Tel:781-418-2406
kkassa@daviesmurphy.com
http://www.daviesmurphy.com/
Source: Applix, Inc.
Web site: www.applix.com/
