Adaytum Teams with Accenture and Government Finance Officers Association To Bring New Financial Planning Solutions to Public Sector

Jointly Developed Budgeting and Planning Solution Responds to Unique Needs And

Challenges of State/Local Government



Apr 30, 2001, 01:00 ET from Adaytum

    MINNEAPOLIS, April 30 /PRNewswire/ -- Adaytum, the leading provider of
 enterprise business planning (EBP) solutions, today announced separate
 alliances with Accenture and the Government Finance Officers Association
 (GFOA) to create a public-sector version of Adaytum e.Planning, an integrated
 financial planning solution.
     The alliance is the first to provide a Web-based, high-participation
 budgeting and planning solution designed specifically to respond to the unique
 requirements of state and local sectors.  The target market for the solution
 includes states, cities, counties, school districts, special districts, and
 municipal enterprises, including utilities and airports.
     The new solution is based on Adaytum's e.Planning product that is
 currently used by 22,000 professionals in more than 1,200 organizations
 worldwide.
     Accenture draws upon its vast experience with an in-depth understanding of
 public-sector processes, rules, regulations, and statutory requirements to
 design the product's budget-process flows and requirements for planning,
 forecasting, and budgeting in public-sector organizations.
     GFOA, the premier professional association in state and local government
 finance, joins the effort in a separate relationship with Adaytum to shape
 best budgeting practices in state and local government, provide development
 expertise, and collect input from its government members who are CFOs of
 leading jurisdictions.  Together, the three organizations bring an excellent
 blend of complementary expertise to develop public sector budgeting and
 financial planning solutions.
     In addition, GFOA has committed to working with Adaytum at state and local
 government pilot sites, evaluating them, and subsequently helping them define
 a general offering to the state and local government community.
     "Business-planning challenges in the public sector are quite different
 from those commercial enterprises face," said David Wilson, an Accenture
 partner, "and in many ways, they are more complex because of the
 interdependence of laws and regulations that govern how funds can be spent on
 people, programs, and projects.  We're pleased to team with Adaytum to create
 a packaged offering with the strengths and features to fill a void in the
 market and support these complex public sector requirements."
     "The unique combination of expertise that Accenture and GFOA bring to this
 joint solution provides a sharp focus on the needs of public administration
 officials in education and government," said Sue Strother, executive vice
 president of marketing for Adaytum.  "Public organizations can benefit from a
 financial planning process that empowers people, improves accuracy and
 efficiency."
     "Budgeting and financial planning are the Achilles heels of ERP systems,"
 said Dr. Rowan Miranda, director of research and consulting for GFOA.  "By
 helping develop a budgeting and planning solution that works with any ERP
 system or on a standalone basis, GFOA is pursuing a major improvement not only
 on behalf of finance officers for government organizations of all sizes, but
 also for the citizenry whom they serve."
 
     About Accenture
     Accenture is a global management and technology consulting organization,
 which is reinventing itself to become the market maker, architect and builder
 of the new marketplace.  The firm is bringing innovations to clients to
 improve the way the world works and lives.  More than 70,000 people in 46
 countries deliver a wide range of specialized capabilities and solutions to
 clients across all industries.  Under its strategy, the firm is building a
 network of businesses to meet the full range of client needs -- consulting,
 technology, outsourcing, alliances and venture capital.  The Accenture home
 page address is http://www.accenture.com .
 
     About GFOA
     The GFOA is the premier professional association in public finance serving
 the needs of more than 14,500 governments in the United States and Canada.
 Established in 1906, GFOA is the main vehicle for recommended financial
 management practices that guide the state and local public sector.  GFOA
 provides training programs, a wide range of publications and periodicals,
 renowned awards programs, and consulting services.  For more information,
 visit the GFOA web site at http://www.gfoa.org .
 
     About Adaytum
     Adaytum provides Internet-based enterprise business planning software that
 allows organizations to plan, track, analyze, and forecast key business
 activities in a proactive and collaborative manner.  The choice of more than
 22,000 users in 1,200 pace-setting organizations around the world, Adaytum is
 headquartered in the US, with offices in the UK, the Netherlands, and
 Australia, and distribution in 22 territories worldwide. For more information,
 please visit http://www.adaytum.com .
     Adaytum is a trademark of Adaytum.  All other trademarks or registered
 trademarks are property of their respective holders.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X76455793
 
 

SOURCE Adaytum
    MINNEAPOLIS, April 30 /PRNewswire/ -- Adaytum, the leading provider of
 enterprise business planning (EBP) solutions, today announced separate
 alliances with Accenture and the Government Finance Officers Association
 (GFOA) to create a public-sector version of Adaytum e.Planning, an integrated
 financial planning solution.
     The alliance is the first to provide a Web-based, high-participation
 budgeting and planning solution designed specifically to respond to the unique
 requirements of state and local sectors.  The target market for the solution
 includes states, cities, counties, school districts, special districts, and
 municipal enterprises, including utilities and airports.
     The new solution is based on Adaytum's e.Planning product that is
 currently used by 22,000 professionals in more than 1,200 organizations
 worldwide.
     Accenture draws upon its vast experience with an in-depth understanding of
 public-sector processes, rules, regulations, and statutory requirements to
 design the product's budget-process flows and requirements for planning,
 forecasting, and budgeting in public-sector organizations.
     GFOA, the premier professional association in state and local government
 finance, joins the effort in a separate relationship with Adaytum to shape
 best budgeting practices in state and local government, provide development
 expertise, and collect input from its government members who are CFOs of
 leading jurisdictions.  Together, the three organizations bring an excellent
 blend of complementary expertise to develop public sector budgeting and
 financial planning solutions.
     In addition, GFOA has committed to working with Adaytum at state and local
 government pilot sites, evaluating them, and subsequently helping them define
 a general offering to the state and local government community.
     "Business-planning challenges in the public sector are quite different
 from those commercial enterprises face," said David Wilson, an Accenture
 partner, "and in many ways, they are more complex because of the
 interdependence of laws and regulations that govern how funds can be spent on
 people, programs, and projects.  We're pleased to team with Adaytum to create
 a packaged offering with the strengths and features to fill a void in the
 market and support these complex public sector requirements."
     "The unique combination of expertise that Accenture and GFOA bring to this
 joint solution provides a sharp focus on the needs of public administration
 officials in education and government," said Sue Strother, executive vice
 president of marketing for Adaytum.  "Public organizations can benefit from a
 financial planning process that empowers people, improves accuracy and
 efficiency."
     "Budgeting and financial planning are the Achilles heels of ERP systems,"
 said Dr. Rowan Miranda, director of research and consulting for GFOA.  "By
 helping develop a budgeting and planning solution that works with any ERP
 system or on a standalone basis, GFOA is pursuing a major improvement not only
 on behalf of finance officers for government organizations of all sizes, but
 also for the citizenry whom they serve."
 
     About Accenture
     Accenture is a global management and technology consulting organization,
 which is reinventing itself to become the market maker, architect and builder
 of the new marketplace.  The firm is bringing innovations to clients to
 improve the way the world works and lives.  More than 70,000 people in 46
 countries deliver a wide range of specialized capabilities and solutions to
 clients across all industries.  Under its strategy, the firm is building a
 network of businesses to meet the full range of client needs -- consulting,
 technology, outsourcing, alliances and venture capital.  The Accenture home
 page address is http://www.accenture.com .
 
     About GFOA
     The GFOA is the premier professional association in public finance serving
 the needs of more than 14,500 governments in the United States and Canada.
 Established in 1906, GFOA is the main vehicle for recommended financial
 management practices that guide the state and local public sector.  GFOA
 provides training programs, a wide range of publications and periodicals,
 renowned awards programs, and consulting services.  For more information,
 visit the GFOA web site at http://www.gfoa.org .
 
     About Adaytum
     Adaytum provides Internet-based enterprise business planning software that
 allows organizations to plan, track, analyze, and forecast key business
 activities in a proactive and collaborative manner.  The choice of more than
 22,000 users in 1,200 pace-setting organizations around the world, Adaytum is
 headquartered in the US, with offices in the UK, the Netherlands, and
 Australia, and distribution in 22 territories worldwide. For more information,
 please visit http://www.adaytum.com .
     Adaytum is a trademark of Adaytum.  All other trademarks or registered
 trademarks are property of their respective holders.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X76455793
 
 SOURCE  Adaytum