BizGenics Raises the Bar for Operational Performance Management Software: New Release "Operationalizes" Customer Management with Real-Time Policy Compliance

BizGenics(R) Inc., a leading provider of Operational Performance Management (OPM) software applications, today announced general availability of version 3.0 of their product offering, the BizGenics Activity Manager(TM) (BAM). The BizGenics solution continuously evaluates order and inventory transactions to ensure compliance with customer agreements, financial objectives and regulatory requirements. This release offers businesses the ability to make informed, in-flight adjustments by finding and fixing non-conforming transactions before they impact operating results.

SAN MATEO, CA (PRWEB) July 8, 2003 -- BizGenics(R) Inc., a leading provider of Operational Performance Management (OPM) software applications, today announced general availability of version 3.0 of their product offering, the BizGenics Activity Manager(TM) (BAM). The BizGenics solution continuously evaluates order and inventory transactions to ensure compliance with customer agreements, financial objectives and regulatory requirements.

This release offers businesses the ability to make informed, in-flight adjustments by finding and fixing non-conforming transactions before they impact operating results.

Consolidation of buying power and increased scrutiny of operating controls have resulted in stringent customer service level agreements and new regulatory requirements. For many industries, including electronic equipment and consumer products, managing to these heightened expectations is made even more difficult by years of mergers and acquisitions, independent operating units, and outsourced logistics.

Despite significant investments in enterprise software, large gaps remain between corporate policy, customer obligations and operations. BizGenics' unique ability to activate policies and continuously optimize open orders and allocation decisions is helping F500 companies maximize return on working capital by accelerating cash-turns, increasing asset utilization, and reducing SG&A costs.

"To enable organizations to become more effective and efficient in their business operations, organizations must understand how to move beyond ERP and manage operational performance that can provide the direct impact required for business," said Mark Smith, CEO of Ventana Research and contributing editor for Intelligent Enterprise. "BizGenics has blended policy management, transaction-level compliance monitoring and proactive resolution into one operational performance management solution that can help businesses achieve superior sales and operations performance across order execution, inventory allocation and logistics."

The BizGenics Activity Manager(TM) (BAM) represents a new category of enterprise application software referred to as Operational Performance Management (OPM). The BizGenics Activity Manager bridges the gap between transactional systems and business policy compliance to help sales and operations continuously evaluate open orders and inventory allocations based on customer service level agreements, financial goals and regulatory compliance.

The BizGenics Activity Manager(TM) continuously analyzes customer demand and inventory movements to ensure business policy compliance. Unlike business intelligence tools that require data warehouses to measure past performance, the BizGenics solution taps directly into existing transaction streams to help manage the behavior of the business in real-time. When a non-conforming transaction is identified, authorized users are guided through problem analysis and closed-loop resolution.

BizGenics Activity Manager(TM) 3.0 sets a new standard for usability, ease of maintenance and lowest total cost of ownership. This release builds on BizGenics' patent-pending compliance management product with enhanced policy management, additional allocation capabilities, and expanded support for leading infrastructure software. New to this release is:

Enhanced Policy Management
Policy Management enables users to activate business policies at any level of customer, product, region or channel. BizGenics Activity Manager(TM) 3.0 advances this capability with:

New wizard-based environments
Business users can define new policies and tailor industry best practices without requiring scarce IT resources. Enhanced hierarchy and grouping capabilities simplify policy maintenance. New "test-firing" tools analyze historic data to help users set effective performance thresholds.

Advanced Operations Monitoring
Monitor operating controls at the transaction level to limit the risk and cost of compliance with regulatory requirements such as Sarbanes-Oxley sections 404/409, FTC Prompt Delivery and FASB revenue recognition guidelines.

Flexible Allocation Models
The BizGenics Activity Manager(TM) combines embedded analytics, visualization, notification and workflow capabilities to find, prioritize, and help users analyze the business impact of non-compliant order and allocation transactions. Resolution management closes the loop with the option to directly update execution systems. New to the 3.0 release are:

Configurable, Role-Based Management Environments
Pre-built views, focused performance indicators and guided resolution features help users maximize profit and reduce charge-backs and expedites. Open order are evaluated based on service level commitments, margins, customer segmentation and revenue recognition.

Enhanced Demand and Sell-Thru Analysis
Users can increase inventory turns and limit costly oout-of-stocks by continuously analyzing demand and sell-thru transactions across their entire distribution network. Support for multiple fulfillment models -- including build-to-stock, build-to-order, and configure-to-order -- helps users optimize allocation decisions to improve product mix and limit write-offs.

Expanded Platform Support
BizGenics' service-based architecture complements and extends existing systems by weaving together people, processes, and applications to ensure business policy compliance at the transaction level. BizGenics' support for leading infrastructure software ensures continuing compatibility with customer environments while minimizing their total cost of ownership. New in BizGenics Activity Manager 3.0:

Linux Platform            
BizGenics goes beyond support for Win2K and Solaris to include the low-cost Linux platform.

BEA Web Logic, IBM WebSphere and IBM DB2            
BizGenics adds to its current support for Oracle's database and application server with support for BEA's WebLogic(R) as well as IBM's DB2 and WebSphere(R) line.

"Ensuring superior customer service while maximizing profits on every order has long been the dream. BizGenics makes this capability a reality and delivers it in packaged software. The BizGenics solution enables businesses to find and fix non-conforming transactions before they impact operating results -- leading to unprecedented levels of efficiency and business policy compliance," said David Cope, president and CEO of BizGenics, Inc. "The BizGenics 3.0 release takes the next step forward with a highly functional solution that is easy to deploy, use and maintain."


About BizGenics
BizGenics is a leading provider of Operational Performance Management (OPM) software that continuously optimizes open orders and inventory allocation decisions based on customer agreements, financial objectives and regulatory requirements. Leading businesses including Hewlett-Packard (HPQ) are using BizGenics to maximize revenue, profits and contract compliance -- leading to lower costs and improved service levels. BizGenics weaves together people, processes, and applications to help businesses get more out of the systems and revenue streams they already have. For more information, visit us at http://www.bizgenics.com.

CONTACT: BizGenics, Inc.
         Daryl Eicher, 408/802-7422
         daryl.eicher@bizgenics.com