Our current systems are outdated, inefficient and increasingly difficult to maintain
St. Paul, MN (Vocus) August 19, 2009
Lawson Software (Nasdaq: LWSN) today announced that Cherry Creek School District No. 5 has signed a multi-suite contract that includes the Lawson S3 Enterprise Financial Management and Supply Chain Management suites as well as the Lawson Human Resource Management suite. These applications will help the school district enhance the speed and accountability of its data-driven decision making and help improve the accuracy and efficiency of its enterprise-wide activities. The contract was signed during Lawson's fourth quarter of fiscal 2009, which ended May 31, 2009.
Cherry Creek is noted as a “premier” school district in Colorado in terms of student performance. The suburban Denver district is the fourth-largest in the state with more than 50,000 students in grades K-12, and enrollment has increased by 40 percent in the past decade. Cherry Creek also has the highest rating under the Colorado Department of Education accreditation system. The Lawson applications will replace the district’s aging accounting, finance, purchasing, human resources, and payroll systems. Lawson Professional Services will work with district employees to provide implementation services for the project rollout.
The new system will help the district automate manual processes, such as budgeting, purchasing and personnel transactions. Lawson Teacher Contract Administration will help the district manage complex tracking and reporting requirements associated with teacher pay to help ensure accurate payroll, benefits, time and taxation processes tied to teacher contracts.
In addition, the Lawson Human Resource Management suite will allow Cherry Creek to drill deeper into HR data for improved analysis. And with its flexible self-service capabilities, district employees will be better equipped to manage a broad range of information and tasks themselves, from updating personal data in their personnel record and enrolling in benefits to checking on open positions and registering for needed training.
“Our current systems are outdated, inefficient and increasingly difficult to maintain,” said Lyndal Brookhart, director of Human Resources for Cherry Creek School District. “We needed an integrated system that can help us automate processes and analyze information so we can make more informed business decisions and better respond to new regulatory requirements. We also have highly complex, very specific payroll and benefits requirements. We chose Lawson because it is a proven software vendor, with a good track record of serving school districts.”
“School districts around the country are faced with tighter budgets and increasing demands from the communities they serve," said Brian Murphy, general manager, Public Sector, Lawson. "Lawson helps school systems optimize and account for scarce resources efficiently and at a lower total cost of ownership."
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at http://www.lawson.com. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.