J.D. Edwards and FileNET Announce Strategic Alliance for Integrated Document Management SOLUTIONS
Integration Between J.D. Edwards and FileNET Panagon Enables Cost Effective Access to Any Document From Any Desktop
DENVER, and COSTA MESA, Calif., Oct. 26 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), the leading supplier of agile software solutions for e-business announced today an alliance with FileNET Corp. (Nasdaq: FILE), an industry leader in providing Web-based enterprise software solutions, aimed at allowing J.D. Edwards OneWorld(TM) customers to integrate with FileNET's Panagon(TM) software. The combination of J.D. Edwards enterprise business software, and FileNET's Web-based content management software represents the fundamental infrastructure for total enterprise-wide information management -- a practical keystone to a Knowledge Management strategy.
Integration with Panagon will allow customers to dramatically improve business productivity across the entire OneWorld suite. Built upon FileNET's reliable Panagon software, proven in mission-critical applications in over 4,000 installations, the powerful information management capabilities will allow OneWorld customers to more effectively manage customer correspondence, invoices, contracts, engineering drawings, maintenance procedures, quality and compliance documents, and literally any paper or electronic document. By replacing costly paper and microfilm with automated capture, display, storage, retrieval and management of OneWorld-linked images and documents, Panagon eliminates expensive, time-consuming manual searches and routing of original paper-based documents, thereby improving a company's customer service.
"Through FileNET's integration with J.D. Edwards we were able to end the paper chase associated with processing 700,000 invoices each year," said Jeff Slaby, administrative manager at Cargill, an international marketer, processor and distributor of agricultural, food, financial and industrial products. "It is this combination that is enabling Cargill to realize our global vision for finance."
According to a recent survey conducted by Framingham, Mass.-based International Data Corporation, 25.8 percent of the companies polled already have or are implementing a document management system, and another 45.8 percent plan to implement a document management system within 24 months(1), which underscores the growing reliance companies have upon document management systems.
"Companies are looking for ways leverage their existing time and money investment in enterprise software applications, further improve business processes, as well as eliminate the age old paper problem," said Martyn Christian, vice president of FileNET Worldwide Solutions Sales and Marketing. "The integration between OneWorld and Panagon is a natural evolution that will allow our mutual customers to effectively deal with these challenges."
"We have selected FileNET as a document management partner to provide our customers with the ability to not only electronically manage their documents but to also share the documents with their suppliers and customers via the Internet," said Keith Hiatt, product marketing manager for manufacturing solutions at J.D. Edwards. "This enables our customers to maximize the value they receive from our enterprise business software and more effectively collaborate with customers and suppliers."
About FileNET
FileNET Corporation is an industry leader in providing Web-based software solutions that help corporations and government organizations manage their business information and work processes more productively. Headquartered in Costa Mesa, Calif., the company markets its innovative products in more than 70 countries through its own global sales, professional services and support organization, as well as via its ValueNET Partner network of resellers, system integrators and application developers. Founded in 1982, the company currently employs more than 1,700 people and reported record revenues of $253.1 million for the first nine months of 1999. Additional information can be obtained by contacting the company at 800-FileNET or via the Internet at www.FileNET.com
About J.D. Edwards
J.D. Edwards provides Idea to Action(TM) software for managing the virtual enterprise and supply chain. The Company's integrated applications deliver agile e-business solutions that give customers control over their front office, manufacturing, supply chain, logistics/distribution, human resources and finance processes for the consumer products, industrial and services industries. J.D. Edwards enables Idea to Action with ActivEra(TM), a collection of tools and technologies that extend J.D. Edwards' OneWorld(TM) and WorldSoftware(TM) enterprise business software and its Numetrix supply chain planning solutions. ActivEra allows customers to change their software quickly and easily during and after implementation. The Company's solutions operate in multiple computing environments, including Windows NT(R), UNIX(R) and OS/400(R), and are Java(TM) and HTML enabled.
Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1998 revenues of $934 million. Additional information can be obtained by contacting the Company at 800-727-5333, or via the Internet at www.jdedwards.com
(1) IDC study is titled Winter 1998: TIPS Survey Results by U.S. Company Size, No. 15413, February 1998.
NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other product and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.
SOURCE J.D. Edwards & Company
CO: J.D. Edwards & Company; FileNET Corp.
ST: Colorado, California
IN: CPR FIN
SU: CON
10/26/1999 09:00 EDT prnewswire.com |
