Leading Movie Theater Chains Choose J.D. Edwards to Prepare for Peak Summer Season
Solution Delivers Integration and Automation; Helps Theaters Improve
Efficiency and Meet Audience Demands
DENVER, June 1 /PRNewswire/ -- Enterprise business software provider J.D. Edwards & Company (Nasdaq: JDEC) announced that its enterprise solution has been selected by leading theater chains, including Mann Theaters, Pacific Theatres and Century Theatres. The entertainment industry experiences a rapid pace of change, especially during the blockbuster summer movie season, and requires enterprise systems that are flexible and integrated. Customers cite the leading reasons for deploying J.D. Edwards enterprise software are to reduce costs, improve efficiency and increase visibility of business-critical information.
"J.D. Edwards performs particularly well in the entertainment market. The company relies on the strength of its inventory, warehouse and product management applications to target the film and music distribution processes of the entertainment industry value chain," said Kristen Tobias, senior analyst with Dataquest. "With a vendor nimble enough to react to a merger-happy industry, J.D. Edwards is well positioned to capture a greater part of the enterprise applications revenue pie over the next few years."
Operating from multiple sites, and integrating financial information from those sites, is a difficult, yet essential task for movie theaters. Identifying the profitability of movies and concessions helps theaters forecast for future seasons. Mann Theaters, which owns and operates 371 screens throughout California and Colorado, replaced its existing mainframe system with J.D. Edwards' OneWorld(TM) financial and logistics/distribution suites to increase the processing of financial information and speed up closing cycle times in its 56 theaters. Pacific Theatres implemented J.D. Edwards' WorldSoftware(TM) to integrate such information as financials, human resources, purchasing, job cost and contract management from multiple sites.
"The flexibility of J.D. Edwards' OneWorld has allowed us to record cost-of-sales and record revenue and examine concession inventory on an individual theater or consolidated basis," said Steve Broudy, CIO at Mann Theaters. "This has allowed us to reduce overall inventory costs by minimizing human error, eliminating data duplication, and reducing the number of physical audits necessary."
"J.D. Edwards' WorldSoftware has allowed us to operate with a technology-enabled workforce, thus streamlining our financial reporting processes," said Charlie Cronander, manager of IBM AS/400 operations and support for Pacific Theatres. "Employees have quick access to critical information for decision making and business forecasting. The flexibility and usability of the system allows us to standardize our business processes and react quickly to changes in our business."
Theaters are not only using J.D. Edwards to better service customers, but to also increase internal operating efficiencies. San Rafael, Calif.-based Century Theatres is using J.D. Edwards' WorldSoftware modules for general ledger, accounts payable/receivable, fixed assets, construction accounting and payroll.
"J.D. Edwards has helped us create significant efficiencies in our internal accounting procedures," said Jeff Biales, controller for Century Theatres.
"J.D. Edwards integrates well with our custom developed point solutions for box office accounting, confection auditing, film accounting and payroll time clock systems, allowing us to accurately report our profitability in a timely manner."
Functionality for Entertainment
The J.D. Edwards solution enables entertainment companies to integrate and automate their businesses and includes:
* Integrated enterprise asset management, including work order management,
procurement and fixed assets, enabling coordinated maintenance of
properties, facilities and equipment
* Integrated project management, job cost, and change management modules
that track commitments, budgets, actuals and change orders and are fully
integrated with the general ledger
* Wizard-driven report writer that allows users to query and report off of
the entire database
* Web-based human resources self-service applications and work order
management to maximize the skills and availability of personnel and
multiple work centers
* Enterprise-wide profitability solution to save time and money for
managerial accounting, activity-based management and activity-based
costing
* Expanded decision support systems for better analysis of product,
customer, supplier and employee information
About J.D. Edwards' Entertainment Group
J.D. Edwards is a leading enterprise software company in the entertainment and hospitality industry, addressing the specialized software needs of these companies. J.D. Edwards supports more than 150 entertainment and hospitality organizations, including eating and drinking establishments, hotels and motels, casinos, motion picture companies and amusement and recreation services organizations. J.D. Edwards delivers Web-enabled enterprise financial, human resources, materials, supply chain, e-business and analytic application solutions for entertainment.
About J.D. Edwards
J.D. Edwards provides Idea to Action(TM) software for managing the enterprise and supply chain. The Company's integrated applications give customers control over their front office, manufacturing, 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' SCOREX and AIMX supply chain solutions and OneWorld(TM) and WorldSoftware(TM) enterprise business software. ActivEra allows customers to change their enterprise 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.
J.D. Edwards World Source Company, 1999. J.D. Edwards is a registered trademark of J.D. Edwards & Company. OneWorld and Configurable Network Computing are trademarks of J.D. Edwards World Source Company. All other product names and companies referenced 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
ST: Colorado
IN: CPR
SU:
06/01/99 13:00 EDT prnewswire.com |
