AUTOMOTIVE

Increasingly, organizations are demanding sophisticated business process automation tools that also provide advanced reporting and analytics functionality. This joint offering will combine Varicent's market leading Sales Performance Management Enterprise Edition, used to manage the complex business process of variable-based payment calculations, with Applix's industry-leading real-time analytics TM1 application to provide advanced Web-based analysis and "slice-and-dice" functionality to deliver greater performance, scalability and manageability to customers' sales operations. "The combination of Applix TM1 and Varicent's SPM Enterprise Edition will accelerate the high level of growth and interest we now enjoy in the Sales Performance Management arena," said Marc Altshuller, Varicent's executive vice president. "By offering our new SPM solution with Applix TM1, we're delivering unrivaled functionality in reporting, on-demand data analysis and performance." "Business performance management is expanding beyond finance into other divisions of businesses," said David Menninger, vice president of worldwide product management and marketing, Applix, Inc. "Sales management -- including advanced analysis of spend and greater transparency -- is one of the growth areas for performance management. By combining Applix's market-leading technology, which enables rapid 'what-if' planning on large volumes and constantly changing data, with Varicent's SPM Enterprise Edition, we make it easier for organizations to track the performance of and make appropriate decisions regarding their sales opportunities and organizations." The combined solution will be unveiled at a Webcast moderated by Craig Schiff, CEO of BPM Partners on Wednesday April 26, 2006 at 2:00PM Eastern. Visit it Web site to register.