Lawson Software (Nasdaq:LWSN) today introduced Lawson Analytics for
Healthcare, a new analytic solution that will offer healthcare
organizations a simple way to connect staffing, clinical and financial
information for better decision making. Lawson Analytics for Healthcare
is designed to help deliver the benefits of a major business
intelligence project at a fraction of the cost and time. It is scheduled
to be generally available in May 2011 and will provide timely metrics
from across the organization to help healthcare organizations measure,
improve and monitor their financial performance. Lawson introduced the
new offering during the 2011 Lawson Conference and User Exchange (CUE)
that opened today in Boston.
Built by healthcare experts for healthcare organizations, Lawson
Analytics for Healthcare helps simplify access to the right information
at the right time across an organization. It extracts data from Lawson
applications, including supply chain, staffing and financial data, as
well as data from non-Lawson systems. This creates a rapid connection
within a healthcare organization’s operations allowing staff to stop
searching for data and start analyzing it. It also provides greater
confidence in business decisions.
Lawson Analytics for Healthcare also helps simplify the software user’s
experience by presenting data in a highly intuitive view, with the most
relevant information and action items in a clear view. "We worked
closely with our healthcare customers to better understand the data that
is most important to them and to understand precisely how they use the
information,” said Bob Ainsbury, vice president of industry strategy for
Lawson Healthcare. "By delivering relevant data, we can help our
customers improve their business performance and operating margin on a
sustained basis by helping them target cost reduction initiatives and
improve business processes.”
Catholic Health East is one of the first Lawson customers to use the
Analytics solution. Catholic Health East (CHE) is a multi-institution
Catholic health system serving patients from Florida to Maine and
employs approximately 54,000 people. The health system used Lawson
Analytics for Healthcare to focus on finance and supply chain activities.
"Prior to using Lawson Analytics for Healthcare, we had limited access
to metrics to help us assess vendors, giving us a limited picture of
vendor performance,” said Florence Doyle, vice president of supply chain
for CHE. "Vendor performance is based on many key metrics, including
on-time delivery, complete and accurate orders, and accurate shipping,
which is what we refer to as the ‘Perfect Order.’ We now have a tool
that allows us to monitor a wide range of vendor perfect order metrics,
follow data trends over time, and compare vendor performance by each CHE
facility and region. This will help us partner with our vendors to
improve performance and reduce costs over time.”
"Healthcare organizations need easy access to the most important
business data to make better, faster decisions,” said Jim Catalino,
general manager for Lawson Healthcare. "By creating Lawson Analytics for
Healthcare, we can help simplify this highly complex task. Ultimately
this helps our customers reduce costs, improve efficiency and enhance
patient care.”
Lawson Healthcare is the information technology partner that helps
manage and connect the clinical, financial and operational information
that allows providers to concentrate on their mission of delivering the
best patient care possible. Lawson Healthcare has the combination of
software, people and industry know-how to help improve the business of
healthcare.
About Lawson Software
Lawson Software is a global provider of enterprise software. We provide
business application software, maintenance and consulting to customers
primarily in specific services, trade and manufacturing/distribution
industries. We specialize in and target specific industries including
healthcare, services, public sector, equipment service management &
rental, manufacturing & distribution and consumer products industries.
Our software solutions include Enterprise Financial Management, Human
Capital Management, Business Intelligence, Asset Management, Enterprise
Performance Management, Supply Chain Management, Service Management,
Manufacturing Operations, Business Project Management and
industry-tailored applications. Our applications help automate and
integrate critical business processes, which enable our customers to
collaborate with their partners, suppliers and employees, 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 www.lawson.com.
For Lawson’s listing on the First North exchange in Sweden, Remium AB is
acting as the Certified Adviser.
Forward-Looking Statements
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 the
software industry; uncertainties as to when and whether the conditions
for the recognition of deferred revenue will be satisfied; uncertainties
as to when and whether signed software license contracts will meet the
conditions for the recognition of revenue; increased competition; the
impact of foreign currency exchange rate fluctuations; continuation of
the global recession and credit crisis; Lawson’s ability to integrate
acquisitions successfully; changes in conditions in the company's
targeted industries; the impact of the earthquakes in Japan and New
Zealand on the business environment; the outcome of pending litigation
and other risk factors listed in the company's most recent 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.
