Better Analysis and Understanding of Results Leads to Quicker Month-end Close and a Much Simpler Report Process
London, UK , May 8th, 2008 – Actuate Corporation (NASDAQ: ACTU), the leader in delivering Rich Internet Applications Without Limits™, today announced that multinational engineering and design consultancy, Atkins, is reaping significant cost savings and operational benefits from a new project performance reporting application rolled out to 2,500 users across its business, underpinned by Actuate e.Spreadsheet. The system has exceeded Atkins’ expectations, delivering a highly configurable web-based solution, which delivers the right information in a full Excel-like experience.
Actuate e.Report has provided reliable, timely, professional-looking reports for internal and external use at Atkins for four years. As well as making its business more efficient and responsive, e.Report has enabled Atkins to add new value for its clients by keeping them up to date with the status of particular projects. In 2007, Atkins derived more value from its investment in Actuate, by using Actuate e.Spreadsheet to collapse the timeframes involved in pushing out end-of-month project summary reports to finance and project managers. This was driven by demand from the business, as part of a five-year strategy to enhance project performance.
The Atkins IT team wanted a solution that would enable the easy creation and distribution of Excel reports, replacing the old architecture, and providing better all-round support while allowing for future enhancements. Derek Fontinelle, senior analyst programmer at Atkins explains, “We were keen to protect all that the end users liked about the old process, particularly the appearance of the reports and the rich Excel output. If anything, we wanted to improve on this, by making the reports more readily available to those that needed them, via secure Internet access and a common interface.” Derek continues, “Actuate e.Spreadsheet was the obvious solution. We already had extensive experience of Actuate using e.Report, which we were extremely happy with so we didn’t feel the need to go back out to market to try other solutions.”
“Previously it could take up to four days to collate the extensive data required in project summaries before they were distributed to our finance people,” Derek explains. “As a result, in some cases it could be two weeks before the relevant information was fed to the individual project managers – half way through the new month! Actuate e.Spreadsheet has helped us shave at least four days off that process, while freeing up finance managers’ time.” Most importantly, a faster month-end close and earlier access to management accounts means Atkins project teams are now better informed and can take proactive, pre-emptive action if performance is going off course or profitability is being eroded through poor cost management.
Vincent De Gennaro, Actuate’s VP of EMEA is delighted with the continued benefits that Atkins is realising from its Actuate investment and comments, “Atkins is a shining example of an Actuate reporting implementation that started with enterprise reporting functionality and has since expanded to encompass e.Spreadsheet to automate and manage spreadsheet reporting and give users the Excel experience they demand. As a result, Atkins has much greater understanding and visibility of results delivering better intelligence, better service and bigger profits.”
For more information on Atkins and its Actuate e.Spreadsheet implementation, please visit http://www.actuate.com/download/casestudy/Atkins-case-study.....
Atkins is a multinational engineering and design consultancy, providing expertise to help resolve complex challenges. The firm delivers total solutions for public and private sector clients in a number of key markets. These might include the concept for a new skyscraper, the upgrade of a rail network, the modeling of a flood defence system or the improvement of a management process.
The group are based in 175 offices throughout the UK, with a further 80 offices providing consultancy services in continental Europe, the Middle East, Asia Pacific and the Americas. The business has an annual turnover of £1.6bn and around 18,000 professional staff. More information can be found at www.atkinsglobal.com .
About Actuate Corporation
Actuate Corporation is dedicated to increasing the richness, interactivity and effectiveness of enterprise data, for everyone, everywhere. Actuate delivers the next generation RIA-ready information platform for both customer and employee-facing applications. The Actuate platform boasts unmatched scalability, high-performance, reliability and security. Its proven RIA capabilities and highly collaborative development architecture are backed by the world's largest open source information application developer community, grounded in BIRT, the Eclipse Foundation’s only top level Business Intelligence and reporting project.
Global 9000 organisations use Actuate to roll out RIA-enabled customer loyalty and Performance Management applications that improve customer satisfaction and employee productivity. The company has over 4,200 customers globally in a diverse range of business areas including financial services and the public sector, many of which have a long history of deploying Actuate-based solutions for dozens, or even hundreds of their mission-critical applications.
Founded in 1993, Actuate has headquarters in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information on Actuate, visit the company's web site at www.actuate.com.
Copyright ®2008 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.
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