Robert Kugel's Analyst Perspectives

Acquisition of Lawson Complements Infor’s Portfolio

Posted by Robert Kugel on Apr 28, 2011 8:38:20 AM

Golden Gate Capital and Infor (which is owned largely by Golden Gate Capital) will acquire Lawson Software for approximately $2 billion  in a transaction that is expected to be completed sometime in this year’s third quarter. Lawson is the latest in a string of enterprise software acquisitions made or financed by Golden Gate that began almost a decade ago. Today, Infor is made up of legacy companies such as Baan, Comshare, ePiphany, Dun & Bradstreet Software, SSA, Sun Systems and Symix, to name just a handful. Compared to Oracle’s acquisition approach, I would describe Golden Gate’s as more of a “rollup” of applications software vendors because it incorporates a larger number of smaller companies. While Oracle has focused primarily on serving the largest corporations, Infor’s customers tend to be midsize to large companies or divisions of very large corporations. Nonetheless, with this acquisition Infor will have a larger base of revenue and installations to work from in an industry where size and economies of scale drive profitability and competitiveness.

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Topics: Business Analytics, Business Performance Management (BPM), Business Technology, CFO, Corporate Finance, Customer Performance Management (CPM), ERP, Financial Performance Management, Financial Performance Management (FPM), Human Capital Management, Infor, Operational Performance Management (OPM), Oracle, Sales Performance Management (SPM), Supply Chain Performance Management (SCPM), Talent Management, Workforce Performance Management (WPM)

With IT Departments, Companies Get What They Deserve

Posted by Robert Kugel on Mar 20, 2011 8:17:12 PM

One of the many interesting findings that came out of Ventana Research’s comprehensive benchmark research on business analytics was partly buried in an analysis of maturity groups. The Maturity Index of our research benchmarks classifies organizations at four maturity levels (from bottom to top, Tactical, Advanced, Strategic and Innovative) in each of four categories: People, Process, Information and Technology. We’ve conducted more than 100 benchmarks during the past seven years, covering thousands of organizations and gauging their maturity in performing important operations. We’ve consistently found an interrelationship among the people, process, information and technology dimensions in every major business issue. That is, companies that fall short in one dimension tend to fall short in others, and usually to the same degree, precisely because corporate pathologies are self-reinforcing.

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Topics: Business Analytics, Business Collaboration, Business Intelligence, Business Mobility, Business Performance Management (BPM), Business Technology, Cloud Computing, Collaboration, Customer Performance Management (CPM), Enterprise Software, Financial Performance Management (FPM), Information Management (IM), Information Technology, IT Performance Management (ITPM), Mobility, Operational Intelligence, Operational Performance Management (OPM), Sales Performance Management (SPM), Social Media, Supply Chain Performance Management (SCPM), Workforce Performance Management (WPM), CIO

XBRL Filing Errors Point to Need for Automation through Technology

Posted by Robert Kugel on Nov 27, 2010 12:45:15 PM

The US Securities and Exchange Commission’s (SEC) “Interactive Data” initiative continues to progress forward. Thus far, some 1,500 corporations have filed their financial information using XBRL tags to facilitate review and analysis, of which almost 400 have had done detailed tagging of their footnotes. By June 2011 all public companies will have to provide an XBRL-tagged, interactive version of their financial statements. As I’ve noted in the past, I think companies should find ways to automate the XBRL tagging process to make it as efficient as possible and make this a part of a close-to-report process automation effort that can lower the cost of compliance, and give companies more time to review the substance (not just the details) of their filings.

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Topics: Business Performance Management (BPM), Business Technology, Corporate Finance, Financial Performance Management, Financial Performance Management (FPM), IT Performance Management (ITPM), XBRL, Office of Finance, CFO

What is the Value of Your Financial Performance Management Software?

Posted by Robert Kugel on Nov 27, 2010 12:42:31 PM

Ventana Research has just announced its Value Index for Financial Performance Management (FPM) for 2010. Our value indexes are user-focused assessments of how well software vendors and packages enable companies to improve their execution of core processes. This one is designed to help businesses, especially the finance organization, evaluate the FPM software suites offered by major vendors in the context of their specific needs. Ventana Research defines financial performance management as the practice of managing the efficiency and effectiveness of financial processes including analytics, budgeting, consolidation, planning, reporting and strategy. The methodology we use to produce the Value Indexes involves evaluating in detail aspects of product functionality and suitability-to-task as well as the effectiveness of vendor support for the buying process and customer assurance.

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Topics: Business Performance Management (BPM), Business Planning, Business Technology, CFO, Corporate Finance, ERP, finance, Financial Applications, Financial Performance Management, Financial Performance Management (FPM), Office of Finance