OutlookSoft Revolutionizes Performance Management in OutlookSoft 5

OutlookSoft 5 Resets the Standard for Performance Management Applications

Stamford, Conn. and Orlando, FL -- (May 8, 2006) -- OutlookSoft Corporation today launched OutlookSoft 5 at its global user conference, Summit 2006. OutlookSoft 5 is the only solution in the industry with the ability to deliver the power of enterprise-level performance management, and the robust analytic capabilities needed to transform any organization into a predictable enterprise.

Built to be the industry’s only enterprise-ready unified performance platform, OutlookSoft 5 enables users across the enterprise to more effectively orchestrate, produce, and consume performance management applications.

A recent Gartner report indicated that “Corporate performance management continues to be high on many management agendas, driven by the twin pressures of continuing compliance demands and the need to better understand and control what drives performance in the enterprise.”*

“In today’s strict regulatory business climate, an effective means for managing a company’s performance is no longer a ‘nice-to-have’ feature,” said Phil Wilmington, CEO of OutlookSoft. “Organizations need solutions to effect dynamic and measurable change, both on the operational and financial aspects of the business. With OutlookSoft 5, we are literally transforming the way customers do business by providing the platform to achieve a transparent, accountable, and truly predictable enterprise.”

By leveraging the power of a completely adaptable user interface, a modern service oriented architecture (SOA), and the industry’s most innovative predictive analytics environment, OutlookSoft 5 is the only unified performance management application to provide individuals at every skill level with a rich user experience and the ability to gain access to, interact with, and leverage financial and operational data. Using these innovative approaches, OutlookSoft 5 ensures that every performance application is:

  • Designed for Every User: Zero footprint reporting, interactive Web interface, context driven action panes, and complete Office integration

  • Built for the Enterprise: Server oriented architecture (SOA), SQL Server 2005, Oracle 10g, application level security (LDAP), services-based API

  • Better for Business: Businesses process flows (BPF), accelerated analysis, stronger predictive analytics, compliance and governance support

OutlookSoft 5’s innovative Business Process Flows (BPF) give organizations the power to both monitor and enforce enterprise-wide information and technology processes by leveraging a shared approval flows, process and workflow tracking, and application interfaces. With BPF as a core component of its performance management strategy, customers are better equipped to put critical data into a broader context, thus enabling them to make better and more accurate decisions about their business.

About OutlookSoft

OutlookSoft Corporation provides unified, predictive performance management solutions. The essential platform for continuous enterprise optimization, OutlookSoft 5™ is the foundation for better financial and operational decisions. OutlookSoft empowers every user to optimize performance through a unified view and immediate insight into critical information. OutlookSoft ensures timeliness, accuracy, and transparency in decision making across the enterprise.

For more information please visit http://www.outlooksoft.com or call 203-964-3100.

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* “Gartner. “Magic Quadrant for CPM Suites, 2005.” By Nigel Rayner, Frank Buytendijk and Lee Geishecker.” November 4, 2005.