Apr 27, 2010 (BUSINESS WIRE) –The California Dental Association (CDA), the largest statewide dental association in the United States, announced today that it has implemented the Lawson S3 Enterprise Financial Management suite and Lawson Business Intelligence. The organization is using the Lawson solutions to replace its disparate finance applications with a central, consolidated system that will help it increase efficiency and focus more resources on growing its membership. Lawson Professional Services managed this implementation.
CDA, based in Sacramento, Calif., has more than 25,000 members representing over 70 percent of dentists practicing in the state. The organization, comprised of five entities including an insurance company, was using two separate general ledger applications. This burdened accounting with several manual processes and did not provide the up-to-date financial data that management needed to run each business unit as efficiently as it needed. To help improve efficiency, CDA wanted to consolidate its various applications into a central general ledger system.
“We chose Lawson because we needed a solution that could better accommodate the intricacies of our various business groups, yet was robust enough to grow right along with us,” said Bob Spinelli, CFO for CDA. “The Lawson solutions will help us distribute more frequent, timely reports to senior management so they have a heightened awareness of the fiscal health of their particular business.”
The S3 Financial Management Suite will help CDA improve transparency of business processes and reduce costs by standardizing the chart of accounts and company structures. It includes core financial functions that are necessary to run a business, such as general ledger, which is integrated with accounts payable, accounts receivable and cash management tools. This helps support more efficient invoice processing. The organization also uses Lawson Business Intelligence for customized reports and distribution. This deeper view into key data will help provide CDA leaders with a more complete view of information, allowing them to analyze operational processes faster, make decisions, and enter those decisions back into operational systems to help capitalize on business opportunities.
“The insurance industry today is facing growing demand to be profitable, and many insurers are turning to solutions like Lawson to help eliminate inefficient administrative processes,” said Dave Siebert, general manager for Lawson Services Industries. “Lawson solutions are designed to meet the industry-specific needs of organizations like CDA, and provide tools for gathering, analyzing and sharing financial and operational information that is vital to the success of the business.”
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, 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.
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 uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company’s targeted industries and other risk factors listed in the company’s most recent Quarterly Report on Form 10-Q and 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.