London, UK, Nov. 25, 2010 – Lawson Software (Nasdaq: LWSN) announced today that VASCO Data Security International Inc. (Nasdaq: VDSI), leader in strong authentication and e-signature solutions, has successfully finalized the upgrade to its core enterprise management system M3 7.1 recently. This upgrade enables VASCO to meet the requirements of several countries in the range of finance in a better way and to push the ongoing automatisation of the company’s business processes.
VASCO, Lawson customer since 2008, has gone live 2009 and uses Lawson M3 7.1 for its core processes in finance and logistics to cover global requirements.
“We needed an integrated ERP system to cover our multi-site operations and to run the solution with different global currencies in order to optimize and consolidate our business processes,” said Victor Hoogland, Chief Information Officer at VASCO. The implementation of Lawson M3 covered VASCO‘s headquarter for operations in Belgium as well as further company sites in Switzerland, the United States, the Netherlands, Australia, Austria, Singapore, Brazil and Japan. Beginning of 2010 Bahrain, India, the United Kingdom, France and an additional site in Switzerland have been added to the project.
“Especially the functionality of Lawson M3 MUC (Multi-Unit-Coordination) supports our ambitious expansion strategy in an excellent way, enabling our company to integrate additional sites without problems and very quick into our core ERP system,” comments Victor Hoogland.
In 2010 changes in finance requirements for some European countries, in particalur with focus on VAT, made it necessary for VASCO to take the decision for the recent upgrade project. “Financial guidelines and regulations on European and global level are getting more and more strict and mandatory. Due to our long and deep experience with global customer projects Lawson is the best fit to support VASCO and to help our customer getting stronger”, said Arnaud Decarsin, general manager Manufacturing & Distribution at Lawson.
VASCO is a world leader in strong authentication and e-signature solutions, specializing in online accounts, identities and transactions. As a global software company, VASCO serves a customer base of approximately 10,000 companies in over 100 countries, including approximately 1,500 international financial institutions. In addition to the financial sector, VASCO’s technologies secure sensitive information and transactions for the enterprise security, e-commerce and e-government industries.