We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.

Ultimus joins Applix Strategic Alliance Program

Originally published November 8, 2004

Applix, Inc. is a global provider of Business Intelligence and Business Performance Management (BPM) software solutions. Recently Applix announced that Ultimus has joined the Applix Strategic Alliance Program. Ultimus provides complete business process management and workflow automation solutions. Applix’s TM1 will enhance the Ultimus BPM Suite with advanced analytics for the planning, budgeting and forecasting processes. 

The Ultimus BPM Suite provides structure, organization and management to broken, disconnected and inefficient areas of the organization. By importing the business process data generated and collected by the Ultimus BPM Suite into TM1, companies can readily and quickly analyze all their business process data. The combination of TM1’s analytics capabilities with the Ultimus BPM Suite means businesses now have complete visibility across all of their process levels.   

"Applix’s partnering with Ultimus is a win-win for both companies because we can provide Ultimus’ customers with unparalleled analytic capabilities that open up a range of opportunities for operational improvements made possible by the Ultimus BPM Suite," said David Menninger, vice president, worldwide marketing, Applix, Inc.   

The combined solution also means improved compliance with the new Sarbanes-Oxley-mandated requirements.  With TM1, companies can perform the necessary financial consolidation and reporting requirements of Sarbanes-Oxley, and the Ultimus BPM Suite provides for the required “auditable processes.” With these compliance measures now being phased in by all publicly traded companies, this market represents a significant growth opportunity for both companies, to which their combined solution brings a distinct competitive advantage. 

"By partnering with Applix, we extend the reporting and monitoring capabilities of the Ultimus BPM Suite with best-of-breed analytic capabilities that allow process data to be analyzed in conjunction with other key business metrics,” said Rashid Khan, CEO of Ultimus. 

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.