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Web Models Give Enterprise Visibility Into Performance, Accountability and Scalability

SAN FRANCISCO, Calif. — May 29, 2003 — A3 Solutions, Inc., a pioneer in spreadsheet-centric software technology, announced today that a s stormy economic conditions wreak havoc on the travel industry, one of the largest U.S. airlines has deployed powerful new technology that provides clear visibility through the turbulence. The technology is A3 Modeling, a scalable Web-based budgeting, forecasting and management reporting software product that in cost savings and efficiency gains alone has paid for itself twice over in the 6 months since deployment. Annualized, A3 Modeling provides a remarkable 400% Return On Investment.

Weekly consolidation processes that previously consumed the time and productivity of numerous personal and their time each week--considered "unsupportable" by current budgeting technology--are now managed in one hour. The confidence and accountability that come with improved timeliness and accuracy have enabled an intensified focus on optimization of resource usage.

"A3's centralized administration and Web deployment mean one staff member can support all of my divisions from a single point," states the airline's planning administrator overseeing the A3 Modeling based application. "By cutting cycle time we not only improved reporting, but we also slashed resource demands enterprise-wide."

"We use A3 Modeling to streamline our budgeting process around SAP, said the airline's planning administrator who oversees nearly 200 users accessing more than 15 cubes of complex financial and operational data from SAP. "The finance department controls the business rules, while end users get live models personalized for their needs. It's a win-win deal. End users enjoy high productivity and I get seamless visibility into their performance at all levels of the enterprise."

"A3 Modeling is optimized to sustain a diverse and geographically dispersed user community having multiple financial and operational needs," said A3 Solutions chief executive officer & president, Robert Lautt. "With A3 Modeling, users enjoy models-models as sophisticated and interactive as their favorite desktop spreadsheets-dynamically built, live over the Web."

About A3 Solutions

A3 Solutions is an innovator in the Corporate Performance Management market (CPM, BPM, EPM). Leveraging its advanced analytic application technology, A3 Solutions competes successfully with market leaders by delivering more powerful budgeting, forecasting, management reporting and executive dashboard solutions that deploy more quickly and at lower total cost. Come to our website (www.a3solutions.com) and see how American Airlines, Avon, Cox Communications, Johnson & Johnson, McDonald's, Safeway, Toyota, Williams Sonoma, and Verizon use software from A3 to reduce the time and labor associated with spreadsheets, increase confidence in reporting and analysis, enjoy more timely and detailed visibility into operational performance, and make decisions more quickly and confidently. A3 Solutions' partners include leading enterprise technology providers such as Microsoft (Nasdaq: MSFT, News), IBM (NYSE: IBM, News), and Hyperion Solutions (Nasdaq: HYSL, News). A3 Solutions is headquartered in San Francisco, California. To learn more about the company or its flagship product, A3 Modeling, visit www.a3solutions.com, send an email to sales@a3solutions.com, or call (800) 666-CUBE (2823) or 415-356-2300.

 
 
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