21.02.2011 14:00:00
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Lawson Software Recognized as the Leading Provider of Workforce Management Solutions; Wins TekTonic Award
Lawson Software (Nasdaq: LWSN) today announced it has won the 2010 TekTonic Award for "Industry Leading HR Technology Solution” in Workforce Management at HRO Today’s HR Demo Show. The Lawson Workforce Management solution received high marks across the board for its efficient workforce planning module, and was distinguished as a leader among some of the industry’s top HR technology providers. The TekTonic Award is a premier peer-recognition award that honors the most innovative and progressive HR technology offerings and is based on feedback from customers, industry analysts and independent third-party evaluations.
"For every organization, the workforce is the most important component of success; Lawson clearly excels at helping clients manage the workforce. They won the 2010 TekTonic Award in their category because they not only have been the industry leader, but they continue to lead the segment through industry vision and innovation,” said Elliot Clark, chairman and CEO of HRO Today magazine.
The Lawson Workforce Management solution is part of the Lawson Human Capital Management system. It helps healthcare organizations optimize workforce management tasks, from gathering availability and leave requests, modeling staffing demand, and generating schedules, to managing time and attendance tasks and processing payroll rules. With this efficiency, Lawson can help organizations improve profitability and business outcomes by helping to make sure the right people are in the right places at the right time.
Given the complex nature of scheduling and staffing within the healthcare industry, Lawson received additional praise for its solutions in commentary provided during the nomination process. One customer noted, "The Lawson workforce planning module for healthcare workforce management changed not only the operation of our HR department but of our entire healthcare system. It drove better time and attendance and allowed us to manage cost while improving quality of care metrics.”
"It’s a complex challenge to manage a healthcare workforce in the middle of an industry-wide staffing shortage and with increased financial pressure,” said Jim Catalino, senior vice president and general manager, Lawson Healthcare. "Based on our extensive experience working with customers in the healthcare industry, we understand their constraints. Lawson Workforce Management not only helps healthcare organizations manage their administrative tasks more cost effectively, but also helps create a more desirable environment for employees to work, and for patients to heal.”
About Lawson Software
Lawson Software is a global provider
of enterprise software. We provide business application software,
maintenance and consulting to customers primarily in specific services,
trade and manufacturing/distribution industries. We specialize in and
target specific industries including healthcare, services, public
sector, equipment service management & rental, manufacturing &
distribution and consumer products industries. Our software solutions
include Enterprise Financial Management, Human Capital Management,
Business Intelligence, Asset Management, Enterprise Performance
Management, Supply Chain Management, Service Management, Manufacturing
Operations, Business Project Management and industry-tailored
applications. Our applications help automate and integrate critical
business processes, which enable our customers to collaborate with their
partners, suppliers and employees, 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.
Forward-Looking Statements
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 the software industry; uncertainties as
to when and whether the conditions for the recognition of deferred
revenue will be satisfied; increased competition; the impact of foreign
currency exchange rate fluctuations; continuation of the global
recession and credit crisis; Lawson’s ability to integrate acquisitions
successfully; changes in conditions in the company's targeted
industries; the outcome of pending litigation and other risk factors
listed in the company's most recent 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.
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