Accounts Receivable Management Company Counts on Business Objects to Enable Trusted Information and Help Customers Improve Debt Collection Capabilities
SAN JOSE, Calif.; PARIS, France - January 13, 2006- Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced that Omnium Worldwide, Inc. has selected BusinessObjects Data Integrator XI to help ensure data credibility and improve decision making. Omnium enables clients to better manage the accounts receivable process and deals with sensitive financial information, so the ability to work with trustworthy, consistent data is critical. Already a Business Objects customer, Omnium will now expand its Business Objects deployment with Data Integrator XI. The company chose Data Integrator XI for its tight integration with the BusinessObjects XI platform.
Omnium is committed to delivering accounts receivable solutions that are specialized for the communications, financial services, healthcare, and insurance industries. The insurance business unit at Omnium selected Data Integrator XI to extract and cleanse data files from its customers. Using Data Integrator XI, the company can turn large files of raw financial data into trustworthy information that helps its customers collect on outstanding debts more quickly. A long-time Crystal Reports customer, Omnium chose Data Integrator XI because Business Objects allowed them to standardize on one platform for all their BI requirements including reporting, data cleansing, and extract, transform, and load (ETL). With Business Objects, Omnium can cleanse data and create accurate reports on outstanding debtors that help their customers to more rapidly collect payment from their clients.
"We are a customer of Business Objects but we also look at Business Objects as a strategic partner in developing our BI ecosystem," said Ed Peabody, director of application development at Omnium Worldwide. "Omnium customers need us to be on the cutting edge of technology and Business Objects helps us get there. Our ability to ensure data credibility throughout the entire organization puts us ahead of our competitors by giving us the ability to identify fraud, or get outstanding debts paid more quickly for our customers. With Business Objects we can serve our insurance customers better."
Another key factor in Omnium's decision was the tight integration between Business Objects Data Integrator XI and software from Firstlogic, a leading global provider of data quality solutions and services. When data files first arrive at Omnium, they include names and addresses for thousands of insurance claims. The Firstlogic solution performs complex data cleansing to ensure the data is accurate, eliminate inconsistencies, and reconcile redundancies, plus employs "householding" to identify relationships between related customer records, such as those for families or groups of individuals. Because Firstlogic technology is embedded within Data Integrator XI, developers can use one interface to correct and standardize data and ensure accuracy throughout all records. Once data has been cleansed, BusinessObjects Data Integrator XI allows Omnium to transform the data, apply business rules to it, and investigate the claim's legitimacy.
"Business Objects knows that business intelligence starts with trustworthy data. Without credible, consistent numbers your BI deployment is a disaster waiting to happen," said Rene Bonvanie, chief marketing officer at Business Objects. "Customers like Omnium recognize the power of BusinessObjects Data Integrator because our data integration solution is built right into our BI platform. As customers increasingly look for a one-stop shop for BI, Business Objects is the obvious choice."
About Omnium
Omnium helps its clients recover money. Omnium employs 625 associates in Omaha and has over 800 associates in sites throughout the United States.
Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world's leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 46,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry's strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
Business Objects and the Business Objects logo, BusinessObjects and Crystal Reports are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.
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Business Objects and the Business Objects logo, BusinessObjects, WebIntelligence, Crystal Reports, and Crystal Enterprise are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.