[Company Name] selects finance and procurement solution from LAKE

LEEDS, UK - 8th September 2009. LAKE today announced that it is to supply and implement a Finance system based on PROACTIS and Infor SunSystems. The total value of this order is £230,000.

[Name], Financial Controller for [Company Name], explains the motivation for system change:

"[Company Name] is a rapidly growing company. We were finding that the systems we had in place were not adequate or flexible enough to keep pace with the business. It couldn't produce reports quickly and did not have the flexibility to enable us to slice and dice the data in a way that would be useful for operational and financial management...

.. An essential requirement was to improve operational efficiency, particularly in the area of purchasing. We were operating a totally inefficient and manual procurement system. We desperately needed an electronic solution that would allow us to track and monitor all of our purchasing activity to ensure it was happening in a timely manner and would provide complete visibility of spend."

The selection of the LAKE solution followed a formal process that included a public contract notice in the Official Journal. Upon awarding the contract to LAKE, [Name] makes the following observations.

"We were very impressed with the functionality of the solution, particularly the reporting. It provides the analysis flexibility we need; it is easy to use and will enable us to develop a system of self-service reporting...

.. LAKE compared favourably with some of the larger systems that we looked at. The LAKE solution was much better value...

.. LAKE went through the tendering process in a very competent and professional manner. They answered all of our questions and demonstrated to us that they had the system and the organisational capability to meet our needs."

Adrian Howard, General Manager for LAKE, concludes:

"We are delighted to welcome [Company Name]. This proves the value of focussing on customer needs, focusing on the combination of Proactis and Infor SunSystems software, and retaining expertise in the business for the long term benefit of our clients"