Extensity will unveil the latest version of its employee
relationship management (ERM) solution today, which aims to help
companies boost bottom-line results through integrated tracking and
controlling of employee-based financial processes such as expense
reporting and time sheets.
The company will also announce that it has embedded technology from
BEA Systems, Business Objects, and Sun Microsystems in the new
Extensity 6 suite to provide richer reporting, improved usability
and enhanced deployment.
For most corporations, up to 40% of all expenditures - such as
travel, overtime, and procurement - is in the hands of the
employees, said Mark Oney, senior vice- president of engineering at
Extensity. But despite this, these have been areas that finance
departments have, traditionally, had little control over because
data was housed in disparate systems, Oney added.
"[Extensity 6] is optimising the relationship between employees and
their company," he said. "Our customers have been able to realise a
very hard ROI by applying our applications such as expense
reporting, travel planning and processing and time sheets."
The product is designed to deliver rich analytics and real-time
monitoring across the corporation. Through an optimised reporting
database, Extensity 6 provides analytics via standard reports or a
variety of customised reports using either a customer's own tools
or the embedded business objects tools.
BEA's Java-based WebLogic Server provides the base for Extensity's
back-end server components and brings the Java and Java Enterprise
standards to the development, integration, deployment, and
management of Extensity's applications.
Extensity 6 also uses WebLogic's clustering, monitoring, and
management tools to ease administration. Since BEA WebLogic 6.1 is
an embedded component of Extensity 6, customers get the benefits of
WebLogic's scalability and performance, without the complexity of
setting up an application server.
From Business Objects, Extensity is exploitinging WebIntelligence,
the integrated query, reporting, and analysis solution for the Web,
and Business Objects InfoView, a business intelligence portal that
collects and consolidates organisations' business intelligence
information and presents it to users.
Extensity embeds Sun's J2EE (Java 2 Enterprise Edition).