LucidEra does a Salesforce.com

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LucidEra does a Salesforce.com

LucidEra aims to ape Salesforce.com’s success with the launch of an on-demand business intelligence (BI) solution for mid-size companies.

A key element to attain this simplicity is the pre-built solutions for specific business areas, such as the forecast-to-billing cycle.

LucidEra’s Forecast-to-Billing draws together sales and financial data and aims to give managers in both departments a clear view of what happens from initial sales contact right through to payment of invoices.

LucidEra can pull together reports from CRM systems, such as Salesforce.com or NetSuite, with financial data in the order entry system. This insight could help firms determine how fast sales opportunities move through the sales and billing cycle or provide metrics on sales force performance.

Beta customer Ingres says that it has already experienced huge time savings and better visibility of its business.

"Before LucidEra, we found ourselves downloading data from multiple sources and merging them into Excel spreadsheets,” said Tom Berquist, EVP and CFO at Ingres.

LucidEra costs around £1,600 a month, which includes the first 100 user seats, the Forecast-to-Billing solution and pre-built connectors to three data sources.

Salesforce.com unveils Spring 07 CRM upgrade

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