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News
Press release
January 2006
AMP chooses proDacapo
EPM suite
AMP, one of Australia’s leading financial services
companies, has implemented the proDacapo Enterprise Performance
Management software solution, with a focus on expense management.
“The proDacapo software provides AMP with an additional layer of
expense management information, building on our current financial
systems. Using proDacapo, we can improve efficiency - our granular view
of service and product costs, and important financial functions such as
traceability.” Says Simon Hoole, AMP Group Finance Director, and Project
Sponsor.
“Nine out of ten companies today can not access actionable management
information to help them improve product, customer and channel
profitability. This makes their work hard! Using our software, companies
can make better decisions because it helps people understand how
business processes and underlying activity drive performance, costs and
profitability outcomes by product, segment and channel,” says Fredrik
Wastenson, CEO at proDacapo.
AMP selected proDacapo after conducting a thorough selection and
evaluation process. “proDacapo was the best fit for our strategic
direction. We have been pleased with the ease of development and
flexibility of the tool.” Says Simon Hoole.
AMP is a leading provider of wealth management products and services in
Australia and New Zealand. AMP offers financial planning, retirement
savings and income, risk and general insurance and selected banking
products to both individual and corporate clients.
Key strategic objectives for AMP include improving productivity and unit
costs, particularly in product manufacturing, planner operations, and
for AMP Capital Investors, whilst also delivering better investment
performance. proDacapo will have an integral role in helping to achieve
some of these objectives.
About AMP
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