SOURCE: Steelwedge Software, Inc.

September 14, 2007 07:55 ET

Spansion Selects Steelwedge Software to Drive Its Collaborative Sales Forecasting Process

New OnDemand Solution to Create Single Forecasting Environment to Capture Customer Demand Supporting Sales, Planning, Manufacturing and Finance

PLEASANTON, CA--(Marketwire - September 14, 2007) - Steelwedge Software, the leader in Sales Planning and Performance Management solutions, announced today that Spansion, the world's largest pure-play provider of Flash memory solutions, has selected its OnDemand collaborative sales forecasting and planning solution.

"We are very pleased that Spansion has chosen Steelwedge Software to drive its collaborative sales forecasting process," said Steelwedge CEO Glen Margolis. "We are committed to leveraging our expertise with high tech manufacturing companies to enable Spansion to improve the accuracy, effectiveness and efficiency of their sales forecasting process."

Spansion had set six criteria for its sales forecasting software: (1) single corporate-wide solution for sales forecasting and performance management; (2) scalable, comprehensive and cost effective; (3) meets the diverse requirement of all business units; (4) easy to use, maintain and expand over time; (5) timely forecast information; and (6) Near real-time visibility to billings and backlog.

"Steelwedge is the best overall solution to meet our needs for collaborative sales forecasting and seamless integration with Salesforce.com," said Spansion Director of Business Operations Pete Pichette. "Their rapid, on-demand, unique package of features and benefits includes a single plan of record that facilitates planning and management, Enterprise Enabled Excel™ that drives internal and external collaboration and proactive, in-box based, exception-driven feedback and accountability."

Spansion will be able to generate seven important weekly and monthly reports in three areas -- Performance Management (Executive and Sales Manager Dashboards), Account Management (Order Detail and Sales Operations Detail) and Business Intelligence (Revenue & Margin Analysis, Forecast Accuracy Analysis and Sales Pipeline Intelligence).

Flash memory can be found in nearly every electronic device -- cell phones, printers, networking equipment, set-top boxes, high-definition TVs, games and other consumer electronics. The demand for more multimedia content at home, at work and on the go is resulting in more complex electronic devices which in turn require more Flash memory.

About Steelwedge. Steelwedge Software links Sales & Operations Planning (S&OP) processes to existing ERP systems through familiar desktop applications including email and Excel. Steelwedge clients include Enterasys Networks, Harley-Davidson, Hewlett-Packard, Honeywell International, Juniper Networks, Monster Cable, NVIDIA, Spansion, Tellabs and Teledyne.

Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc.

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