SOURCE: Steelwedge Software, Inc.

April 16, 2008 10:08 ET

Steelwedge Software Announces Sales Planning and Performance Management (SPPM) Release 4.5 Featuring One-Click Planning™

One-Click Planning Uses Email Alerts With Direct Access to Secure Role-Based Planning Information to Simplify and Streamline the S&OP Process

PLEASANTON, CA--(Marketwire - April 16, 2008) - Steelwedge Software, the leading innovator in Sales and Operations Planning (S&OP) solutions, today announced a new product release for its Sales Planning & Performance Management (SPPM) solution featuring One-Click Planning™.

One-Click Planning features a new Steelwedge Planning Work Center that provides users visibility to critical planning, transaction and performance management data required to execute the S&OP process.

One-Click Planning enables global enterprises to achieve maximum financial and operational performance from their S&OP process by providing executives and users the ability to go directly from an email alert to value-added planning and exception resolution.

"One-Click Planning enables Steelwedge to build on its leadership position in the S&OP marketplace," said Steelwedge VP, Product Management Chris Givens. "Based on our strong track record in helping enterprises enable collaborative sales forecasting and bridging the gaps between sales and operations, our customer feedback was a key driver for us to enhance our existing workflow and adding the new work center, to be more streamlined, user friendly and configurable."

"Existing Steelwedge customers and prospects are extremely excited about the new release because it will have a significant impact on their S&OP processes and financial and operational performance," said Steelwedge CEO Glen Margolis.

"While our current Steelwedge solution is critical to enabling the collaborative sales forecasting and operations planning process, we are pleased with Steelwedge 'One-Click Planning,' which further streamlines our planning efforts, providing quick access to the information we need to make faster decisions that impact the bottom line," said the COO of a leading high technology manufacturer and Steelwedge customer.

One of the long standing challenges of S&OP is to provide an automated workflow driven solution that engages executives and planners across multiple functions to update plans on a scheduled and exception basis. One-Click Planning uses email alerts with direct access to secure role based planning information to simplify and streamline the S&OP process and increase cross-functional participation from executives to planners.

The new planning work center brings together critical information required for users to easily execute their monthly S&OP process including: Steelwedge S&OP Work Tasks, Planning Templates, Performance Dashboards and Exception Monitor. As a Certified SAP Partner, the Steelwedge S&OP "One-Click Planning" solution seamlessly augments SAP to drive executive Sales and Operations Planning processes.

Steelwedge S&OP Release 4.5 is schedule for general availability on Jun 30, 2008. The beta version will be showcased at the upcoming Steelwedge Solutions Summit on May 19-21, 2008 in Pleasanton, California.

ABOUT STEELWEDGE

Steelwedge Software Inc. links Sales & Operations Planning (S&OP) processes to existing systems through familiar desktop applications including email and Excel. Steelwedge helps companies improve the effectiveness of their S&OP, Collaborative Planning, Forecasting, and Performance Management activities. Steelwedge customers include Harley-Davidson, Hewlett-Packard, Honeywell, Emerson Electric, Juniper Networks, Nvidia, Spansion, Tellabs and Teledyne. For more information, please visit www.steelwedge.com.

Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc. All other company and product names are trademarks of their respective holders.

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