Thomson Elite Signs Reseller Agreement with Clarity Systems for Comprehensive Budgeting Functionality
LOS ANGELES, 07/17/2006, Thomson Elite and Clarity Systems have formed a reseller partnership to provide comprehensive budgeting and forecasting capabilities to professional services firms as part of a full business intelligence solution. Thomson Elite is part of The Thomson Corporation (NYSE: TOC; TSX: TOC) and a worldwide provider of integrated practice and financial management systems for professional services firms.
Thomson Elite will offer Clarity 6, the most recent version of Clarity Systems’ highly scalable Web-based software, to complement the financial analysis and reporting tools in the Elite® Enterprise suite. Thomson Elite will have worldwide exclusivity to resell Clarity 6 in the legal and professional services markets. The company will integrate subsequent releases of Clarity Systems’ product with its next-generation Elite® 3E Business Optimization Suite.
The reseller partnership brings key budgeting enhancements to Thomson Elite’s flagship software, including the following:
* Familiar Microsoft® Office Excel look and feel
* Multidimensional OLAP database for powerful analysis and reporting
* Flexibility in interface and report appearance
* Web-based platform for ease of deployment and convenient access to data
* International capabilities such as multiple languages and currencies
* Audit trail to recover previous budget version
“We’re anticipating the business intelligence needs of our clients by leveraging the robust capabilities Clarity Systems delivers,” said John Callahan, director, market segments, Thomson Elite. “With profitability goals becoming increasingly difficult to achieve, today’s firms require the visibility and competitive edge that budgeting, forecasting and reporting tools deliver.”
Additionally, the Thomson Elite and Clarity Systems development teams will work together to create new customization products specifically for legal and other professional services firms.
“We recognize the importance and continued growth of professional services in today’s global economy,” commented Paul Hill, chief operating officer, Clarity Systems. “We handpicked Thomson Elite as a leader in its industry to combine our expertise and achieve our mutual goals in the marketplace.”
Clarity Systems delivers superior corporate performance management software solutions, training, consulting and advisory services for financial budgeting, planning, consolidation and reporting.
About Thomson Elite
Thomson Elite is a leading provider of integrated information solutions to professional services firms worldwide. Thomson Elite is a business within The Thomson Corporation (NYSE: TOC; TSX: TOC) and is a premier provider of financial and practice management systems to the legal industry and to other professional services markets, including accounting, engineering, marketing services, and management and IT consulting. For more information, visit www.thomsonelite.com.
About The Thomson Corporation
The Thomson Corporation (www.thomson.com), with 2005 revenues of $8.5 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and healthcare. With operational headquarters in Stamford, Conn., Thomson has approximately 40,500 employees and provides services in approximately 130 countries. The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
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