Activant Releases Prophet 21 version 11.5

An Activant Solution Update


Activant announces the availability of Prophet 21 version 11.5

YARDLEY, PA, September 4, 2007 -- Activant Solutions Inc. announces the availability of Activant Prophet 21 version 11.5.

Based on industry trends and customer requests, the latest version of the Windows-based solution features new lost sales reason codes, improved profit margin tracking, and more.

"The release of Prophet 21 version 11.5 reaffirms Activant's commitment to providing distributors with the best enterprise software solution available," said Steve McLaughlin, senior vice president and general manager of Activant's wholesale distribution group. "Prophet 21 version 11.5 offers a host of new features, including enhanced commission functionality and the new portal view, all designed to help distributors streamline processes and run their businesses more efficiently."

New features in Prophet 21 version 11.5

According to Jennifer Buschmann, president of E.A. Buschmann Inc., an early adopter of Prophet 21 version 11.5, the new portal view functionality offers considerable value to any distributor looking to wring excess time and costs from their operations.

"The ability to open a portal view in an area such as accounts receivable enables us to validate orders much quicker," said Buschmann. "Although we save only seconds per transaction, when we consider how many times this functionality is used each day, they add up to a significant improvement in efficiency."

Prophet 21 launches a portal view each time a new module is opened, which, when enabled, populates with role- and module-specific information that allows users to quickly view their open tasks and activities, as well as open quotes and open orders.

Other new features include:

Enhanced Commission Functionality -- Enhanced commission module functionality allows commissions to be calculated based on the order type, adjustments to be made for terms and late payments, and includes support for commission splits.

Modify Existing Financial Statements -- Integration between Prophet 21 and Microsoft Excel has been enhanced to improve auditing accuracy by offering the freedom to insert, remove, or reposition lines on any Excel spreadsheet associated with a financial statement.

Calculate Pricing by Product Group Profit Margin -- To ensure that all items within a given product group continue to yield the desired profit margin, the option now exists to specify a gross profit percentage and cost source at the product group level. The solution then recalculates the price of each item within the product group, and when updated, displays the new sales price on all order lines.

Lost Sales Reason Codes -- Lost Sales Reason Codes allow users to track if a sale was lost due to a data entry error, an inventory deficiency, or more, and provide a tremendous amount of insight into how inventory forecasting or internal processes must be altered to improve sale completion.

Margin of Last Sale -- This new setting in pricing and customer maintenance helps to keep margins and profit percentages predictable by enabling users to view the last price a particular customer paid for a particular item, the gross profit percentage earned on the last invoice, and determine whether or not new pricing will be based on the gross profit margin of the last invoice issued.

And Many More

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