Lawson Enhances Lawson QuickStep Fashion: Financial News

Enhancements to Preconfigured Solution Help Further Speed Time-to-Value for Lawson Fashion Customers

ST. PAUL, Minn.--(BUSINESS WIRE)--Lawson Software (Nasdaq:LWSN - News) today announced the latest version of Lawson QuickStep Fashion, a preconfigured enterprise software package designed for faster implementation and faster time-to-value for Lawson fashion customers. Lawson QuickStep Fashion is an integrated solution that supports more than 70 percent of the core business processes of both fashion sourcing companies and manufacturers. The system focuses on product creation and data management, planning, sourcing, customer order management, raw material purchasing, manufacturing, supply chain management, warehouse management, product costing and integrated financial management.

The QuickStep solution now comes with comprehensive business process documentation and more than 160 educational videos to help train and guide users through common fashion industry business processes. Lawson developed these scenarios based on its experience gained through more than 250 enterprise software implementations in the fashion industry.

This latest version of Lawson QuickStep Fashion includes support for a multi-division, multi-warehouse environment, U.S. chart of accounts and sales tax information, as well as European sales tax processes. Sourcing companies can now benefit from supply chain orders that link related orders. This feature can ultimately help improve supply chain visibility and control. It can also support industry-specific processes such as “cut, make, trim” and help organizations better manage purchase order processes.

Fashion companies that use Lawson QuickStep Fashion may also benefit from the addition of joint dispatch management on sales orders, which helps ensure that orders are complete enough to send out. In addition, the solution offers drop-ship management and pre-configured processes for handling of royalty payments, agent commissions and respective discounts.

“With QuickStep Fashion we can quickly provide fashion companies with a flexible and scalable platform to help improve their operational performance in the short-term, support their future growth plans and cope with their evolving business models,” said Frédéric Champalbert, general manager, Fashion, for Lawson. “By reducing the resources, cost and time to implement, the Lawson QuickStep solution helps reduce risk associated with software deployments and is building a proven track record among fashion companies.”

During the past year, more than half of the fashion companies that purchased the Lawson M3 Enterprise Management system in the U.S. and Europe chose Lawson QuickStep Fashion to help speed their ERP deployment.

About Lawson Software

Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.

Forward-Looking Statements

This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global credit crisis; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.