news: press releases

AnchorPoint Launches Version 6.0 of Award-Winning Telecom Expense Management Solution

AnchorPoint Version 6.0 to Feature Expanded IT Asset Management and TEM Reporting Functionality and a SQL Server Upgrade

Dec 12, 2006 - Framingham, MA - AnchorPoint, the leading provider of integrated Telecommunications Expense Management (TEM) solutions, today announced the release of AnchorPoint Version 6.0. Building on the solution’s award-winning software, AnchorPoint has integrated specialized IT asset management configurability tools to incorporate a broader spectrum of IT/Telecom assets, services and business-critical transaction types.

Managing spend is a critical success factor for all enterprises, and gaining control of that spend starts with the ability to analyze trends and quickly identify problem areas in real-time. The AnchorPoint V 6.0 features the following new functional enhancements:

• Release 6.0 delivers IT/Telecom management - a holistic approach to managing spend for all voice, data and wireless initiatives. Incorporating IT assets and services into the expanded AnchorPoint data model provides a 360 degree end-to-end view of crucial intelligence for IT/Telecom staff.

• AnchorPoint 6.0 leverages this enhanced data model and reporting capabilities to provide IT executives with the visibility and control of all their IT assets throughout the entire procure to pay lifecycle. Armed with this, enterprises can make nimble, smart and swift decisions to stay competitively focused. AnchorPoint users ― ranging from C-level executives and financial analysts to business line managers and telecom operators ― will be able to personalize, design and receive more robust Web-based reports that detail their specific IT/Telecom budgets, assets and usage.

• With Version 6.0 enhanced set of reporting and expanded asset management functionality, AnchorPoint 6.0 leverages Microsoft SQL Server 2005 providing the added benefits of the integrated Microsoft. Net infrastructure. Microsoft’s latest edition of SQL Server includes Reporting Services (SSRS), Service Broker (SSSB) and Integration Services (SSIS) all facilitating easier reports usage and data management.

The latest release also takes advantage of Business Objects version XI which includes enhanced user interface capabilities. AnchorPoint Business Analytics is built on Business Objects technology, providing a more robust interface experience and a greater ease of use.

“AnchorPoint is continually looking for ways to empower our customers, CIOs, CFOs and IT/Telecom Managers, with additional visibility and access into their real-time data,” said John Venditti, Vice President, Software Operations. “Our new reporting and analytics functionality adds that next level of financial control by allowing users to identify problem areas, and then drill-down into those problem areas to uncover root causes. They can then determine which levers to manipulate to reduce costs, increase efficiency, and drive performance.”

The Aberdeen Group recently conducted comprehensive research on the needs of the marketplace. “Our market research shows visibility and control is a top priority selected by 82% of our respondents and 74% of our respondents selected inventory asset management as their second priority, stated Joe Basilli, Research Director with Aberdeen. “With this new release AnchorPoint is aligned with the top priorities of end users.”

Corporate Contact:
Michael Grillo | Marketing Manager | +1 508-628-4524 | mgrillo@anchorpoint.com

Media Contact:
Tom Bain| Racepoint Group | +1 781-487-4616 | tbain@racepointgroup.com

About Anchorpoint

AnchorPoint (www.AnchorPoint.com) is a leading provider of Telecom Expense Management Solutions that enable enterprises to gain visibility and control of strategic assets that drive key business processes and crucial competitive advantage. The company’s award-winning software, consulting and managed services solutions -- including integrated Invoice, Asset, and Usage Management and Business Analytics tools -- provide professionals at every level of the organization with rapid access to concise, actionable data. Armed with this knowledge, they can make smart operational and financial decisions that maximize the performance of core assets and services. From reducing costs and optimizing resources for superior ROI; from allocating budgets to ensuring regulatory compliance; from purchasing to payment; and everything in between, global leaders like BB&T, Pitney Bowes and AGFA rely on AnchorPoint for absolute control over bottom line results.