Arena PLM to Help Equitrac Speed Time to Market, Manage Supplier Collaboration and Improve ECO Proce
Foster City, Calif., Mar 12 - Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers of all sizes, today announced that Equitrac Corporation (www.equitrac.com), the world leader and most trusted name in intelligent print management and cost recovery solutions, has purchased Arena PLM to help it accelerate time to market, manage supplier collaboration, and improve engineering change order (ECO) processes. The company selected Arena PLM for its robust functionality and the software
With its line of computer hardware and software systems designed to track, record and report on office automation expenses, Equitrac helps many of the AMLAW 200 firms, Fortune Global 100 corporations, leading college campuses, and government agencies around the world recover costs, reduce waste, protect confidentiality and simplify IT. Tremendous success and rapid expansion in recent times meant the company had outgrown its old processes. Equitrac decided to transition from using spreadsheets and file servers to using Arena PLM to manage all new product introduction (NPI) information and engineering changes.
"Currently, Arena PLM is one of the most important and strategic software tools we have in the company," said Yas Barsoum, director of quality at Equitrac Corporation. "There is a cross-functional team at the company interacting with Arena PLM everyday—and the beauty of it being delivered over the Internet is that we can access our files from anywhere in the world, anytime we need the data. Arena PLM has already offered us management and efficiency improvements for handling engineering changes and we expect an even greater boost in productivity as we automate our outsourcing and compliance management processes. The cost-to-benefit ratio we received by selecting Arena PLM is tremendous."
Arena PLM is faster, easier and less expensive to deploy than traditional software options. For Equitrac, using Arena PLM means heightened supplier collaboration capabilities, with virtually no IT support costs. All customer data is hosted by Arena and protected by financial-grade security—on par with the level used by banks—not only offering cost-savings, but giving Equitrac peace of mind, knowing that its data is safer hosted with Arena than at the company alone.
"Equitrac is a perfect example of a successful, growing company that can realize huge returns by centralizing its product record, automating key collaborative processes like change management, and taking advantage of Arena's analytical tools for instant visibility into product, project, and compliance status," said Craig Livingston, chief executive officer at Arena Solutions. "The team's knowledge and experience combined with the capabilities of Arena PLM will enable the company to continue to provide a high level of products and services even as its roster of customers grows exponentially larger."