On The Market:

Next Generation of CorVu's RapidScorecard Available

CorVu Corporation, a leading provider of enterprise e-business performance management, business intelligence and Balanced Scorecard solutions, announced the availability of RapidScorecard Version 2. This release of CorVu's innovative Balanced Scorecard application offers enhanced visualization of performance results and an improved user interface; an option to drive and maintain an organizational scorecard via email; seamless integration with CorVu's CorManage and HyperVu applications; as well as a variety of other new features.

"RapidScorecard has been overwhelmingly adopted by the marketplace as the best practice for automating a Balanced Scorecard," stated Justin MacIntosh, CorVu's president and CEO. "Our clients have proven that RapidScorecard makes it simple and quick to automate a Balanced Scorecard, and to achieve results in only a number of days, not weeks or months. With the enhanced visualization in version two, RapidScorecard has matured into a complete, robust application that can quickly and positively impact our customers' corporate performance."

"After an extensive evaluation of business performance management systems, we determined that RapidScorecard was the ideal Balanced Scorecard solution for Promina," commented Glenn Black, senior vice president and CFO of the Promina Health System. "We chose RapidScorecard to serve as the foundation of the organization, promote a stronger focus on performance improvement, and align our activities with organizational goals. Upon completion of the implementation, we expect that Promina will benefit from a positive cultural change, improved communication and better strategic management."

What Is RapidScorecard?

RapidScorecard is a combination of CorVu's market leading Balanced Scorecard software and Rapid Return on Investment consulting services that will allow virtually any company to automate its Balanced Scorecard in about two weeks, deployed via the Web either in-house or via an application service provider (ASP). Customers can easily custom-build scorecard applications integrating many scorecards (business unit, department, etc.), highlighting performance aligned to strategic objectives and business perspectives. RapidScorecard delivers a high level strategic view seamlessly linking to the tactical view of initiatives, performance rated scorecards, alignment reports, and measure analytics.

RapidScorecard v.2 Enhancements

The initial release of RapidScorecard facilitated a rapid process for developing performance models based on the Balanced Scorecard methodology; the web-based software allowed hierarchies of scorecards to be defined, measure data to be entered, the aggregated scores to be viewed in various modes, and provided a set of objects for analysis of the resulting performance model. RapidScorecard version 2 introduces:

• Improved user interface: separate panes for hierarchies (scorecard, Initiatives, and Themes), charts, interactive tactical scorecards and a strategy map;
• A shortcut navigation bar, period scrolling and informative prompts for new users;
• Additional descriptive fields for measures and new ways of updating measures;
• Email Integration to maintain and update scorecard measures, as well as to receive Executive Alerts;
• Improved system administration and security;
• Configurable coding and coding of calculated scores;
• Online commentary and collaboration, cascading HTML scorecards and drill-down scenarios;
• Java access to CorVu's powerful analytics functionality is fully incorporated;
• Integration with HyperVu, resulting in live, online access to performance information;
• New reports and scorecard views within CorManage to enhance the analytical capabilities of the overall scorecard solution;

For more information about RapidScorecard, or to learn more about how CorVu can help your company to manage and improve its business performance, please contact sales@corvu.com or call 800-610-0769.

About CorVu Corporation

CorVu Corporation is a global provider of enterprise business performance management, e-business intelligence and Balanced Scorecard solutions. Combining OLAP query and reporting, executive dashboard alerts and forecasting, CorVu's solutions offer information analysis capabilities that empower our customers to achieve strategic objectives and improve business performance. CorVu provides a comprehensive business performance management solution to over 3000 customers, including leading suppliers in aerospace, banking, financial services, healthcare, hospitality, insurance, manufacturing, mining, the public sector, telecommunications, and transportation. For more information, please visit www.corvu.com.