"It is a pleasure to innovate and grow with long-term Extensity customers like VF," said Jim McDevitt, SVP and General Manager of Extensity's Performance Management group. "Our customers are making business performance management a priority, and they are using Extensity applications to realize significant improvements in productivity, efficiency, and cost savings."
"With MPC, we'll be able to improve the speed of our worldwide financial consolidation by working in real time via the web," VF's Martin said.
"We will no longer need to load transmission files and will now use recurring journal entries and the intercompany functionality. We used to spend hours receiving and loading data, but working with MPC in real time, that process will now be instantaneous at the corporate office. MPC's flexibility and automation of so many steps of our monthly reporting process will give us more time to spend on analysis and responses to management inquiries," he said.
VF Corporation is a leader in branded apparel including jeanswear, outdoor products, intimate apparel, image apparel and sportswear. Its principal brands include Lee, Wrangler, Riders, Rustler, Vanity Fair, Vassarette, Bestform, Lily of France, Nautica, John Varvatos, JanSport, Eastpak, The North Face, Vans, Reef, Napapijri, Kipling, Lee Sport and Red Kap.
Extensity is the leading financial performance management company focusing exclusively on the comprehensive needs of finance professionals.
marketing@alchempro.com
