Rent-A-Center will also use performance management applications from Business Objects to drive insight through key business segments within the company, including customers, products and services, supply chain, human resources and finance. Rent-A-Center selected BusinessObjects Customer Profiling and Campaign Management Analytics, Store Assortment Optimization Analytics, Vendor Performance Management Analytics, Sarbanes-Oxley Compliance Analytics, Financial Performance Analytics, Accounts Payable Analytics, Performance Analytics and Product Management Analytics.
Rent-A-Center operates approximately 2,891 company-owned stores in North America, Canada and Puerto Rico, and offers high quality durable products such as home electronics, appliances, computers, and furniture under flexible rental purchase agreements that typically allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. The company will begin phase one of its business intelligence implementation with BusinessObjects Dashboard Manager XI and BusinessObjects Performance Manager XI. Rent-A-Center plans to immediately roll-out dashboards to top executives who want to keep an eye on the profitability of stores in various regions across their vast network. In phase two, the deployment will be expanded across all departments at Rent-A-Center in order to provide extreme insight into purchasing, sales, customer service, and marketing.
In addition, Rent-A-Center selected BusinessObjects Data Integrator XI to access information from disparate systems within the company, and to more easily integrate data from various business units to one source. BusinessObjects Data Integrator XI will allow Rent-A-Center to easily explore, transform, and move data anywhere, while ensuring that the data delivered is accurate, timely, integrated, and can be trusted.
"In 1986, Rent-A-Center had eight stores. Now, we have more than 2,800 and we are continuing to grow very rapidly," said Tony Fuller, CIO of Rent-A-Center. "Along with the growth of our business, the amount of data we were gathering grew exponentially, and we needed a more efficient way to work through all the information. BusinessObjects XI allows us to turn all this information into an asset that can help us improve our company performance, and allows us to continue to grow intelligently."
"BusinessObjects XI will significantly enhance our pure reporting capabilities, along with our ability to bring together data from different sources," said Chadd Forgy, business intelligence manager at Rent-A-Center. "At Rent-A-Center, we believe in putting our customers first, and in order to better serve their needs, we invested in the leading business intelligence product which allows us to work with the most up-to-date information, and ultimately operate much more efficiently."
"BusinessObjects XI enables Rent-A-Center to take information to the next level to improve overall business performance," said Bernard Liautaud, chairman and CEO of BusinessObjects. "Like all leaders, Rent-A-Center knows that information is the life blood of any organization. Information improves decision making and means people throughout the organization can communicate more quickly to drive overall enterprise performance. We look forward to partnering with Rent-A-Center as they implement BusinessObjects XI to turn their vision of a company-wide business intelligence deployment into a reality."
Rent-A-Center, Inc., headquartered in Plano, Texas, currently operates 2,891 company-owned stores nationwide and in Canada and Puerto Rico. The stores generally offer high-quality, durable goods such as major consumer electronics, appliances, computers, furniture and accessories under flexible rental purchase agreements that generally allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period. ColorTyme, Inc., a wholly owned subsidiary of the Company, is a national franchiser of 308 rent-to-own stores, 296 of which operate under the trade name of "ColorTyme," and the remaining 12 of which operate under the "Rent-A-Center" name.
About Business Objects
Business Objects is the world's leading business intelligence (BI) software company. With more than 30,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects(TM) XI, offers the BI industry's most complete and trusted platform for reporting, query and analysis, performance management, and data integration. BusinessObjects XI includes Crystal Reports(R), the industry standard for enterprise reporting. Business Objects has also built the industry's strongest and most diverse partner community, and the company offers consulting and education services to help customers effectively deploy their business intelligence projects.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
Business Objects and the Business Objects logo, BusinessObjects, WebIntelligence, Crystal Reports, Crystal Enterprise, Crystal Analysis, RapidMarts, and BusinessQuery are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.