Product category:
Analytical, statistical and report generating software
News Release from: Labformatics | Subject: Balanced Scorecard
Edited by the Laboratorytalk Editorial
Team on 15 October 2003
Scorecard for lab performance
Offers laboratory managers a way to integrate, measure and monitor real time lab performance metrics with alignment through to the corporation as a whole
Labformatics announces a major integration and reseller partnership with the provider of enterprise performance management software and services, Corvu With the vast increase in the need for laboratory management performance metrics, the partnership will provide the first Balanced Scorecard software solution dedicated to laboratory practice
This article was originally published on Laboratorytalk on 24 Sep 2003 at 8.00am (UK)
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Today the use of the Balanced Scorecard management methodology is seen by many as a vital tool in any business improvement process.
For laboratory executives, the scorecard is specifically designed to integrate as the laboratory performance layer of an existing Lims or lab data engine application and also deploys as part of a corporate wide performance management program.
This offers laboratory managers a dedicated solution to integrate, measure and monitor real time lab performance metrics with alignment through to the corporation as a whole, using an industry leading business performance solution.
Gordon Logan, managing director at Labformatics commented: "Our partnership with Corvu will act as a key driver of our Laboratory Activity Management (Lam) product and service portfolio.
"It is strongly aligned with our dedicated aim to provide the best business tools to our clients in laboratory and laboratory informatics management'.
Andrew Smart, chief operating officer of Corvu, added: "Laboratory managers will benefit from the combined expertise of Corvu and Labformatics.
"By combining the specialised Lam experience of Labformatics with Corvu's powerful enterprise performance management offering, our customers will be empowered to operate more intelligently and efficiently.".
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