| Business Summary | | Frontstep,
Inc.,
formerly
known
as
Symix
Systems,
Inc.,
is
a
provider
of
e-business,
supply
chain
and
enterprise
management
solutions
for
midsize
distributors
and
manufacturers.
These
software
solutions
include
a
comprehensive
suite
of
integrated
business
to
business
(b2b)
e-business
offerings
that
support
customer
relationship
management
(CRM),
web
based
procurement
and
supply
chain
management
activities.
The
Symix
enterprise
software
solution
also
delivers
extensive
traditional
back
office
requirements
for
manufacturing,
distribution
and
financial
management.
Through
workflow
automation
and
open
architecture
integration
tools,
Frontstep
provides
a
comprehensive
end
to
end
business
system
solution
that
encompasses
both
e-business
and
traditional
enterprise
solutions.
As
the
primary
business
system
provider
for
its
customers,
Frontstep
also
offers
implementation
and
e-business
consulting
services
to
support
customer
requirements. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Frontstep,
Inc.
designs,
develops,
markets
and
supports
integrated
manufacturing,
supply
chain
management,
financial
and
e-commerce
software
solutions.
For
the
nine
months
ended
3/31/01,
revenues
fell
9%
to
$89.3
million.
Net
loss
totalled
$19.9
million,
up
from
$672
thousand.
Revenues
reflect
depressed
market
conditions
for
traditional
enterprise
systems.
Net
loss
reflects
$10.7
million
in
restructuring
and
other
charges
and
increased
uncollectible
accounts. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
29,018;
after
tax
earnings
were
-5,000. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lawrence Fox, 44 Chairman | $345K | Stephen Sasser, 51 Pres
and CEO | 278K | Carolyn Morris Exec.
VP of Marketing | -- | Lawrence DeLeon, 45 Exec.
VP of Worldwide Field Operations | 177K | Daryll Wartluft, 59 Exec.
VP Frontstep Product Group | 212K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|