Vivendi Universal Games Targets Revenue Management Processes

Entertainment company aims to streamline receivables, elevate cash flow with Emagia solution

Entertainment company aims to streamline receivables, elevate cash flow with Emagia solution

Santa Clara, CA — March 30, 2005 — Entertainment company Vivendi Universal Games (VU Games) is set to use a solution from Emagia, a provider of enterprise cash flow management solutions, to streamline receivables and revenue management across its operations.

Chargebacks and deductions stemming from short payments by retailers due to pricing, trade promotions and vendor compliance issues can amount to a significant drain in profitability and higher operational expenses for consumer products companies. Having global visibility into receivables along with specialized chargebacks management tools and processes is critical to improving financial performance for these companies.

VU Games, which produces such titles as "Aliens vs. Predator 2" and "Half-Life," will use version 5.0 of Emagia's Cash Inflow Manager solution to address this challenge.

"Emagia's software offers VU Games the ability to proactively manage receivables and chargebacks and to recover revenues deducted from payments by the big box retailers," said John Ewing, director of credit with VU Games.

"Managing revenues and working capital requires a collaborative approach between suppliers and customers," said Veena Gundavelli, CEO at Emagia. "Many consumer products companies such as Vivendi Universal Games are realizing that workflow-based process automation and business intelligence embedded in the Emagia solution can quickly help accelerate cash inflow onto the balance sheet and boost the bottom line."

Emagia said its solution is in use at such companies as Solectron, Textron, Celestica and Xilinx to elevate cash flow operations, optimize working capital and improve profitability.

Emagia also offers out-of-the-box chargebacks management capabilities for suppliers to major retailers along with built-in internal controls for Sarbanes-Oxley compliance around cash flow processes.

Additional Articles of Interest

The focus in the retail sector has shifted from managing the movement of goods to managing the information about goods. Read more in "Ramping Up the Retail Supply Chain," in the February/March 2005 issue of Supply & Demand Chain Executive.

For more information on the current state of the payment solutions market, see the article "The Analyst Corner: Payment" in the December 2004/January 2005 issue of Supply & Demand Chain Executive.