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Hovnanian Enterprises Builds with PeopleSoft; Leading U.S.
Homebuilder Selects PeopleSoft for Homebuilding and Customer Relationship
Management
LAS VEGAS, May 19, 2004 (BUSINESS WIRE) -- Today at its 2004 Leadership
Summit, PeopleSoft, Inc. (PSFT)
announced that Hovnanian Enterprises, Inc., one of the 10 largest
homebuilders in the U.S., has selected PeopleSoft(R) EnterpriseOne
Homebuilder Management, Project Management, Subcontractor Management,
Procurement Management, Financial Management, and Customer Relationship
Management. The company selected PeopleSoft's solutions in the first quarter
of 2004 to manage rapid growth, address compliance with government
regulations, and improve communication with customers, suppliers, and
contractors. Hovnanian will conduct the first phase of the implementation at
the company's Southern California Coastal Region offices.
"Hovnanian, like many large builders, has experienced significant growth
over the last few years. As a result, our existing systems are unlikely to
effectively meet our need for greater sophistication and integration of our
business processes," said John Ulen, CIO of Hovnanian Enterprises.
"PeopleSoft's Homebuilder Management solution and the company's long and
successful history in the industry offered the best fit for us."
The PeopleSoft solutions will enable Hovnanian to automate the entire
homebuilding lifecycle from sales to contract, bidding to procurement, and
construction to service. Hovnanian expects to track construction sites,
customer warranty information, the configuration of homes, and customer
service levels with PeopleSoft Homebuilder and Customer Relationship
Management solutions. PeopleSoft Financial Management will enable the
company to better comply with Sarbanes-Oxley and other government
regulations. In addition, PeopleSoft's solutions will provide real-time
visibility into Hovnanian's national building projects, enabling the company
to assess materials needed. With this comprehensive information, Hovnanian
can leverage its nationwide purchasing power to secure the best prices for
goods and materials.
"Market consolidation requires companies to standardize multiple company
processes quickly and with minimal downtime," said Peter Hill, vice
president and global industry executive, Project and Service Industry Group,
PeopleSoft. "As homebuilders continue to grow through aggressive
acquisitions, companies are looking to PeopleSoft solutions to integrate
disparate systems, implement tighter expense controls, and effectively
manage an expanded portfolio of properties."
About PeopleSoft:
PeopleSoft (PSFT)
is the world's second largest provider of enterprise application software
with 12,200 customers in more than 25 industries and 150 countries. For more
information, visit us at
www.peoplesoft.com.
PeopleSoft and the PeopleSoft logo are registered trademarks of PeopleSoft,
Inc. All other company and product names may be trademarks of their
respective owners.
SOURCE: PeopleSoft, Inc.
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