LEADING ENTERPRISE INCENTIVE MANAGEMENT PLATFORM CATS MARKS SIX-YEAR MILESTONE AT FIFTH THIRD BANCORP
Westport, CT, March 27, 2007 — Enterprise Incentive Software, developers of the leading Enterprise Incentive Management (EIM) platform Compensation Activity Tracking System (CATS), marked an important six-year
milestone in which CATS has been in continuous use throughout the Fifth Third Bancorp footprint.
Fifth Third Bancorp, a diversified financial services company headquartered in Cincinnati, Ohio, ranked No. 28 on
U.S. Banker’s list of the Top 100 Banks of 2005. The Company has $100.7 billion in assets, and operates 19
affiliates with 1,157 full-service Banking Centers in 10 states throughout the Midwest and Florida.
“This six-year mark of CATS’s deployment at Fifth Third Bancorp is a noteworthy achievement,” said John A.
Laurino, Westport Software Group CEO. “Fifth Third is known for its highly efficient use of technology to provide
quality service at minimum cost. We are proud that CATS is playing a part in the Bank’s reputation for operational excellence.”
“CATS enables Fifth Third to keep pace with the velocity of change in their highly competitive markets by allowing
the company to continually fine-tune their pay-for-performance programs across all lines of business,” said Laurino.
“Fifth Third has done an admirable job in maximizing their enterprise-wide CATS license. In addition, the Bank has established a record for driving down costs per plan participant by implementing CATS across 17 lines of business
for 23,000 incentive plan participants from a single installation and instance of the CATS application."
“Furthermore, we’re proud that, in the six years CATS has been deployed at Fifth Third, the application has never
been out of service,” he added.
ABOUT CATS
CATS has represented the leading edge of incentive compensation software design and administration since 1994. As the only comprehensive EIM software solution that guarantees to administer any incentive compensation plan without the need for off-line data preprocessing or application customization, and it is the value leader among EIM solutions. CATS is currently in use in a wide cross-section of Fortune 1,000 companies.
ABOUT ENTERPRISE INCENTIVE SOFTWARE, INC.
Formed from the software division of Westport Consulting Group, Enterprise Incentive Software represents over 17 years of cutting edge relational database design for several mission critical sales and marketing applications. Starting in 1990 with Enterprise, the most highly regarded marketing 'front end' interface for community and regional banks with their service bureaus, EIM went on to develop PMAPS, the ‘best in class’ proposal management platform, and finally CATS the oldest and most successful family of incentive compensation applications for both designing and implementing complex internal and external sales force compensation plans across the entire Fortune 5000 spectrum of companies.
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Contact Information
John Laurino, Enterprise Incentive Software, Inc. (203) 604.0024
Jessica Bram, Jessica Bram Communications, (203) 227-3250 |