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Product Innovation
Maxsoft helps organizations to structure, automate and measure product innovation, ensuring that the right new products get to market cost-effectively and on time. Replacing inefficient paper-based processes, automates organization new product development methodologies with a centralized best-practice system that supports process execution from the time a product is conceived as an idea until it is retired from the marketplace.
With this solution, you can:
- Continuously measure and improve innovation performance
- Centralize product data and improve project visibility
- Increase collaboration and accountability among global, cross-functional teams
- Reduce time spent preparing for, and participating in, gate and other project meetings
- Speed NPD time-to-market through better process execution
Additional modules enhance core Product Innovation functionality, including:
- Portfolio Management
- Idea Management
- Resource Planning
- Document Routing
- Integration to Microsoft®
Portfolio Management:Prioritize product ideas, focus resources on the most promising opportunities and bring the right products to market on time. Create portfolios of product variants, establishing a single source of truth to drive successful planning across marketing, engineering, manufacturing, and other key functions involved in product lifecycle management.
Idea Management: Idea management module enables an organization to link product ideas directly to innovation management strategy and growth objectives. The software allows users to capture ideas in the new product funnel, apply defined metrics to categorize them, and objectively score them to identify those that are the most technically feasible and commercially promising. In addition, promising concepts for future products.
Resource Planning: Resource planning module provides real-time, detailed visibility of how product-development resources are being allocated, enabling users to optimize utilization rates and avoid the kinds of conflicts that lead to project delays and inefficiencies. The software helps organizations align resources with the most promising product innovation opportunities and reduce new product development cycles.
Document Routing: Document routing module streamlines the document approval process and helps improve communication among teams regarding all relevant aspects of compliance. It speeds the creation of deliverables, enables easy monitoring of their progress and reduces the amount of time executives and team members spend searching for important information.
Integration to Microsoft: This is built around Microsoft productivity tools because of the user familiarity and the acceptance. As a result, the solution feels intuitive and is easy to use. Minimal, if any, training is required to get workers up and running on the system. In addition to operating with built-in Microsoft tools, Accolade can be integrated with Microsoft Office® technology to support detailed project scheduling and other kinds of advanced project management work. The deployment of Accolade extends the use and value of Microsoft applications already in place in the adopting company.
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