Annual Financial Statement P&I Personal & Informatik AG April 1 ...
Annual Financial Statement P&I Personal & Informatik AG April 1 ...
Annual Financial Statement P&I Personal & Informatik AG April 1 ...
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P&I <strong>Personal</strong> & <strong>Informatik</strong> Combined Management Report (Group and Cooperation)<br />
can be integrated in the web-based graphical interface. The open internal architecture<br />
supports the different application-server platforms and databases. The data exchange<br />
is guaranteed by the use of miscellaneous interfaces such as XML or SOAP.<br />
Furthermore, our P&I TIME, P&I PLUS and P&I SMART products have been<br />
optimised to meet the respective market requirements. Our P&I TIME, sector-neutral,<br />
modularly designed software package fulfils all of the criteria of a modern time<br />
management system, ranging from work hours management up to access control.<br />
P&I TIME’s strengths lie especially in the flexible options that enable it to be<br />
customised to meet a company’s special requirements as well as the economical<br />
price-performance ratio and in the very short implementation times. Communications<br />
with existing or even newly implemented IT landscapes is guaranteed by the<br />
appropriate interfaces. P&I TIME is based on client / server architecture, supports<br />
SQL database technology and runs under Microsoft Windows or the most up-to-date<br />
web-browser technology (e.g. AJAX). These are today’s prerequisites for a time<br />
management system running under the most up-to-date technical requirements.<br />
P&I PLUS is a web-based HR and time management solution that meets demanding<br />
criteria for flexibility when designing processes. This solution is most used by large<br />
companies and administrative bodies with specific individual requirements. The<br />
solution, supplemented by the time management module, enables comprehensive<br />
staff deployment planning and supports companies and administrative bodies in the<br />
implementation of flexible working-hours models.<br />
The HR management system P&I PLUS is no longer limited to the client/server<br />
version, but is now available as a full browser version.<br />
P&I SMART is an all-inclusive package specially designed for businesses with up to<br />
250 employees. The software covers the basic HR administration processes: payroll<br />
accounting, travel expenses and if required, time management. The manufacturer's<br />
initial settings enable the system to be installed easily and up and running within a<br />
few days.<br />
For the future, apart from guaranteeing the updates for changes in legislation, P&I<br />
Group will continue developing the entire product palette. Investments in the coming<br />
years will be focussed on technological development of the software solutions, and<br />
also on adding to our products for standardising and optimising business processes,<br />
including, for instance, using new add-on modules as well as links to external<br />
systems, especially in other European countries.<br />
Corporate management<br />
Our goal is to increase shareholder value systematically and constantly through<br />
profitable growth and concentration on the business areas which offer the most<br />
advantageous development potential in terms of our competitiveness and capacity to<br />
perform. The key elements of management include an integrated concept for financial<br />
control, control metrics and as well, comprehensive measures aimed at profitable<br />
growth and increased efficiency.<br />
The significant key data for our Company are sales, in particular, Licensing sales,<br />
operating result (EBIT) and the EBIT margin. As is generally true for the software<br />
industry, sales and EBIT are the most important control metrics - so value-oriented<br />
performance metrics relating to capital turnover play a lesser role for P&I as well. Our<br />
capital commitment is low, but employee costs and external services in connection<br />
with support for our software products constitute high cost pools for P&I.<br />
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