Press Release - Edgewell Personal Care

avvaneo, innovators of leading-edge financial applications and approaches, today announced a strategic initiative that has transformed, modernized, and automated Edgewell Personal Care company's financial processes.

With a diversified portfolio of established brand names such as Wilkinson Sword®, Hawaiian Tropic®, Playtex®, and Wet Ones®, and operations in more than 50 markets worldwide, Edgewell required an agile solution, fully compliant with country-specific mandated tax codes and applicable laws, that improved transparency and reduced costs.

avvaneo's international team of industry experts customized, configured, and have successfully implemented the tailored financial process automation (FPA) solution in Mexico, the United Kingdom, France, Italy, Spain, Poland, Germany, Taiwan, Hong Kong, Australia, New Zealand and the Czech Republic.

The engagement, which is still in progress, will roll out next to Shanghai, and Japan, followed by Peru, Colombia, Puerto Rico, and Chile, with avvaneo serving as the exclusive service provider. Further, Edgewell has licensed the FPA solution from avvaneo for future implementations.

"The successful completion of a project of this scale - from industry expertise and analysis to project management, implementation, and support - underscores avvaneo's expertise and commitment to success," said Jennifer Wetzel, Sr IT Manager - Financial Applications of Edgewell. "This engagement was a pivotal step and we are very pleased to have partnered with avvaneo to complete it on-time and under-budget."

About Edgewell

Edgewell is a leading pure-play consumer products company with an attractive, diversified portfolio of established brand names such as Schick® and Wilkinson Sword® men's and women's shaving systems and disposable razors; Edge® and Skintimate® shave preparations; Stayfree® feminine care products; Banana Boat® and Hawaiian Tropic® sun care products; Bulldog® and Jack Black® male skin care and grooming products; and Wet Ones® moist wipes. The Company has a broad global footprint and operates in more than 50 markets, including the U.S., Canada, Mexico, Germany, Japan and Australia, with approximately 6,000 employees worldwide.