BPM Suite has dashboards specifically designed for SMBs.August 31, 2007 -
Budget Maestro® v5.8 Small Business and Enterprise editions, available with Budget Maestro Dashboard Kit, provide users with full Business Performance Management (BPM) suite compatible with existing Business Intelligence tools. Combined solution gives users instant access to financial and operational KPIs on their desktops in order to help manage budgeting, forecasting, and financial reporting data. Kit leverages Microsoft Excel® 2007 for dashboard creation.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
Centage Corporation
190 North Main St 3rd Floor
Natick, MA, 01760
USA
Dashboard Solution Introduced for SMB Market
Budget Maestro(R) now a full Business Performance Management (BPM) suite -- the first complete BPM solution with Dashboards specifically for small to medium-sized companies
NATICK, Mass., Aug. 21 -- Centage Corporation has introduced the first complete BPM solution with Dashboards, specifically for the SMB market, that is affordable, easy to use, and compatible with virtually any existing Business Intelligence (BI) tool. The Budget Maestro Dashboard Kit gives Budget Maestro(R) users instant access to financial and operational key performance indicators (KPIs) on their desktops. Budget Maestro is the leading Business Performance Management (BPM) solution designed specifically to help small and medium-sized businesses (SMB) manage their budgeting, forecasting and financial reporting data.
"The popularity of dashboards is due to their ability to give CFOs and financial managers -- not to mention CEOs -- accurate and instant insight into the state of the business, which allows them to react faster to brewing issues. With this new dashboard capability, Budget Maestro now provides a complete Business Performance Management solution, allowing even the smallest companies to take advantage of this management trend," said Centage Vice President of Sales and Marketing Jim Nauen.
The Budget Maestro Dashboard Kit is "very simple to use, and gives us clear, concise information on a monthly basis," said Debbie Rapp, treasurer for Fleet Card Fuels.
The kit was tailored for the SMB market in several ways:
1. It leverages the ubiquitous Microsoft Excel(R) 2007 for dashboard creation, which contributes to its low license fee of $1,995. The kit comes with four Excel-based, Budget Maestro KPI templates, which users can customize. Users with Excel 2007 can also easily create additional dashboards if desired.
2. Users can leverage their own business intelligence (BI) software. Since the Dashboard Kit transforms the financial data in Budget Maestro into a "normalized" SQL database, the software is compatible with any BI tool that can read a SQL database, including PowerPlay(R) from Cognos, Crystal Xcelsius(R) from Business Objects, ProClarity(R)+ from Microsoft, and the soon to be released Microsoft Office PerformancePoint Server 2007.
3. Set up time is minimal. Existing Budget Maestro users can be viewing KPIs on the desktop literally minutes after taking the Dashboard Kit out of the box.
The Excel 2007 dashboard templates come with pre-defined key performance metrics such as gross margin, net income, working capital, inventory turnover, and day sales outstanding. Users can create comparisons of actual performance
to plan or forecast; on a monthly, quarterly or annual basis; and across any number of categories such as product lines, divisions, locations, or projects.
Users can set their own metrics and tolerance levels, and customize the dashboard type and style for consistency with other corporate materials. Dashboard visuals can be incorporated into Microsoft PowerPoint(R) presentations, and published to an intranet.
The Budget Maestro Dashboard Kit is compatible with the Desktop, Small Business and Enterprise editions of Budget Maestro 5.8. Even those with single-user licenses can share the Dashboard within the company with any user of Excel 2007.
Product tours and information, including free webinars, are available at www.centage.com. The kit is available directly from Centage Corporation and through Centage authorized resellers.
About Centage Corporation
A Microsoft Certified Partner, Centage Corporation provides sophisticated yet easy-to-use Business Performance Management (BPM) software solutions that enable small and midsize companies to make better financial decisions by improving the efficiency and accuracy of their budgeting, forecasting, reporting and analysis.
Budget Maestro(R) features built-in financial and business logic that frees companies from budgeting with spreadsheets, allowing users to produce accurate budgets and what-if scenarios without risking complex formula errors and bad workbook links. Users can generate consolidated and integrated financial statements, income statements, balance sheets and cash flow reports, as well as unlimited analytical and managerial reports, all in real-time.
Thousands of licenses of Budget Maestro have been sold worldwide since 1996. This scalable solution easily interfaces with many G/L and ERP applications, with direct integration with Microsoft Dynamics(TM) GP, Sage MAS 90/200, and QuickBooks(R) from Intuit. It implements in hours -- usually with no IT involvement and little training.
Centage Corporation is headquartered in Natick, Mass. For more information, visit www.centage.com.
CONTACT: Susan Boucher for Centage Corporation, +1-508-869-6639 (ofc), +1-774-261-0308 (cell)
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