Business Performance Management Software targets mid-market enterprises.August 17, 2009 -
Using Planning Maestro, mid-market companies can drive reliable budgets, perform real-time analysis, and provide deep visibility into underlying factors that affect business performance. Driver-based planning enables users to draw connections between actions in one part of business and activities in others. With multi-view modeling, users get multiple views of Chart of Accounts and Organizational Hierarchy so they can budget, measure, and report on business performance along many dimensions.
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Original Press release
Centage Corporation
190 North Main St 3rd Floor
Natick, MA, 01760
USA
Centage Corporation Announces Planning Maestro Business Performance Management Software for Mid-Market Enterprises
Centage extends its financial performance management offerings to bring powerful, dynamic, driver-based planning, forecasting and financial reporting solutions to the enterprise
NATICK, Mass., Aug. 5 /-- Centage Corporation, a leading provider of integrated budgeting, forecasting, consolidation and financial reporting software, today introduced a new product, Planning Maestro, Business Performance Management (BPM ) software for the mid-market enterprise. Capitalizing on the heralded success of its flagship solution, Budget Maestro, budgeting, forecasting and reporting software, Planning Maestro offers driver-based planning, advanced modeling, and dynamic reforecasting in a collaborative planning environment. This new product will make it easier for mid-market companies to drive reliable budgets, perform real-time analysis and provide deep visibility into the underlying factors that affect business performance.
"Mid-market companies can now benefit from all of the advanced capabilities built-into to Planning Maestro at the fraction of the cost of high-end BPM systems," says Kamran Sassoon, President and CEO of Centage. "The dynamic nature of the application provides managers with a tool for real-time financial analysis and flexible forecasting to help respond to changing business conditions."
Some of the exciting features in Planning Maestro include:
Driver-based Planning: This capability enables you to draw the connections between actions in one part of the business and activities in others so you can plan more effectively and with greater coordination. A single screen lets you establish both financial and non-financial drivers to generate the calculations for all aspects of your plan including revenue, expenses, personnel and capital assets.
Multi-View Modeling: This feature gives you the ability to get multiple views of your Chart of Accounts and Organizational Hierarchy so you can budget, measure and report on the performance of your business along many dimensions, i.e. customer, product, manager, department, region, division, etc. for better operational reporting and analytics.
Dynamic Reforecasting: An easy-to-use wizard takes users through the steps of creating a reforecast, in minutes, by splicing together data from other versions. Then, with a click of a button, automatically generate a new P&L and Balance Sheet forecast.
Excel-like Data Entry Screen: Designed with the non-financial user in mind, this simple screen has the look and feel of Excel for data entry making it extremely easy for budget contributors across the organization with virtually no learning curve.
Planning Maestro Product Tours and information, including free webinars, are available at www.centage.com. Planning Maestro is available directly from Centage Corporation and through Centage authorized resellers.
About Centage Corporation
Centage Corporation provides sophisticated yet easy-to use Business Performance Management (BPM) solutions that enable organizations of all sizes to improve their budgeting, forecasting, consolidation and reporting capabilities. Since 1996, thousands of licenses of the company's premier financial solution, Budget Maestro , have been sold worldwide, enabling managers at all levels to dramatically simplify their budgeting process and improve the accuracy and efficiency of their overall business planning process. The Maestro family of solutions by Centage delivers superior ROI through a combination of best price, easiest implementation and use, and a fiscally sound methodology that enables confident decision-making. Centage Corporation is headquartered in Natick, MA. For more information visit www.centage.com or call 800.366.5111.
CONTACT: Holly Intravia, Director of Marketing of Centage Corporation,
+1-508-948-0066, mediainquiries@centage.com
Web Site: http://www.centage.com/
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