Budgeting Software Journal

Budgeting and Forecasting Software News And Reviews

Cognos Ranked As A Leading Vendor For Performance Management by Ventana Research

By Budgeting Software Journal

CognosCognos (Nasdaq: COGN; TSX: CSN) announced today that an independent research report by Ventana Research has ranked Cognos as a top vendor in performance management.In the newly updated Ventana Research 2007 Performance Management Scorecard TM (Ventana Research Scorecard), Cognos scored 94% overall for Cognos 8 BI, the company’s flagship business intelligence platform which includes capabilities for query, reporting, analysis, scorecarding and dashboarding, and event management.

Cognos’ overall score increased by 4.3% over last year’s study, with Cognos 8 BI scoring highest for its ability to “align the business, and coordinate and drive individual actions based on information and performance targets.”

The Ventana Research Scorecard covers more than 11 vendors and is representative of independent analysis conducted over the past five years. Each participating company’s products were scored for functional requirements and capabilities to determine the level of compliance against Ventana Research’s PerformanceCycleâ„¢ across three categories – Align, Optimize and Understand. [Read more…]

New Cartesis Channel Program Offers Partners Aggressive Discounts

By Budgeting Software Journal

CartesisCartesis, the world’s leading specialist in finance and performance management software, today announced the launch of a partner program aimed at expanding the reach of its highly respected Cartesis 10 performance management suite. This new and enticing channel program will enable partners to provide robust, complete performance management solutions in clearly defined vertical or regional markets. Cartesis also provides partners with access to best practice implementation methodology and unparalleled competitive discounts of up to 60 percent.”The BPM market is growing rapidly and enlisting partners is an excellent way to maintain the momentum we’ve established in the U.S. thus far,” says Crispin Read, CMO, Cartesis. “By combining Cartesis solutions with their specific domain expertise and market reach, our VARs will enable significantly more companies to enjoy the benefits of the world’s most powerful performance management solution. We expect to sign a dozen partners in the first six months.” [Read more…]

B&H Photo Video selects Cognos Performance Management System

By Budgeting Software Journal

CognosCognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence and performance management solutions, today announced that B&H Photo Video (B&H), one of the world’s leading retailers of imaging products, has selected Cognos as its enterprise-wide performance management system standard.B&H has been using Cognos to complete sales reporting, product movement management and inventory analysis for their on-line and retail operations. B&H wanted to better understand and service its customers by analyzing shopping patterns and purchasing trends.

By standardizing on a single BI platform and upgrading to Cognos 8 BI, decision-makers throughout the organization – from executives to finance, supply chain and operations managers – will be able to capitalize on the complete range of reporting, analysis, dashboarding and scorecarding functionality to optimize inventory, increase customer loyalty and improve the overall customer shopping experience, regardless of channel. [Read more…]

Longview Helps Turner Broadcasting Consolidate Tax Provision Worldwide

By Budgeting Software Journal

Longview Solutions, a leading provider of corporate performance management software, announced today that Turner Broadcasting System, Inc. (TBS, Inc.), a Time Warner company and a leading provider of programming for the cable industry, has chosen to implement the Tax Provision & Data Collection functionality of the Longview Performance Management Platform.

Longview Solutions announced today that Turner Broadcasting System, Inc. (TBS, Inc.), a Time Warner company and a leading provider of programming for the cable industry, has chosen to implement the Tax Provision & Data Collection functionality of the Longview Performance Management Platform. Longview Tax which is expected to be implemented and fully operational by end of Q1/07, will be used by TBS, Inc. to collect tax data from subsidiaries around the world, calculate its consolidated tax provision and produce its tax footnote immediately upon close. [Read more…]

Genlyte Group, Inc. Shines a Light on Performance with Host Analytics

By Budgeting Software Journal

Host Analytics announced that Genlyte Group, Inc. is using Host Consolidator to simplify the financial consolidation process and improve financial reporting accuracy.

Host Analytics, the leader in on-demand Business Performance Management software solutions, today announced that Genlyte Group, Inc., a leading manufacturer of lighting fixtures, controls, and related products for the commercial, industrial and residential markets, is using Host Consolidator to simplify the financial consolidation process and improve financial reporting accuracy.

Genlyte Group is a publicly traded, fast-growing, $1.6 billion dollar manufacturing company with over 17 decentralized divisions. Over the past few years, the company has grown through acquisitions and required a way to consolidate financials from their 17 disparate divisions and report their numbers to their shareholders and Wall Street. The company turned to Host Analytics and implemented Host Consolidator to ease the financial consolidation process. Each division now sends their month-end closing numbers to corporate where all of the data is consolidated into Host Consolidator. [Read more…]