Clarity Systems, a leader in corporate performance management (CPM) solutions, announced that its customer, Wyeth Canada, received the 2006 Vision Award presented by Business Finance Magazine. Wyeth received top honors for excellence in Business Performance Management in the $501 million to $5 billion annual revenue category. Wyeth’s business performance management applications are powered by Clarity 6 software.
The Vision Awards honor organizations that have successfully developed and implemented integrated business performance management processes to efficiently conduct strategic planning, budgeting, performance measurement, and financial reporting. With Clarity 6, Wyeth has structured, controlled, and streamlined its performance management abilities across the organization. This has allowed the company to collect, consolidate, and derive budgeted and forecasted financial data quickly and accurately.
“Wyeth Canada truly represents the best in performance management processes and systems,” said David Blansfield, Group Publisher and Editorial Director, Business Finance magazine. “Pharmaceuticals is a competitive, complex industry. This is a great example of how companies can use performance management software to align strategic and operational plans and create tangible value and competitive advantage.”
“This is a great achievement for Wyeth and our Clarity 6 software,” says Mark Nashman, President, Clarity Systems. “Using Clarity 6, Wyeth has successfully integrated their strategic planning process, corporate objective setting and tactical plans. Clarity 6 connected Wyeth’s planning processes across the entire organization. Our professional services partnered with Wyeth staff to deliver planning best practices ensuring high
user adoption.”