Budgeting Software Journal

PROPHIX Software launched their most powerful performance management solution to date. PROPHIX for SQL Server is an integrated performance management application that empowers organizations with budgeting, planning, forecasting, reporting, consolidations, and personnel planning capabilities. By enabling organizations to create measurable targets against their business strategies, PROPHIX for SQL Server ensures corporate objectives are met or exceeded. [Read more →]

Clarity Systems announced the launch of Clarity 6 Legal Edition 2.0, a newly enhanced budgeting, planning, and reporting software solution for professional services organizations. With new functionality and features, Clarity 6 Legal Edition 2.0 has sophisticated capabilities that extend beyond budgeting to include financial variance reporting and analysis. Variance analysis of data such as billings, expenses, compensation and hours at the timekeeper level are now easily accessed and compared in real time. This offers professionals the flexibility to conduct variance analysis and reporting across multiple scenarios or over periods of time. Clarity 6 Legal Edition 2.0 also allows users to drill down from a report to a single transaction and view invoice/expense details or attach user commentary to a specific field. [Read more →]

Clarity Systems and EDGARfilings announced a partnership to offer a seamlessly integrated financial reporting solution. This partnership is an exciting opportunity for public companies as they can now create SEC reports using Clarity Financial Statement Reporting (FSR) and electronically file these reports with the SEC using EDGARizer software. Clarity FSR, a software solution launched by Clarity Systems earlier this year, produces external financial documents, such as the 10K and 10Q, and other regulatory reports. EDGARizer software converts and transmits properly formatted and compliant documents to the SEC within tight filing deadlines while saving customers’ time, money and personnel resources. [Read more →]

Adaptive Planning announced that SourceForge has implemented its software to automate their financial planning and reporting. A leading online portal for the IT professional, software development, and open source communities, SourceForge has deployed Adaptive Planning and integrated it with their Oracle Financials system in order to accelerate their budgeting and forecasting processes and simplify reporting on both actual and plan information.

Within a five year span that began in 2002, SourceForge has transformed itself from a hardware company to the global technology community’s hub for information exchange, goods for geeks, and open source software distribution and services. The company’s network of web sites serves more than 32 million unique visitors each month and includes SourceForge.net, Slashdot.org, ThinkGeek.com, Linux.com, and ITManagersJournal. [Read more →]

PROPHIX Software announced the release of PROPHIX Express. PROPHIX Express is a complete financial performance management package with powerful budgeting and planning capabilities, specifically designed for organizations looking to implement a robust solution in as little as three business days without sacrificing flexibility.

PROPHIX Express complements PROPHIX Software’s existing suite of financial performance management solutions, including PROPHIX for SQL Serverâ„¢ and PROPHIX Enterprise. Providing budgeting, planning, analysis and reporting capabilities integrated in a single solution, PROPHIX Express also includes a pre-built dashboard and scorecards, financial reports and statements such as cash flow, balance sheet, headcount and profit and loss statements, as well as a personnel planning module and unique Delta Analysis tool, without forgoing ease of use. [Read more →]

LUKOIL completed introduction of a global planning system based on SAP software solutions, including planning and budgeting modules on all planning horizons, as well as tools for assessment and coordination of investment projects and creation of the LUKOIL Group’s Investment Program.

The planning system encompasses over 70 LUKOIL Group’s Russian and foreign plants operating on four continents.

The elaborated system allows 2,000 employees from the Company’s subsidiaries and the Corporate Center to share a single information space on planning and budgeting using unified samples and algorithms, to assess investment projects feasibility in accordance with the corporate standards and with application of a unified methodology. [Read more →]

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. [Read more →]

More than 40 healthcare providers implemented applications from Lawson Software (Nasdaq: LWSN) in the company’s fiscal year 2007, which ended May 31. The Lawson applications are designed to help these customers simplify the business of healthcare via more accurate budgeting, enhanced reporting, and automated workforce management, supply chain and financial processes.

Healthcare organizations completing Lawson deployments in the past year include Altoona Regional Health System, Baptist Health, Bassett Healthcare, Bethesda Lutheran Homes and Services, Inc., Carle Clinic, Carle Foundation Hospital, Catholic Health Initiatives, Catholic Healthcare West, Coffee Health Group, Gwinnett Hospital System, McLeod Health, Norton Healthcare, Pomona Valley Hospital Medical Center, Presbyterian Homes and Services, Providence Health & Services, Sherman Health, Sisters of Mercy Health System, Torrance Memorial Medical Center, UCLA Health System and University Medical Center at Princeton among others. [Read more →]

Unitrin Direct has selected Adaptive Planning on-demand software to optimize their budgeting, forecasting, and reporting processes. A leading direct auto insurance provider, Unitrin Direct is using Adaptive Planning to streamline its financial planning, resulting in lower operating costs, enhanced collaboration, and improved decision making.

Offering auto insurance to customers in 25 states, Unitrin Direct is a rapidly-growing group of companies that sells directly to consumers through the Web and its call center. As its business continued to expand, Unitrin Direct found that it needed a comprehensive budgeting, forecasting, and reporting solution that could be quickly and easily deployed. The company’s spreadsheet-based processes took too long, lacked flexibility, and were challenging to maintain. Executives and managers needed a better foundation for managing a dynamic, collaborative planning process. [Read more →]

Clarity Systems announced the launch of Clarity 6.1 Legal Edition, a solution designed to help professional services organizations better perform and manage their budgeting and forecasting activities.

As part of the highly functional Clarity 6.1 software solution, the Legal Edition includes sophisticated capabilities such as predefined data models, advanced acquisition forecasting and modeling functionality, business intelligence dashboards, and a complete financial reporting package. These enhancements are specifically designed to meet the complex performance management needs of law and other professional services firms. [Read more →]