In the past 12 weeks, seven companies from around North America have begun implementing the Budget MaestroÂ® financial solution from Centage Corporation, Chief Executive Officer Kamran Sassoon announced today. The companies represent the healthcare, insurance, manufacturing, retail, telecommunications and high-technology industries, and range in size from $30 million to $1 billion in annual revenue.“Budget Maestro offers strong functionality at a reasonable cost. Our intention is to use the product for high-level financial modeling and what-if analyses,” said Paul Lee, director of finance and planning for Parmalat Canada Limited, one of Canada’s largest food companies. The Toronto-based company produces dairy products under brand names including Parmalat and Beatrice.
The following companies also have selected Budget Maestro: * CHCS Services, Inc., an administrator of senior market insurance and eldercare programs; based in Pensacola, Fla., the company is a subsidiary of Universal American Financial Corp., which began using Budget Maestro in 1999; * Ashworth, Inc., designer of Ashworth, Callaway Golf, Kudzu and The Game men's golf apparel, based in Carlsbad, Calif.; * Fusion Telecommunications International, Inc. of Fort Lauderdale, Fla., which provides voice, broadband Internet access and private networks to corporations, telecom carriers and ISPs; * Nashua, N.H.-based eCopy, Inc., which sells document distribution and integration software that converts paper-based documents into digital files; * GTSI Corp., a government information technology solutions provider headquartered in Chantilly, Va.; and * Astra Tech, Inc., the U.S. distributor for Astra Tech Sweden, a manufacturer of medical devices for use in dentistry and urology worldwide, based in Waltham, Mass.
Since 1995, thousands of licenses of Budget Maestro have been sold worldwide to companies of all sizes and industries. The scalable solution, with its built-in financial intelligence and business rules, simplifies and speeds up the budgeting process, improves the accuracy and efficiency of business planning, and offers tenfold more functionality than spreadsheets.
Budget Maestro’s reporting functionality allows users to generate real-time integrated Income Statements, Balance Sheets and Statements of Cash Flows, and unlimited analytical reports. Easily integrated with any G/L application, Budget Maestro implements in days — usually with no IT involvement and little training.
Centage Corporation offers Business Performance Management (BPM) solutions that give companies tools to make better financial decisions by improving their planning, budgeting, forecasting, consolidation and reporting capabilities. For more information, visit http://www.centage.com.