Budgeting Software Journal

Budgeting and Forecasting Software News And Reviews

Archives for June 2007

Clarity Systems Launches Clarity 6.1 Legal Edition

By Budgeting Software Journal

Clarity SystemsClarity 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…]

Making Your Business Budget Work

By Budgeting Software Journal

If you have developed a budget for your business, the only way to make it work is to follow it!

Your business budget should not be something you fear or dread. It’s merely a set of guidelines for your saving and spending habits. Below, are some typical issues that arise with many established budgets, along with some solutions that will assist you in staying within your budgetary guidelines. [Read more…]

Centerline Capital Group Selects Cartesis 10

By Budgeting Software Journal

CartesisCenterline Capital Group (NYSE: CHC), one of the nation’s leading full-service real estate finance companies, has selected Cartesis 10, the integrated platform for financial planning, consolidation and analytics. The Cartesis 10 solution will support Centerline’s strategic business objectives in addition to tackling enterprise-wide performance management challenges.

With more than 500 employees in 10 offices throughout the United States, Centerline needed a fully integrated solution in order to keep the company’s various internal teams strategically aligned. Cartesis 10 will alleviate Centerline’s current reliance on spreadsheets for data collection and manipulation. Switching from a manual, labor-intensive spreadsheet process is necessary to meet the company’s increasing budgeting and reporting needs. [Read more…]

DentalPlans.com Takes A Bite Out Of Budgeting Complexity With Adaptive Planning

By Budgeting Software Journal

Adaptive Planning announced that its on-demand application has been selected by DentalPlans.com. Adaptive Planning’s easy-to-use solution has enabled the fast-growing discount dental plans provider to formalize their budgeting, forecasting, and reporting processes, increase managers’ accountability for financial results, and significantly improve decision making.

Less than a decade after its founding, DentalPlans.com has emerged as a leader in delivering comprehensive discount dental plans to individuals, families and groups. To continue its profitable growth, DentalPlans.com realized it would have to increase the scrutiny and accuracy of its internal controls, accounting and collections. “We had gained enough momentum and resources to start preparing for the future, rather than just reacting to what was happening,” said Buddy Johnson, chief financial officer of DentalPlans.com. “Our new solution had to meet two key criteria: one, help us build a formal budget process that would hold people accountable; and two, enable us to run forecasts that would appeal to potential investors.” [Read more…]

Harvard Pilgrim Health Care Selects Clarity Systems to Drive its CPM Initiative

By Budgeting Software Journal

Clarity SystemsHarvard Pilgrim Health Care has selected Clarity 6 software to enhance its corporate performance management initiative. Harvard Pilgrim is one of New England ’s largest full-service health benefits organizations providing a variety of insurance plan options and self-funding arrangements to more than one million members.

Driving Harvard Pilgrim’s decision to purchase and implement Clarity 6 was the company’s need for a single web-based suite of integrated solutions to manage, plan and forecast their budget effectively across the organization while leveraging their existing investment in both Oracle and Microsoft Analysis Services (MSAS) databases. [Read more…]