Alight LLC, developers of the industry-leading Alight Planning financial planning and reporting software, announced that 2010 was the strongest year in the company’s history. The company posted record revenues, significantly growing its customer base. Alight also released Alight Planning Version 6, a major product release, and received numerous industry awards.
In 2010, Alight’s Enterprise software sales grew over 40% compared to 2009. In cases where customer objectives included forecasting in addition to budgeting, Alight’s win rate was 75%, helping Alight increase its customer base to over 200 clients. New Alight Planning customers range from small companies to Fortune 1000 organizations representing virtually all industries. Notable new customers in 2010 included British Telecommunications, Indiana Wesleyan University, University of California Education Abroad Program, and Sierra Nevada Brewing Company.
In 2010, the company launched Alight Enterprise Version 6 featuring customizable end-user interfaces and modeling improvements for building formulas and automating the model replication process. In addition, Alight announced the launch of the Alight Report Writer which enables formatted report books to be exported directly to PDF and Excel for distribution and printing. Said Ben Lamorte, Alight’s Vice President of Marketing & Sales: “With the release of Version 6, Alight now leads the pack in delivering the most flexible end-user experience including customization of control panel choices, setting security at the dimension member level, and specifying the level of user interaction with allowed data sets.”
Recognition and Awards
In 2010, Alight received numerous awards including the Ventana Research 2010 Leadership Award for Business Analytics and Performance Management in conjunction with Pittsburgh Mercy Health Systems. The company was also voted number one in Overall Customer Satisfaction Ratings in the BPM Partners 2010 Beyond the Hype Survey, and was recognized by Capterra as the Most Reviewed Vendor in the Budgeting Software category. Said Rand Heer, Alight’s CEO: “The Ventana Leadership Award recognizing Pittsburgh Mercy’s implementation of Agile Planning techniques for rolling forecasts is especially gratifying. It demonstrates that large organizations can re-invent themselves and achieve substantial savings through replacing spreadsheets with planning software packages like Alight Planning.”