Centage Corporation Announces Planning Maestro Business Performance Management Software for Mid-Market Enterprises

Natick, Mass., August 5, 2009 – Centage Corporation, a leading provider of integrated budgeting, forecasting, consolidation and financial reporting software, today introduced a new product, Planning Maestro, Business Performance Management (BPM ) software for the mid-market enterprise. Capitalizing on the heralded success of its flagship solution, Budget Maestro, budgeting, forecasting and reporting software, Planning Maestro offers driver-based planning, advanced modeling, and dynamic reforecasting in a collaborative planning environment. This new product will make it easier for mid-market companies to drive reliable budgets, perform real-time analysis and provide deep visibility into the underlying factors that affect business performance."Mid-market companies can now benefit from all of the advanced capabilities built-into to Planning Maestro at the fraction of the cost of high-end BPM systems," says Kamran Sassoon, President and CEO of Centage. "The dynamic nature of the application provides managers with a tool for real-time financial analysis and flexible forecasting to help respond to changing business conditions."Some of the exciting features in Planning Maestro include:Driver-based Planning: This capability enables you to draw the connections between actions in one part of the business and activities in others so you can plan more effectively and with greater coordination. A single screen lets you establish both financial and non-financial drivers to generate the calculations for all aspects of your plan including revenue, expenses, personnel and capital assets.Multi-View Modeling: This feature gives you the ability to get multiple views of your Chart of Accounts and Organizational Hierarchy so you can budget, measure and report on the performance of your business along many dimensions, i.e. customer, product, manager, department, region, division, etc. for better operational reporting and analytics.Dynamic Reforecasting: An easy-to-use wizard takes users through the steps of creating a reforecast, in minutes, by splicing together data from other versions. Then, with a click of a button, automatically generate a new P&L and Balance Sheet forecast.Excel-like Data Entry Screen: Designed with the non-financial user in mind, this simple screen has the look and feel of Excel for data entry making it extremely easy for budget contributors across the organization with virtually no learning curve.Planning Maestro Product Tours and information, including free webinars, are available at www.centage.com/. Planning Maestro is available directly from Centage Corporation and through Centage authorized resellers.