Centage Announces Record Revenue and Achievements in 2021; Prepares for Next Phase of Growth
Framingham, MA (January 27, 2021) – Centage Corporation (www.centage.com), the leading provider of cloud-based FP&A solutions, announced over 200% subscription revenue growth for Planning Maestro since the product’s launch in April 2019. The adoption rate of Planning Maestro has been remarkable since its release just under three years ago. Centage has now surpassed 650 businesses and 4000 users of the Planning Maestro platform.
“I am thrilled with what we achieved over the past several years and especially in 2021. It was another year where many of our customers needed to navigate unusual business climates. Planning Maestro played a critical role in helping them establish clarity and confidence in their cash flow forecasts, scenario plans, and planning decisions,” said John Murdock, Centage’s CEO. “We believe this dynamic business climate will continue to drive more companies towards adopting agile, continuous, and intelligent processes for forecasting, planning, and business performance optimization. Centage is prepared to meet these needs - we have a strong growth plan for the year ahead and we will continue to innovate in the FP&A market and invest in product development, strategic partnerships and support of customers by providing best-of-breed budgeting, planning and forecasting solutions.”
Centage’s modern, cloud-based FP&A solution supports the demands of today’s dynamic business cycle throughout the year helping businesses measure performance and make course corrections along the way. Through sophisticated financial intelligence and automation in Planning Maestro, finance teams can incorporate data from multiple sources, easily build driver-based financial models, automate forecasts, and predict balance sheet and cash flow performance accurately, as well as run what-if scenarios to test the outcomes of strategic decisions – all of which are critical in today’s business climate.
Centage earned several notable industry awards in 2021. Centage earned Gold status in the 2021 Golden Bridge Business and Innovation Awards® in the Most Innovative Company of the Year in the Business Products category and Silver in Company of the Year - Cloud Computing/SaaS/Internet category. Centage also ranked once as an Overall Leader in both Customer Experience and Vendor Credibility in the 2021 Dresner Advisory Services Wisdom of Crowds® Enterprise Performance Management (EPM) Study and received a Perfect Score for Likelihood to Recommend. In addition, for the third straight year, Centage was also honored with Dresner Advisory Service’s Overall Industry Excellence Award. Centage was named the winner of a Gold Stevie® Award in the Financial Services category as well as a Bronze Stevie Awards for Company of the Year - Computer Software. And Centage received DotCom Magazine’s Impact Company of the Year award.
To learn more about Centage and Planning Maestro, please visit www.centage.com.
About Centage
Centage is a leading provider of modern FP&A software solutions that empower Finance teams to lead the way to a stronger, more agile business. Our cloud platform, Planning Maestro, makes sophisticated budgeting, planning, and forecasting easy and accessible. Intuitive automation accelerates workflows and improves accuracy, enabling Finance leaders to deliver reliable information and meaningful insights at the speed of business today’s business. Centage serves over 10,000 users worldwide. Visit Centage.com, follow on LinkedIn, or visit the Centage Blog for the latest insights.