Natick, MA (July 1, 2020) – Centage Corporation (www.centage.com), the leading provider of cloud financial software that transforms how businesses budget, forecast, analyze and report, announced that it was once again ranked an Overall Leader in both Customer Experience and Vendor Credibility in the 2020 Dresner Advisory Services Wisdom of Crowds® Enterprise Performance Management (EPM) Study. Centage also maintained a Perfect Score for Likelihood to Recommend.
“Centage has one again improved its position as a market leader,” said Howard Dresner, founder, and chief research officer at Dresner Advisory Services. “The vendor rankings are based solely on a survey of end users, and Centage continues to show strong performance as an industry leader, with every Centage customer who participated recommending them. We congratulate Centage on its strong performance and leadership position in 2020.”
In this year’s study, Centage scored well above the overall sample with continued improvements across most categories of measurement and especially in product. Of specific note within the product scores are key improvements in completeness of functionality, scalability, integration, overall usability, ease of installation and administration, customization and extensibility and ease of upgrade/migration to new versions. In addition to product improvements, Centage was acknowledged by Dresner Advisory Services as best in class for sales flexibility/accommodation, and business practices, support product knowledge, and consulting professionalism, product knowledge, experience, continuity and value, and overall integrity.
“We are honored to be acknowledged again this year as a leader in experience and credibility and thrilled to see that Centage improved its position in so many categories in Dresner’s 2020 survey,” said Centage CEO, John Murdock. “It is proof the investment we continually make in our software is being well received by the market and meeting the ever-evolving needs of our customers. I’m very proud of this accomplishment, as it reflects the commitment of the Centage team to provide leading edge software, high value and ROI, and excellent customer service to our user community. Centage’s Planning Maestro is a clear choice for organizations looking to adopt intelligent business planning and forecasting software.”
The study found that the adoption of enterprise performance management software increased in 2020, evidence of growing market maturity in the last 12 months. Fifty-five percent of survey respondents indicated they already use or are currently evaluating this type of software. The study further found that annual financial budgets remain the highest priority planning capability for enterprise performance management software to have.
Centage’s platform for budgeting, planning, forecasting and analytics delivers a level of sophisticated financial intelligence typically only enjoyed by large enterprises, at a price point that makes it accessible for small and medium sized businesses. The platform allows finance teams to integrate data from multiple sources, easily build and manipulate driver-based financial models, predict balance sheet and cash flow performance with accurate and automated forecasts, as well as run what-if scenarios to test the impacts of strategic decisions.