Demand for Budgeting and Forecasting Solutions Drives Continued Growth for Centage Corporation and Budget Maestro

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Natick, MA – February 19, 2015 – Centage ™ Corporation, a leading provider of budgeting and forecasting software (Budget Maestro™) for small and medium sized businesses, has completed another year of record growth, driven by the increased demand for the company’s strategic budgeting and forecasting solutions. With a sharp focus on the user experience and a commitment to delivering the insight financial leaders require to guide their organization’s most critical decisions, Centage continued to achieve greater than 20 percent revenue growth in 2014.

2014 Fast Facts:

Known for its accuracy and built-in financial intelligence, 2014 also saw the introduction of a sleek new user interface (UI) for the flagship Budget Maestro product. Designed to improve the overall user experience and bolster productivity, Budget Maestro 7S gives users a more intuitive interface and additional customization options, allowing them to easily navigate and leverage the core product features that matter most in the budgeting process. To support the ongoing evolution of Budget Maestro and deliver the next set of advancements, Centage also hired former IBM Development Executive Piyush Jain as Vice President of Engineering. Jain brings more than two decades of budgeting, forecasting, and business intelligence commercial software development expertise to Centage.

Centage’s dedication to helping companies transform their budgeting and forecasting process was also recognized by the industry at large. Customer Hames Corporation, and their Chief Financial Officer (CFO) Maxwell Rule, was named a 2014 Technology Leadership Award winner by Ventana Research. Rule was honored for his organization’s ability to deliver exemplary business and financial performance via Budget Maestro. In addition, Centage was as recognized as a Core Vendor in the BPM Partners Pulse of Performance Management 2014 webcast, a ranking of the top vendors in budgeting, reporting, predictive analytics, Big Data, cloud, and mobile performance management.

“Financial professionals are continuing to looking for ways to improve the traditional budgeting processes and to adopt more flexible, automated solutions that can support the pace of their business. With Budget Maestro we enable them to not only automate the budgeting process, but to turn the budget into a strategic management tool for discovering underlying knowledge about the performance of the business,” said Barry Clapp, President & CEO, Centage Corporation. “In the year ahead our team will continue to extend the value of Budget Maestro providing customers’ entire management with a seamless view into all the actual and budget numbers needed to fully evaluate and act on their businesses.“

About Centage

Centage Corporation’s Planning Maestro is a cloud-native platform for intelligent planning and analytics that transforms how companies budget, forecast and report performance. Centage delivers sophisticated financial intelligence that can be implemented quickly and at an affordable price to small and medium-sized companies. With a direct line-of-sight into the organization’s financial health, Centage clients can react quickly to market changes, take intelligent risks, and capitalize on new opportunities. Centage serves over 10,000 users worldwide. Visit Centage.com, follow on Twitter, or visit the Centage Blog for the latest insights.

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Centage, Planning Maestro, and Budget Maestro are registered trademarks of Centage.

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