LAS VEGAS, NV--(Marketwired - May 22, 2013) - HOST ANALYTICS WORLD -- Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced the winners of the inaugural Cloud EPM Excellence Awards. The winners include The Financial Accounting Foundation, Saltchuk Resources, Sonus Networks, The Martin-Brower Company, and Wind River Holdings.

The Cloud EPM Excellence Awards recognize thought leaders and innovators within the Host Analytics community including customers and partners. Winners are honored for their use of cloud-based financial analytic applications including planning, close management, reporting, and analytics that streamline operations, demonstrate thought leadership, and show significant ROI. 

This year's winners include:

  • The Financial Accounting Foundation is the designated organization in the private sector that establishes standards for the preparation of financial reports. Since moving to the Cloud with Host Analytics, they have dramatically improved their data access and availability, streamlined their reporting, and gained the ability to publish "Board-ready" financial documents with the click of a button.
  • The Martin-Brower Company is a global logistics and supply chain company that serves industry leaders like McDonald's. Working with Host Analytics partner CFO Solutions, the company implemented Planning Cloud followed by Close Management Cloud during a time when the company added billions in annual revenues and successfully integrated multiple acquisitions.
  • Saltchuk Resources, Inc. is the parent company for TOTE, Inc.; Foss Marine Holdings; North Star Utilities Group; Interstate Distributor Company; and Northern Aviation Services, generating annual revenues of more than $2 billion. The company deployed Host Analytics Close Management Cloud and Planning Cloud, significantly reducing the time and effort for their close process and driving greater accountability and ownership out to their operating groups.
  • Sonus Networks helps the world's leading communications service providers and enterprises embrace the next generation of SIP-based solutions including VoIP, video, and Unified Communications through secure, reliable, and scalable IP networks. The company deployed Host Analytics to modernize their planning and reporting processes and move off of Microsoft Excel. Working closely with Host Analytics partner Cervello, Sonus Networks achieved success through multiple phases of evolution, starting with CFO reporting, adding budgeting, and implementing a rolling forecast process. They also gained much greater business agility, moving away from a heavy dependence on a busy IT department to a system that Finance can own.
  • Wind River Holdings is a 100 year old, privately owned investment company. They own a diverse portfolio of companies including First Service Networks, Goddard Systems Inc., Philadelphia Mixing Solutions, Ltd., and others. They replaced a legacy on-premises consolidation application with Close Management Cloud, later adding Planning Cloud, which they use to streamline and automate the financial processes that support the wide-ranging industries and business models that make up their portfolio.

"Congratulations to this year's Cloud EPM Excellence Award winners," said Lance Walter, CMO at Host Analytics. "Nothing inspires our team like customer success. We love to see organizations across many different industries achieve the improved business agility, increased security, and lower overall costs that Host Analytics cloud-based delivery model provides."

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About Host Analytics
Host Analytics is the leader in cloud-based financial applications for planning, close management, reporting, and analytics. Host Analytics Enterprise Performance Management (EPM) customers benefit from improved business agility, lower total cost of ownership, faster time to value, increased security, and a faster pace of innovation compared to traditional on-premises alternatives. World-class companies like NEC, Burlington Coat Factory, and Crocs trust Host Analytics to power their strategic financial processes. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with offices around the globe.

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Tony Keller