Natick, MA, June 22, 2017 (GLOBE NEWSWIRE) -- Centage Corporation, a leading provider of cloud-based budgeting and forecasting software, today announced Budget Maestro 9; a completely new version of its popular budgeting and planning software for small and medium-sized businesses (SMBs). To learn more about Budget Maestro 9, please register for our webinar, “Introducing Budget Maestro 9” on Thursday, June 29th at 11:30 a.m. ET.
Budget Maestro 9 redefines budgeting technology, in that it automates the creation and maintenance of budget models by deploying built-in financial intelligence and rules to self-program and self-maintain them. As a result, financial professionals can define and create complete and accurate budget models in a matter of days, and adjust the model structure nearly instantaneously.
“The need for greater agility from a budget model that easily accommodates many, many iterations is what we hear most often from our customers,” said Barry Clapp, president and chief executive officer of Centage. “We developed an intelligent budget model that can re-program itself when things change, freeing the financial team to concentrate on the numbers that drive the business, rather than programming the model.”
“We're excited to learn of the many new enhancements in Budget Maestro and Analytics Maestro in the Maestro Cloud. The added ease of use and navigation, and streamlining of screens features, along with sharing of a common interface for drivers will make the system even more useful and stronger,” said Angelito Santos, director of budget systems, reporting and business processes at Brandeis University. “We also like the slice and dice views for reporting, and the sharing of based upon definitions across versions, and we're glad that we'll be able to make changes to budget lines for specific activity versions.”
“We developed the new version utilizing the latest leading-edge technologies that make the system most flexible and easy to use while maintaining all the underlying features and function strengths that have made Budget Maestro such a highly competitive product,” said Piyush Jain, vice president of engineering for Centage. “We’ve eliminated the pitfalls associated with spreadsheet budgeting and strive to make legacy tools which require complex programming, obsolete.”
“Centage’s latest release delivers a new and easier to navigate UI, more out of the box functionality, unlimited dimensions, multi-step allocations, more support for transactional level details and it has been optimized for the latest cloud architecture,” said Craig Schiff, president and chief executive officer of BPM Partners. “This combination of power and ease-of-use is a major step forward for solutions targeting SMBs.”
A few key new features of Budget Maestro 9 include:
“Budget Maestro 9 seems so much easier to navigate with a couple of clicks to get right to a comfortable working screen,” said Karen DePasquale, assistant controller for JN Phillips Auto Glass Company. “It also really simplifies the use of its built-in functions, for example it can set up allocations and spread methods in a far more intuitive and straightforward way.”
Clapp adds, “Our goal at Centage is to help create a platform that contains all the information a company needs to evaluate the financial performance of their business so they can most accurately project future plans. The products enabling that should be simple and intelligent enough to eliminate the need for users to continuously intervene in order to maintain the system.”
Budget Maestro® by Centage is an easy-to-use, scalable, cloud-based budgeting and forecasting solution that eliminates the time-consuming and error-prone activities associated with using spreadsheets. It is designed for small to mid-market companies to support a comprehensive Smart Budgets approach to corporate planning. Its built-in financial and business logic allows users to quickly create and update their budgets and forecasts, and never worry about formulas, functions, links or any custom programming. It is the only solution in the market that offers synchronized P&L, balance sheet and automatically generated cash flow reporting. Budget Maestro serves more than 9,000 users worldwide. Visit us at Centage.com, follow us on Twitter, or visit the Centage Blog for the latest insights on budgeting and forecasting strategies.
Centage and Budget Maestro are registered trademarks of Centage.
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Sarah Bernardi Centage 5089816449 email@example.com