Centage Corporation Honored as Gold Stevie Award Winner in 2017 American Business Awards

Winner in Fastest Growing Technology Company Category

Natick, MA, May 11, 2017 (GLOBE NEWSWIRE) -- Centage Corporation, a leading provider of cloud-based budgeting and forecasting software for small and medium-sized businesses (SMBs), was named the winner of a Gold Stevie® Award in the Fastest Growing Tech Company category in the 15th Annual American Business Awards TM. More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted for consideration. Centage was nominated in the Fastest Growing Tech Company category (for small businesses) and, according to judges, was a standout nominee. Details about the American Business Awards and the list of 2017 Stevie winners are available at www.StevieAwards.com/ABA.   

Trusted by 9,000 users worldwide, Centage’s Budget Maestro® empowers financial professionals with a comprehensive “Smart Budget” approach to their corporate planning. In 2016, Centage experienced its third consecutive year of double-digit revenue growth, supported by double-digit customer and employee growth. The company also enjoyed impressive industry accolades and third-party recognition. This award win validates the market need for strategic budgeting tools and Centage’s leadership position in the industry. Read more about Centage’s momentum HERE.

Judges' comments include:

  • “Centage is at a sweet spot in providing budgeting, planning and forecasting solutions to automate the time-consuming and error-prone activities associated with spreadsheet budgeting and generating accurate budgets and forecasts. Its easy-to-use interface and accurate forecasting saves small to mid-market companies time and money.”
  • “This is a great example of a strong core focus and product vision coming to fruition in the form of significant growth.”
  • “Upgraded budgeting and forecasting is a significant step for any industry.”
  • “Great documentation and customer validation.”

With powerful built-in accounting rules and business logic, Budget Maestro is a sophisticated but easy-to-use budgeting and forecasting solution designed to provide financial professionals with immediate productivity gains, confidence in their projections and greater insight into their financial operations. Centage continues to invest heavily in the Budget Maestro Suite of tools to comprehensively address the emerging industry trend of Smart Budgets for the SMB market.  

“We are very pleased to be named the winner of a Gold Stevie Award–especially for the Fastest Growing Tech Company category. This award in particular is a testament to our hard-working employees, who are dedicated to building and delivering profoundly unique budgeting and forecasting solutions to support the real needs of financial professionals,” said Barry Clapp, president and chief executive officer, Centage Corporation. “We appreciate the recognition from the American Business Awards community and will continue to evolve our solutions to give our customers the financial insight they need for their planning and decision making.”

“Each year the judges find the quality and variety of the nominations to be greater than the year before. The 2017 competition was intense, and every organization that has won should be proud,” said Michael Gallagher, president and founder of the Stevie Awards.

To learn more about Budget Maestro, follow us on Twitter @Centage or visit the Centage Blog.

About Centage
Budget Maestro® by Centage is an easy-to-use, scalable, automated budgeting and forecasting application. It is designed for small to mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built-in financial and business logic that allows users to 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 cash flow reporting that generates automatically and updates seamlessly. 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.

About the Stevie Awards
Stevie® Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the American Business Awards, the International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performance in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6b69dcdb-7f07-40ce-b823-b33ede7093cc


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