ST. LOUIS, MO--(Marketwire - September 15, 2008) - Host Analytics, a leader in
on-demand financial and corporate performance management
(CPM), today announced an expanded product line that will make its
market-leading SaaS CPM solutions accessible to more companies, including
those with diverse needs ranging from basic budgeting and dashboards to
comprehensive and unified CPM. The new offerings are part of Host
Analytics version 8.1, launched today at Vision'08, Host Analytics annual
user conference in Orlando, Florida, and include more comprehensive revenue
forecasting, balanced scorecard and reporting capabilities.
For businesses and enterprises that have outgrown spreadsheets as a tool
for improving corporate performance, Host Analytics will now offer Team
Edition, which deploys quickly and is very effective for budgeting and
planning in companies with less than $100M in average annual revenue (AAR).
Businesses seeking an alternative to high-priced, difficult-to-install
licensed CPM software will select Host Analytics Standard Edition, a
comprehensive package of budgeting, planning, dashboarding and scorecarding
solutions featuring OLAP. Larger enterprises replacing, or slowly
migrating to, a legacy CPM solution, can deploy Host Analytics Enterprise
Edition, the most complete and unified on-demand CPM suite available. All
Host Analytics offerings are priced on a per user per month basis and
delivered via the SaaS model.
"Companies of all sizes are facing unprecedented business pressures that
are making it more important than ever to have real-time visibility into
their corporate performance," according to Jeffrey M. Kaplan, Managing
Director of THINKstrategies, Inc. and the founder of the SaaS Showplace.
"Today's increasingly dispersed and mobile workforce requires that
companies deploy web-based, on-demand corporate performance management
(CPM) capabilities like Host Analytics' solutions so business executives
and end-users can access and analyze real-time data from anywhere at
anytime to achieve their corporate objectives."
"With Host Analytics, we now have consistent data that can be shared
easily," said Joel Feldman, director of budgeting and planning, Otis
Spunkmeyer. "And the flexibility to do top-down or bottom-up planning, at
whatever level we think is appropriate, is a big deal for us."
Host Analytics v8.1 includes enhancements in sales forecasting, balanced
scorecarding and reporting functionality. Improvements in sales
forecasting will help customers better synchronize planning with
production, a key requirement given today's dynamic business climate.
Customers also benefit from a more flexible dimensional model and workflow
configuration featuring a top-down business-rules engine. New reporting
capabilities include 'out-of-the-box' presentation-quality reports,
enhanced support for balanced scorecard methodology, alternative
hierarchies and custom roll-ups at any level of the organization, as well
as 'fast-start' reporting for income, cash flow and balance sheet
statements.
The expanded Host Analytics product suite can be summarized as follows:
Team Edition
-- Designed for fast implementation and effectiveness
-- Includes budgeting, planning, reporting and dashboards
Standard Edition
-- Designed to provide a comprehensive suite of budgeting and planning
solutions
-- Includes budgeting, planning, dashboarding, scorecarding and OLAP
reporting
Enterprise Edition
-- Designed to provide a complete and unified Corporate Performance
Management solution
-- Includes budgeting, planning, dashboards, OLAP reporting, scorecards,
revenue forecasting and consolidation
More information about Host Analytics Team Edition, Standard Edition and
Enterprise Edition can be found at
www.hostanalytics.com.
"First-class CPM systems should not be limited to the largest companies --
every business can benefit from more agile budgeting and forecasting," said
Jon Kondo, CEO, Host Analytics. "By expanding our offerings we have the
ability to put market-leading CPM tools in the hands of more finance execs
and line-of-business managers than any other vendor -- SaaS or otherwise.
Combined with the latest product enhancements we feel businesses of all
sizes will have the systems they need to compete successfully in this
challenging business environment."
About Host Analytics
Host Analytics is the leading provider of on-demand corporate and financial
performance management solutions. Host Analytic's solutions help financial,
line of business and departmental executives improve their
budgeting,
forecasting,
financial
consolidations,
dashboarding,
scorecarding,
reporting
and analysis. Host Analytics delivers its suite of corporate
performance management solutions via the
Software as a
Service (SaaS) model. Host Analytics, a pioneer in providing
comprehensive and easy to use CPM solutions, was founded in 2000 and
expanded its SaaS offering in 2005 to include a complete suite of CPM
solutions.
Host Analytics helps organizations streamline the performance management
process, align the planning process with business strategy and effectively
measure performance and manage change. As a SaaS delivered solution, Host
Analytics customers realize fast time to value through quick implementation
of solutions, the highest levels of user adoption, effective empowerment of
business users and a continuous flow of Host Analytics provided solution
innovations and improvements.
Host Analytics serves the enterprise, large and midsized company and public
sector markets including industry leading companies like JP Morgan Chase,
Procter & Gamble, Otis Spunkmeyer, Pitney Bowes, and Nortel Networks. Host
Analytics was included in JMP Securities' prestigious "Hot 100: The Best
Privately Held Software Companies." For additional information, visit
http://www.hostanalytics.com/ or call (314) 588-2121.
© 2008 Host Analytics Incorporated. All rights reserved. All trademarks
are the property of their respective owners.
Contact Information: Company Contact:
Gary Damiano
Host Analytics
314-588-2121 Ext 413