REDWOOD CITY, CA--(Marketwire - Oct 12, 2011) - Host Analytics, the leading provider of SaaS corporate performance management (CPM) solutions and ERP Logic, a global enterprise solutions implementation and consulting company, today announced a strategic partnership to provide a complete, on-demand CPM solution for SAP Business ByDesign. Named 2010 SAP Channel Partner of the Year, ERP Logic is an exclusive SAP Business ByDesign reseller bringing the benefits of SaaS-based business management to fast-growth midsize companies.
"This partnership brings midmarket companies best in class integrated ERP and CPM tools at a fraction of the cost," said Alan Fang, COO of ERP Logic, Inc. "We are committed to forging strategic partnerships with companies like Host Analytics that maximize the value our customers realize from their investment in SaaS and SAP Business ByDesign."
The comprehensive offering extends the SAP business management solution and features packaged connectors between SAP Business ByDesign and Host Analytics for seamless integration with a proven SaaS-based CPM solution. Host Analytics gives SAP Business ByDesign customers the most complete solution to manage their operational business, including a management layer of CPM to drive better decisions, and the ability to pull in external industry data such as key performance indicators and benchmarking data.
A recent report from Gartner entitled Key Issues for Finance (March 21, 2011) explored the issue of the need for financial management applications to be deployed as part of an ERP strategy. That report stated "centralization and standardization of finance applications remain high on many CFO agendas, because this can form the foundation for a wider ERP strategy across an organization."
Host Analytics' suite of SaaS CPM solutions helps finance executives drive fact-based decision making throughout their organizations and puts rigor into financial processes such as planning and budgeting, scorecarding and financial consolidation and reporting.
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"Our customers are invested in SaaS to run and manage their business," said Frank Iannotti, North American ByDesign vice president. "We depend on partners like ERP Logic and proven companies in the cloud ecosystem such as Host Analytics to bring new innovation for the midmarket and enterprise. Host Analytics is a welcome addition to our ByDesign family for analytics, financial management, accounting, budgeting and more."
"There is market demand for packaged cloud applications that integrate with and extend existing technology investments," said Sanjeev Aggarwal, founder of SMB Group. "Increasingly, cloud vendors serving important business functions including ERP and finance are bridging the gap for end user organizations by integrating technologies to bring end-to-end solutions to market, speeding time to value and ROI."
"We are making history with today's announcement of the first-ever SaaS ERP and CPM partnership," said Jon Kondo, CEO at Host Analytics. "This partnership is a significant step towards our mission to bring the promise of CPM to the cloud. For years on-premise CPM and ERP providers have recognized the power of bringing their solutions closer together. This groundbreaking relationship brings that value to the cloud. We are partnering best in class cloud-based ERP with the leading SaaS CPM suite. No other vendor can claim a true end-to-end enterprise-class finance SaaS solution. Our partnership with ERP Logic means more to businesses because it combines the only application set designed for finance in the cloud with the benefits of SaaS delivery and scalability. We are thrilled to partner with ERP Logic to provide insight into finance that will help fast-growth customers make sound, strategic decisions."
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About ERP Logic, Inc.
ERP Logic, Inc. is an SAP Partner and global business solutions implementation and consulting company. It possesses deep expertise in simplifying and streamlining business processes by leveraging the right IT solutions.
For small and mid-sized companies, ERP Logic offers implementation and development services for SAP Business ByDesign, a fully integrated business management solution.
ERP Logic offers implementation and consulting services for SAP ERP. These services include assessment, application management, upgrade, custom applications, and staff augmentation. ERP Logic also offers additional functionality to its SAP ERP customers through fixed-bid solutions like iFSCM, a solution that optimizes the financial supply chain, and eWM, a solution that optimizes complex warehouse environments within the supply chain.
SAP, ByDesign and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first cloud-based corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including AT&T, National Public Radio, NexTag, Crocs, Thule, Otis Spunkmeyer, Schumacher and Red Roof Inn. Founded in 2000, Host Analytics has received industry recognition including JMP Securities' Hot 100: The Best Privately Held Software Companies, AlwaysOn OnDemand 100, AlwaysOn Global 250, the Ventana Research Leadership Award, the Editors' Choice Award From TechWeb's Intelligent Enterprise and the Red Herring Top 100 North America Tech Startup Award.
For additional information, visit http://www.hostanalytics.com/ or join the conversation at www.twitter.com/host_analytics.
Contact Information:
Contact:
Dave Struzzi
Kulesa Faul for Host Analytics
(212) 228-7972