Business performance management

OTC Industrial Technologies Goes Live with New Board Financial Consolidation Solution

Retrieved on: 
Thursday, March 9, 2023

Board , a leading global provider of Intelligent Planning Solutions which help organizations plan smarter – enabling actionable insights and better outcomes, today announced that OTC Industrial Technologies (OTC), one of the largest industrial distributors and services providers in the United States, has gone live with its new Board Financial Consolidation solution.

Key Points: 
  • Board , a leading global provider of Intelligent Planning Solutions which help organizations plan smarter – enabling actionable insights and better outcomes, today announced that OTC Industrial Technologies (OTC), one of the largest industrial distributors and services providers in the United States, has gone live with its new Board Financial Consolidation solution.
  • OTC’s initial strategy was to patch together the business units’ disparate systems to manage their financial processes, the most crucial of these being Financial Consolidation.
  • “We are delighted that OTC Industrial Technologies has embarked on their financial transformation journey with Board, starting with their financial consolidation process.
  • People ask me ‘When will Board be done?’ I always respond, ‘Board will never be done – Board will continue to grow and add value,” continued Jeremy Hall, Senior Manager of Financial Systems and Reporting at OTC Industrial Technologies.

Performant Financial Corporation to Report Fourth Quarter 2022 Earnings on March 14, 2023

Retrieved on: 
Wednesday, March 8, 2023

Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its third quarter 2022 results after the market closes on Tuesday, March 14, 2023.

Key Points: 
  • Performant Financial Corporation (Nasdaq: PFMT) (the Company), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, announced today that the Company will report its third quarter 2022 results after the market closes on Tuesday, March 14, 2023.
  • The Company will also hold a conference call to discuss results at 5:00 pm (Eastern Time) that day.
  • A replay will be available approximately three hours after the call, through March 21, 2023 accessible by dialing 844-512-2921 (domestic), or 412-317-6671 (international).
  • Performant works with healthcare payers through claims auditing and eligibility-based (also known as coordination-of-benefits) services to identify improper payments.

Vareto Launches Its Vareto Visionaries Community; Strengthens Leadership Team With VP of Sales Hire to Accelerate Growth

Retrieved on: 
Wednesday, February 1, 2023

Vareto , the modern FP&A software platform for strategic finance teams, today launched the new Vareto Visionaries community for finance leaders.

Key Points: 
  • Vareto , the modern FP&A software platform for strategic finance teams, today launched the new Vareto Visionaries community for finance leaders.
  • View the full release here: https://www.businesswire.com/news/home/20230201005136/en/
    Finance leaders at a Vareto Visionaries community dinner.
  • Vareto Visionaries offers a place where finance leaders can discuss various topics such as industry trends, building teams, partnering with business leaders, and tried-and-true advice for career growth.
  • That’s so important.”
    In addition to the launch of the Vareto Visionaries community, Vareto also announced the hiring of Conor Dragomanovich as the Vice President of Sales.

Nucleus Research Releases 2023 Corporate Performance Management Technology Value Matrix

Retrieved on: 
Tuesday, January 31, 2023

Companies are increasingly turning to Corporate Performance Management (CPM) technology to help combat economic uncertainty in the market.

Key Points: 
  • Companies are increasingly turning to Corporate Performance Management (CPM) technology to help combat economic uncertainty in the market.
  • The Experts in this year’s Value Matrix are organizations that deliver value to customers with complex use cases through deep functionality and industry-specific capabilities.
  • Facilitators in this year’s Value Matrix deliver value through greater ease of use and quick implementation.
  • To download the full 2023 CPM Technology Value Matrix, click here .

NETSCOUT Research Reveals that 75% of Enterprises Plan to Grow the Use of Unified Communications and Collaboration Platforms in 2023

Retrieved on: 
Tuesday, January 31, 2023

The need to take advantage of new features and functions (89%) or better support employee collaboration (67%) was cited most often in driving these decisions.

Key Points: 
  • The need to take advantage of new features and functions (89%) or better support employee collaboration (67%) was cited most often in driving these decisions.
  • Additional findings from the research include:
    Most enterprise-level organizations support 1-4 unified communication and collaboration tools and applications.
  • “Hybrid work models have added complexity to the UC&C platforms used by large enterprises and call centers,” said Michael Szabados, chief operating officer, NETSCOUT.
  • Visit our website to download a PDF of the research findings or to learn more about our UC&C solutions .

Prophix Recognized as a Leader in the 2023 Nucleus Research CPM Technology Value Matrix

Retrieved on: 
Wednesday, February 8, 2023

MISSISSAUGA, ON, Feb. 8, 2023 /PRNewswire/ -- Prophix, a leading global platform for financial performance management, today announced it has been ranked as a "Leader" in Nucleus Research's "2023 Corporate Performance Management (CPM) Technology Value Matrix." In its 2023 report, Nucleus Research evaluated vendors based on their usability and functionality, as well as how the vendors deliver value to customers through product capabilities. The research serves as a snapshot of the CPM technology market, helping to inform customers and prospects of how vendors are delivering value, and taking stock of what can be expected in the future based on present investments.

Key Points: 
  • Nucleus Highlights Prophix Platform's Usability and Customization, AI/ML Capabilities
    MISSISSAUGA, ON, Feb. 8, 2023 /PRNewswire/ -- Prophix, a leading global platform for financial performance management, today announced it has been ranked as a "Leader" in Nucleus Research's "2023 Corporate Performance Management (CPM) Technology Value Matrix."
  • In its 2023 report, Nucleus Research evaluated vendors based on their usability and functionality, as well as how the vendors deliver value to customers through product capabilities.
  • The research serves as a snapshot of the CPM technology market, helping to inform customers and prospects of how vendors are delivering value, and taking stock of what can be expected in the future based on present investments.
  • According to the Nucleus report, Prophix is "designed to be easy to use, even for those without a background in accounting or finance."

Cloud Analytics Market to Reach $174.5 Billion, Globally, by 2031 at 21.5% CAGR: Allied Market Research

Retrieved on: 
Tuesday, February 7, 2023

PORTLAND, Ore, Feb. 7, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Cloud Analytics Market by Solution (Analytics Solutions, Enterprise Information Management, Hosted Data Warehouse solutions, Enterprise Performance Management, Cloud BI Tools, Government, Risk, and Compliance, Others), by Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), by Enterprise Size (Large Enterprises, SMEs), by Industry Vertical (BFSI, IT and Telecom, Healthcare, Manufacturing, Retail and e commerce, Government and Public Sector, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global cloud analytics industry was valued at $25.4 billion in 2021 and is estimated to generate $174.5 billion by 2031, witnessing a CAGR of 21.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • Ability of cloud analytics software to process large and massive data sets and produce understandable results, increased demand for analytics solutions, and integration of network infrastructures with software-defined networking drive the global cloud analytics market growth.
  • Ability of cloud analytics software to process large and massive data sets and produce easily understandable results, its easy access and connectivity by business intelligence, increased demand for analytics solutions, and integration of network infrastructures with software-defined networking (SDN) fuel the growth of the global cloud analytics market.
  • The outbreak of the Covid-19 pandemic impacted the global cloud analytics market moderately.
  • This is owing to the increased use of cloud analytics in big industries where it is used in application development.

Cloud Analytics Market to Reach $174.5 Billion, Globally, by 2031 at 21.5% CAGR: Allied Market Research

Retrieved on: 
Tuesday, February 7, 2023

PORTLAND, Ore, Feb. 7, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Cloud Analytics Market by Solution (Analytics Solutions, Enterprise Information Management, Hosted Data Warehouse solutions, Enterprise Performance Management, Cloud BI Tools, Government, Risk, and Compliance, Others), by Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), by Enterprise Size (Large Enterprises, SMEs), by Industry Vertical (BFSI, IT and Telecom, Healthcare, Manufacturing, Retail and e commerce, Government and Public Sector, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global cloud analytics industry was valued at $25.4 billion in 2021 and is estimated to generate $174.5 billion by 2031, witnessing a CAGR of 21.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points: 
  • Ability of cloud analytics software to process large and massive data sets and produce understandable results, increased demand for analytics solutions, and integration of network infrastructures with software-defined networking drive the global cloud analytics market growth.
  • Ability of cloud analytics software to process large and massive data sets and produce easily understandable results, its easy access and connectivity by business intelligence, increased demand for analytics solutions, and integration of network infrastructures with software-defined networking (SDN) fuel the growth of the global cloud analytics market.
  • The outbreak of the Covid-19 pandemic impacted the global cloud analytics market moderately.
  • This is owing to the increased use of cloud analytics in big industries where it is used in application development.

AF Group Announces Executive Leadership Promotions

Retrieved on: 
Thursday, February 2, 2023

Before joining AF Group, Cooper held significant leadership roles with Travelers, General Electric, Specialty Underwriters' Alliance and Accident Fund.

Key Points: 
  • Before joining AF Group, Cooper held significant leadership roles with Travelers, General Electric, Specialty Underwriters' Alliance and Accident Fund.
  • Kelly Fusner has been named president, Specialty Lines, overseeing AF Group brands Fundamental Underwriters and AF Specialty , as well as AmeriTrust's Century Surety brand.
  • She joined AF Group in 2019 as managing director of Multiline Distribution and has served as chief underwriting officer since 2020.
  • She will oversee AF Group brands' marketing functions, including leadership of Agency Education, Agency Relations, Corporate Events and Marketing Communications.

The Keyrus Group enters the final phase of making a strategic investment in Sonum International - a European EPM leading player and a specialist in Anaplan®.

Retrieved on: 
Monday, January 23, 2023

Founded in 2010, Sonum is a professional services firm that helps clients improve their application of best-in-class performance management processes, methodologies, and enabling technologies.

Key Points: 
  • Founded in 2010, Sonum is a professional services firm that helps clients improve their application of best-in-class performance management processes, methodologies, and enabling technologies.
  • An Anaplan Gold and Anaplan Certified Training Partner, Sonum has successfully led over 120 implementations at global enterprises and mid-size companies.
  • Together, they bring connected planning expertise and solutions that span multiple use cases across all functions and most industry sectors.
  • Maud Vermeulen, Founding Partner of Sonum International, comments: "In Keyrus, we found a partner that is aligned with our culture of knowledge-sharing and expert-driven delivery.