Centage Corporation | Top CPM Solution Company-2020

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Centage Corporation: Informed and Intelligent Financial Planning

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In today’s changing market environment, the key to business success is faster and more informed decisions. Organizations today need to be more agile, but financial silos, technology limitations, and legacy systems create major challenges for them to take intelligent risks and capitalize on new opportunities. Founded in 2002, Centage Corporation provides intelligent planning and analytics solution, Maestro Suite, for accurate budgeting, forecasting, analytics, and reporting. “The Maestro Suite has been designed for meeting the needs of SMEs by providing a user-friendly experience that saves time, allows for easy collaboration between teams, and offers unlimited what-if scenario planning,” says John Murdock, President and CEO at Centage Corporation.

Centage Maestro Suite, a strategic Financial Planning & Analysis (FP&A) solution, provides businesses with financial planning, analysis, and reporting to realize efficient corporate performance management (CPM). Further, the company’s Budget Maestro solution automates and streamlines the complete budgeting process. The software automates tasks performed in spreadsheets and generates more accurate, driver-based budgets and financial forecasts. Also, the software’s intuitive built-in modeling capabilities handle workforce planning expenses, revenue recognition, and capital assets.

Financial data is essential for any business’ success. Centage’s Analytic’s Maestro solution provides organizations with accurate and reliable graphical representations of a company’s financial data. The software’s ability to seamlessly integrate with General Ledger (GL) allows for easy extraction of valuable financial data to create actionable reports. Real-time dashboard reports enable management team to track up-to-date performance across all aspects of business operations.

Another essential part of an organization’s financial management spectrum is ERP. Centage’s Data Integratorssolution automates the secure exchange of financial information between GL and the Maestro Suite. This enables comparison of the financial forecast (company budget) with the financial results and eliminates the risk of data entry errors and duplicate information.


The Maestro Suite has been designed for meeting the needs of SMEs by providing a user-friendly experience that saves time, allows for easy collaboration between teams, and offers unlimited what-if scenario planning


Centage’s Maestro Suite is cost-effective, easy to implement and use, highly scalable, integrated, and compliant that guarantees reliable financial intelligence to organizations.

Centage has helped many organizations to overcome the challenges and improve their outcomes. For example, Community Care, Inc., situated in Brookfield, Wisconsin, has been helping vulnerable elders and adults with disabilities to live independently for more than 35 years. The organization faced issues when they first implemented an automated budgeting tool in 2004 to help streamline financial processes. They failed at it as the software wasn’t intuitive enough to be used by operations managers. The company resorted back to using Excel spreadsheets manually for budget management which was a grueling task with no validity. With Centage’s Budget Maestro software, Community Care was better able to manage their budget allocation activities, run cash flow projections and instantly create balance sheets. The software also helped them project staffing costs for their 1,000 employees with greater accuracy. During any changes in the social security benefits and other government regulations, the software allows them to run projections and determine how evolving expenses will impact the operational budget.
Centage, in collaboration with its partners, delivers value by leveraging a deep understanding of accounting and finance systems to complement its CPM solutions. Serving over 10,000 users worldwide, the company is redefining the way businesses budget, forecast, analyze, and report their financial performance.

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Top 10 CPM Solution Companies - 2020

Centage Corporation

Company
Centage Corporation

Management
JOHN MURDOCK, President & CEO

Description
Centage empowers business leaders to make timely, data-driven decisions by providing them with actionable intelligence about the current and projected future health of their businesses. Its CPM solution includes essentials like Planning Maestro, Budget Maestro, Analytics Maestro, and Data Integrators. By automating core tasks and providing a line-of-sight into an organization’s future health with the help of Centage solution, the company helps its clients orchestrate a new era of agile decision making, react quickly to market changes, take intelligent risks, and capitalize on new opportunities. By choosing Centage as the business partner, enterprises can future-proof their business and career, switch to Intelligent Planning & Analytics, and ultimately become a maestro for business