NATICK, Mass., Oct. 31, 2018 /PRNewswire/ -- Centage Corporation (www.centage.com), leading provider of cloud-based budgeting, forecasting, analytics and reporting solutions, announced its ranking as both an Overall Experience Leader and a Credibility Leader in the 2018 Wisdom of Crowds SME Planning Market Study from Dresner Advisory Services.
The study found that enterprise planning is increasingly important to SMEs, with organizations using planning software increasing from 24% in 2017 to nearly 60% in 2018. This increased priority on enterprise planning has seen solutions like Centage's Maestro Suite play an important role in providing the advanced collaborative planning tools needed for SMEs to drive growth in a fast-paced market economy.
"We are honored to be recognized as a leader in experience and credibility," said John Murdock, CEO of Centage. "The report shows a major shift for SMEs towards SaaS/cloud and hosted services. This is exactly what the Maestro Suite is designed for – meeting the needs of these organizations by providing a user-friendly experience that saves time, allows for easy collaboration between teams and offers unlimited what-if scenario planning."
Centage's proprietary technology helps users gain a deeper understanding of the health and stability of their business within a streamlined, cloud-based interface.The Maestro Suite offers a flexible, driver-based model, continuous forecasting and robust, accurate analytics and reporting.
"We see a significant increase in adoption of enterprise planning software by SMEs in 2018, driven by mid-sized organizations," said Howard Dresner, founder and chief research officer at Dresner Advisory Services. "Despite this growing market maturity, there are opportunities for enterprise planning offerings focused on SMEs, especially if these feature ease of deployment and configuration."
Click here to view the full report.
Centage Corporation's Maestro Suite enables faster, more accurate budgeting, forecasting, analytics and reporting for small to mid-market organizations. Cloud-based and collaborative, Maestro Suite eliminates the time-consuming and error-prone activities associated with using spreadsheets. It shows how a business is performing and helps accurately forecast and report on future financial health. It is the only solution that offers synchronized P&L, balance sheet and automatically generated cash flow reporting, to speed up decision-making and deliver useful business information year round. Centage serves over 10,000 users worldwide. Visit Centage.com, follow on Twitter, or visit the Centage Blog for the latest insights.
SOURCE Centage Corporation