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News
Press release
April 2006
Cartesis - Global Alliance
Prodacapo has formed a strategic partnership with Cartesis, a world
leading specialist in finance and performance management software.
Prodacapo has been selected by Cartesis as a founding member of its
global Open Profitability Initiative, designed to deliver comprehensive
profitability optimization and business performance management
solutions.
Through the initiative, companies that rely on the Cartesis platform can
confidently select a product for profitability optimization that has
been pre-approved by Cartesis. Data from the products can be leveraged
by all applications in the Cartesis 10 suite.
Cartesis is the fastest growing software company within the area of
financial and business performance management solutions. One out of four
Fortune Global 100 companies relies on Cartesis. The company provides
solutions for financial consolidation and budgeting, planning, and
forecasting.
Prodacapo is a leading provider of corporate performance management
solutions. The Prodacapo software suite includes solutions for
enterprise-wide cost and profitability analysis as well as for dynamic
planning, balanced scorecard, and business process management.
Fredrik Wastenson, CEO, Prodacapo says: “Accurate and transparent
information about costs and profitability of customers, products, and
channels is vital for any organization that wants to improve
profitability and performance. The Prodacapo solution for cost and
profitability analysis is based on Activity Based Costing/ Management
and provides organizations with the insights they need to improve
profitability and reduce costs. We are pleased to partner with Cartesis.
Together we can offer customers a comprehensive and powerful suite of
solutions for performance management.”
“We have successfully established Prodacapo as a leading provider of
world-class software solutions for improved performance management. The
partnership with Cartesis is proof of this. It is also an important step
in our continued global expansion and allows us to offer a broader
performance management solution."
Crispin Read, CMO at Cartesis says: “Profitability optimization –
including customer, product, and channel profitability – is a high
priority for our customers. The open initiative allows Cartesis to
deliver extended solutions for performance management while maintaining
our focus on financial consolidation and budgeting, planning, and
forecasting. We are delighted to partner with Prodacapo; in partnership
we will enable joint customers to better manage performance and increase
profitability.”
For more information about Cartesis, please visit
www.cartesis.com
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