Rochester, NY (PRWEB) April 15, 2010 — ClearMomentum, Inc., a Financial Performance Management (FPM) software and services company, announced record growth again in its first quarter of 2010. The company has now achieved 6 consecutive quarters of sequential growth and has bolstered its already strong presence in Capital Markets with significant wins in the Corporate [...]
ClearMomentum, a leader in Software-as-a-Service (SaaS) corporate performance management (CPM), continued its technology leadership position today with the launch of ClearFinancials® 2010, the company’s 5th major product release in the last three years. This new platform turns ClearFinancials®, the company’s flagship analytics offering, into a feature-laden platform that enables a comprehensive suite of products. Soon [...]
ROCHESTER, N.Y.–(EON: Enhanced Online News)–ClearMomentum, Inc., a Corporate Performance Management software and services company, today announced a contract with Palmer Food Services to adopt ClearFinancials® to provide a new level of financial management and associated efficiencies.
“We will realize significant productivity gains in our finance department and be able to share and act on financial data [...]
ROCHESTER, N.Y.–(EON: Enhanced Online News)–ClearMomentum, Inc., a Financial Performance Management (FPM) software and services company, announced record growth in 2009. The company has now achieved 5 consecutive quarters of sequential growth and has bolstered its already strong presence in Capital Managers with significant wins in the Corporate arena, including American [...]
Rochester,NY – – ClearMomentum, the leading provider of fully integrated financial analytics and reporting software-as-a-service (SaaS), today made two groundbreaking announcements. It has closed on a Series A Round funding and Kenneth Kaisen, a former Vice President & General Manager at Xerox and Avaya Inc., has joined the company as President & CEO.
The financing round [...]
News/Press Release
ClearMomentum, Inc., a developer of CPM, Corporate Performance Management software and services announced record growth in the month of December for the fourth month in a row. Highlights of major customers adopting the company’s flagship product include 5LINX, Enterprises, Inc., Liberty Partners and Lone Star New Markets…”
Product Update Announcement
The most recent release provides users with the ability to configure reports with unlimited flexibility and is designed to provide deep insight into the most complex organizational structures. New drag and drop report writing…
This article suggests that the time tested Altman Z-score, originally designed to predict corporate default represents considerable value when used as a corporate performance metric if measured continuously as opposed to one moment in time. Indeed, one could reason that if the measure has merit as a predictor of default, then it only make sense to manage the underlying drivers in order to optimize the ongoing viability of the firm. Used in this manner, this article argues that the Z-score should be considered more often in the corporate performance management setting. In addition, the article highlights the significance of the measure when crafting loan covenants to compliment other measures that are perhaps shorter term in nature. A generic framework is provided that illustrates the relationship of underlying drivers that contribute to the score, representing at least one approach to managing firm viability as a component of corporate strategy.
