“Our customers and their customers can benefit greatly by applying ClearFinancials® in the analysis and problem-solving phase of an engagement. We integrate with virtually any general ledger system available and make it very easy to get started,” said Ken Kaisen, CEO of ClearMomentum. “On an ongoing basis, the customers that choose to make ClearFinancials® a part of their reporting, analysis, budgeting and planning processes will enjoy greater efficiency and insight and a rapid return-on-investment.”

Capabilities of the ClearFinancials® Advisory Markets Edition include the following:

4vco  hosts its annual PESS Showcase where they bring together the industry’s major private equity vendors to demonstrate and discuss their products and services.  Delegates from over 60 European Private Equity firms can meet the vendors and view their products at the booths in the main hall and can attend a number of presentations during the day in the presentation suites.  It is also a great opportunity to network with peers and share experiences in a relaxed yet informative environment.

See www.4vco.com/events/pess-2010.html

ClearFinancials® empowers senior management with a fully integrated Budgeting, Analysis and Reporting software application that provides a comprehensive framework for on-going assessment of corporate financial performance. In support of a holistic, closed loop methodology of continual performance improvement, ClearFinancials® compliments legacy business systems and provides an affordable solution from which to develop, deploy and maintain your company’s strategic financial objectives.

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In recent years, academics and management consultants have argued the merit of the strategic management plan that is based upon the intelligent use of company performance data. New technologies have evolved to support the growing need for data that supports intelligent management decision making. Corporate performance management systems clearly provide a distinct competitive advantage to those with the ability to execute strategy based upon the data. However, while vigorous data analysis and reporting makes sense, the effort may be fruitless if causal factors and metrics to measure those same factors are not linked to corporate strategy. If the goal is to increase economic value, management energy must be purposefully directed toward activities that exhibit the greatest potential to influence the outcome of economic value in a positive way.

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Objective – Automate the monthly financial consolidation process across a diverse, multinational organization.

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ClearFinancials® empowers senior management with a fully integrated Budgeting, Analysis and Reporting software application that provides a comprehensive framework for on-going assessment of corporate financial performance. In support of a holistic, closed loop methodology of continual performance improvement, ClearFinancials® compliments legacy business systems and provides an affordable solution from which to develop, deploy and maintain your company’s strategic financial objectives.

Click Here to Download

ClearMomentum provides corporate managers and capital providers with a practical business intelligence solution that turns data into actionable knowledge by combining financial strategy with business analytics, modeling, budgeting, and dashboards / scorecards. The company’s ClearFinancials® Software-as-a-Service (SaaS) solution provides unmatched functionality, speed and usability. New features have recently been added and a major new release, ClearFinancials® 2010 is now available. See www.clearmomentum.com for more information.

“Five years ago, ClearMomentum’s founders had a vision to make comprehensive corporate performance management, analytics, and reporting easier and less expensive. With this release, we have accomplished that goal and gone well beyond. Our products provide unmatched efficiency and insight to our growing family of worldwide customers”, said Ken Kaisen, CEO at ClearMomentum.

Today, ClearMomentum is announcing:

• ClearFinancials® 2010
• Powerful new features and options

ClearFinancials® 2010

With this important release, ClearMomentum introduces a new platform, an enhanced user interface, and significant new features.

The new platform enables tailored ‘editions’ that support key market segments, with features and options catering to specific needs in the Corporate, Private Equity, Advisory Services, and Commercial Lending markets. As part of the new ClearFinancials® 2010 platform, a revamped user interface provides even greater consistency with UI standard from Microsoft Office, Excel, and Windows 7. Also included in ClearFinancials® 2010 are many significant new features that keep ClearMomentum the clear leader in practical business intelligence.

Among the many new features are:

• Report previews that make it easy to preview, adjust, and save any report.
• eFORMs, which allow the ClearFinancials® 2010 user to turn standard reporting output into a “live”, editable PDF format.
• Administration module enhancements for improved end-user management, entity management, and configuration.
• Acquisition modeling improvements with new scenarios, making it even easier to do “what-if” analysis and budgets.

“We will realize significant productivity gains in our finance department and be able to share and act on financial data and operational metrics quicker and more effectively throughout the entire organization. Our projected return on its investment for ClearFinancials® is less than 12 months”

Since 1850 Palmer Foods has been serving customers and clients in Rochester and Western New York, distributing fresh seafood, meat, poultry and groceries to the finest dining establishments in the area.  “We are very thankful to be the oldest family owned and operated business in Rochester. We are also thrilled to be doing business with this exciting new company in our area. We believe the ClearMomentum team and their product will clearly be able to help us run our business better and more efficiently,” said Kip Palmer, President, Palmer Food Services.

Palmer Foods will be leveraging ClearFinancials® to tap into their existing IT systems and provide sophisticated and more timely analytics and reporting. “We will realize significant productivity gains in our finance department and be able to share and act on financial data and operational metrics quicker and more effectively throughout the entire organization. Our projected return on its investment for ClearFinancials® is less than 12 months,” said Jack Whittier, CFO, Palmer Food Services.