“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.

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.

“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.

About 5LINX Enterprises, Inc.: 5LINX is a global organization selling VOIP and technology products throughout the world. 5LINX® was named to the prestigious Inc. 500 list of the fastest growing companies in America for the third year in a row. Implementation of ClearFinancials® will enable 5LINX clear insight into operational performance, seamlessly integrating the corporate budget with management strategy. 5LINX Enterprises represents’ the fourth major customer this year to leverage ClearFinancials® global multi-currency translation functionality.

About Liberty Partners: Liberty Partners is a New York-based private equity investment firm with more than $1 billion under management. Founded in 1992 by former executives of Merrill Lynch Interfunding, Liberty specializes in middle-market private equity investments in manufacturing, business services, and education-related companies.

About Lone Star New Markets: Lone Star New Markets is a progressive investment firm located in Dallas, Texas. The company added ten portfolio companies to their ClearFinancials® subscription in December. Lone Star New Markets marks the second major investment firm in Texas to adopt ClearFinancials® in 2008 as a turnkey portfolio company data management solution.

ClearMomentum provides executive managers and capital providers with a Corporate Performance Management (CPM) solution that integrates financial strategy with business analytics, modeling, budgeting and is rapidly becoming the industry Gold Standard for transparent financial reporting. The solution provides an unmatched user experience delivered SaaS and can be deployed across the enterprise efficiently and cost effectively.”

Click here for the official press release.

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 functionality combined with the ClearFinancials® data model makes complex report writing both efficient and user friendly. This banded report writer allows users to report or query ClearFinancials® data or aggregate data sourced from disparate data sources or operating systems..

“ClearMomentum, Inc., a developer of CPM, Corporate Performance Management software and services announced the release of version 6.0 of the company’s flagship application ClearFinancials®.

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 functionality combined with the ClearFinancials® data model makes complex report writing both efficient and user friendly. This banded report writer allows users to report or query ClearFinancials® data or aggregate data sourced from disparate data sources or operating systems. New features include advanced charting and sub-reporting to facilitate analyst commentary and to support the need to consolidate key management information into one report.

In addition, ClearFinancials® now supports the ability to drop “Public” reports in shared folders to make specific data available to key stakeholders and other user groups for the efficient distribution of critical performance data.

Version 6.0 includes a host of general usability enhancements including drill down visibility from top level financial statements down through to general ledger accounts including those operating with multiple divisions, operating units, profit centers or multiple currencies.

ClearMomentum provides executive managers and capital providers with a Corporate Performance Management (CPM) solution that integrates financial strategy with business analytics, modeling, budgeting and is rapidly becoming the industry Gold Standard for transparent financial reporting. The solution provides an unmatched user experience delivered SaaS and can be deployed across the enterprise efficiently and cost effectively.”

Academics, investors and business professionals throughout the world agree that SaaS inherently provides a host of economic benefits to the customer. However, recent studies show that the vast majority of finance professionals will use a valuation technique that may fail to capture those same benefits. While SaaS providers have enjoyed much success in recent years, this should be a concern for those that compete against traditional license based models for the true value of the SaaS application may go unrecognized.

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News/Press Release

The addition of Rustic Canyon Partners marks the third California capital provider implementation in the past 60 days.

“ClearMomentum, Inc., a developer of CPM, Corporate Performance Management software and services announced a new key customer implementation for Rustic Canyon Partners located in Santa Monica, California. The Addition of Rustic Canyon Partners as a customer is significant in that the company is one of the largest venture capital firms in Southern California and the relationship provides ClearMomentum with a strong presence in Silicon Valley. Typically, portfolio companies of capital providers using ClearFinancials® become full-scale CPM subscribers of ClearMomentum so entry into the California market demonstrates the successful adoption of the product in each of the four major capital markets. The Rustic Canyon implementation marks the third capital provider implementation in California in the past sixty days.

ClearMomentum provides executive managers and capital providers with a ‘Purpose Driven’ CPM solution that integrates financial strategy with business analytics, modeling, budgeting and reporting. The solution provides an unmatched user experience delivered via SaaS and can be deployed across the enterprise efficiently and cost effectively.”

Click here to read the press release (PDF format).

A significant amount of literature favors the notion that a real-options approach to capital budgeting is superior to the conventional discounted cash flow technique when uncertainty is present in the investment opportunity. Unlike traditional licensed-based software, SaaS inherently provides the buyer with the flexibility to change the course of the investment as uncertainty related to the product or service is resolved. In this respect, SaaS changes the game with regard to the economic benefits provided by the product or service. The SaaS model builds management flexibility into the investment decision and that same flexibility may be valuable when uncertainty is present. With that said, the question at hand is whether or not conventional valuation techniques such as DCF can be counted on to make accurate SaaS capital budgeting decisions. And if such methods cannot be counted on, do OPM techniques such as binomial lattices or modified Black Scholes models provide a more accurate picture of their value? The final and perhaps more important question seeks to understand which of the two methods is most likely to be used by finance professionals when making SaaS capital budgeting decisions. This paper will show that a considerable gap exists between those that intend to use conventional DCF models versus more sophisticated OPM techniques when making capital investment decisions that involve SaaS. This gap should be a concern for those that buy or sell products and services delivered via SaaS for the value of flexibility may go unrecognized.

Click Here to Download

It’s time to simplify portfolio company data management.

ClearFinancials™ 4.0 is the emerging CPM best practice for portfolio company performance data management. This cost-effective SaaS application provides on-demand access to vital and dynamic portfolio company performance data, and delivers an unmatched user experience to you and your organization.

The staff at ClearMomentum are poised to assist your company in fully achieving its performance objectives.

Access

Retrieve a comprehensive Portfolio Company performance analysis, On-Demand, any time, from anywhere.

Efficiency

Reliable and consistent data presentation provides hard savings to every participant in the form of process efficiency.

Insight

Empower your organization with an ability to access, understand, and communicate a comprehensive analysis of Portfolio Company performance.

Support

ClearMomentum’s customer-driven objective is to help your company meet its performance goals.

Contact ClearMomentum today for more information.