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XLerant Rated Highest Among 15 BPM Vendors for Budgeting & Planning Functionality in the 2019 Pulse of Performance Management Survey

The Associated Press

STAMFORD, Conn.--(BUSINESS WIRE)--Jun 13, 2019--

XLerant, provider of the leading cloud-based budgeting, forecasting and management reporting software BudgetPak, is pleased to announce that their purpose-built solution received the highest scores among all vendors for Budgeting & Planning Functionality, Overall Satisfaction, Customer Support and Ease of Use in the BPM Partners Pulse of Performance Management 2019 survey.

Published by BPM Partners, the BPM Pulse Survey provides an unbiased and up to date overview of the world of business performance management. The survey results come directly from each vendor’s “users” or customer base. A replay of the survey results webcast, presented by Craig Schiff, CEO of BPM Partners, can be viewed here. XLerant, the only vendor to receive perfect (5 of 5) scores in the survey, was honored with three perfect scores for Overall Satisfaction, Customer Support, and Ease of Use. This is the fourth year in a row that BudgetPak received the highest scores for Ease of Use in the BPM Pulse Survey; the solution was also top-ranked in Financial Self Sufficiency and Ease of Integration.

In addition to evaluating software performance, the survey assesses new and evolving industry trends and customer priorities for BPM software solutions. The majority of the 360 respondents to the 2019 BPM Pulse Survey (62%) represented mid-sized or mid-market businesses – and budgeting and forecasting was the most-sought BPM solution. Ease of use continues to top the list of features finance teams want in budgeting and forecasting software -- and the majority of survey respondents (68%) are looking outside of their ERP for a best of breed solution. Features supporting collaboration (such as shared documentation or the ability to capture notes or commentary) as well as a guided workflow were also ranked high as finance teams seek to engage department heads in the budgeting process.

“XLerant is dedicated to supporting finance teams and engaging department heads in decentralized budgeting environments,” explains Craig Schiff, CEO of BPM Partners. “They were the first solution provider to offer a guided user interface approach to simplify the budgeting and forecasting process for all users.The result is an easy to use, cost effective solution and – as evidenced by their scores – customers clearly appreciate it.”

For more information about Ease of Use, Guided Workflow and other relevant criteria for evaluating budgeting software, download our Budgeting Brief with a checklist of questions to ask during your software vetting process.

About BPM Partners

BPM Partners is the leading independent authority on business performance management (BPM) and related business intelligence solutions. The company helps organizations address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts who can guide companies through their BPM initiatives from start to finish while both reducing risk and minimizing costs. For more, visit https://www.bpmpartners.com/. Follow @BPMTeam on Twitter.

About XLerant

XLerant provides cloud-based budgeting, forecasting and reporting solutions designed with easy to use interfaces that make a complex process accessible for finance teams and budget managers alike. XLerant’s software-as-a-service (SaaS) solutions serve mid-size enterprises who value collaborative environments as an effective way to engage employees and achieve their strategic objectives. The company’s premier product, BudgetPak, has been recognized for outstanding usability, quick implementation and exceptional support. XLerant is a wholly owned subsidiary of Jonas Software USA, LLC. For more information visit http://www.XLerant.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20190613005162/en/

CONTACT: Media Contact:

Kristine Nash-Wong

734-780-7001

knash-wong@xlerant.com

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: EDUCATION UNIVERSITY TECHNOLOGY SOFTWARE OTHER TECHNOLOGY TRANSPORT HEALTH TRUCKING SMALL BUSINESS PROFESSIONAL SERVICES ACCOUNTING FINANCE HUMAN RESOURCES INSURANCE GENERAL HEALTH

SOURCE: XLerant

Copyright Business Wire 2019.

PUB: 06/13/2019 06:00 AM/DISC: 06/13/2019 06:01 AM

http://www.businesswire.com/news/home/20190613005162/en