Carpio's GesFin TM CPM Suite 5.0 Now Available
Raleigh, NC – 11/10/2009
Carpio, a global provider of performance management solutions, announced the General Availability of Version 5.0 of its GesFinTM Comprehensive Performance Management Suite, including specialized versions optimized for both the MicroStrategy and Microsoft BI Reporting platforms. Carpio enables financial and operational performance transformation for organizations through its award winning product, the GesFin Comprehensive Performance Management (CPM) Suite.
"Our GesFinTM 5.0 release is squarely focused on helping the Finance team by providing an even easier to use and maintain CPM application that is packed with powerful features, provides complete transparency, and enables rapid adaptability in support of both financial and operational planning needs," explained Marco Fregenal, founder and chief executive officer of Carpio. "We have again assessed the state of the CPM software market and listened to both our customers and leading market analysts about what helps organizations drives better performance. We have also made our software easier to afford for both large enterprises and mid-market organizations including flexible new licensing models and incentive programs."
"We use GesFin v5 to conduct matrix budgeting for revenue, expenses, unit costs, production costs, capital expenditures, and most recently workforce planning. The new features in GesFin v5 allow us to plan and allocate workforce costs down to the individual employee level for all 12,000 employees," states Judith Piza, Strategic Planning Manager for DASA. "Our GesFin planning database now has 50 million records that are automatically consolidated by GesFin in real-time and available on line for queries and reports immediately. GesFin v5 has significantly reduced our budget cycle time and now insures an accurate consolidation process."
GesFin 5.0 highlights the following new features and benefits:
- Out of the box planning model templates that can be easily modified to support common scenarios such as Workforce and Capital Expense planning
- Excel based ad-hoc report generation tool
- Enhanced input form design features including support for lists & drop downs
- Enhanced workflow features including support for attaching documents and other files
- User ability to copy/paste data between forms, scenarios, entities, and models
- User ability to link/share data and information between separate planning models
- Support for more complex financial formulas and model aggregation methods
- More out of the box spreading and allocation features within user input forms
- Ability to import/export planning models and related information
- Impact assessment features to report links between models, account members, formulas, and forms
- Ability to export all data to separate statistics database for advanced analytics and reporting
- Faster calculation performance and response times for complex models and formulas
- Support for MicroStrategy 9.0
About Carpio
Carpio is a global provider of comprehensive performance management (CPM) solutions headquartered in Raleigh, NC. Carpio enables financial and operational performance transformation for organizations through its award winning product, the GesFinTM Comprehensive Performance Management (CPM) Suite. GesFin is a web and excel based solution for strategic planning, budgeting, forecasting, workflow, reporting, financial modeling, scenario planning, profitability analysis, KPI monitoring, and consolidation. Carpio has global delivery operations and resources in the USA, Brazil, Mexico, and Panama. For more information, please visit www.carpio.com.
