SOURCE: Cartesis Inc.

March 05, 2007 09:00 ET

Cartesis Customers Reveal "Keys to Fast ROI"

Practical Examples Provide Insight How to Achieve Better Budgeting, Reporting and Benchmarking

NORWALK, CT -- (MARKET WIRE) -- March 5, 2007 -- Cartesis, the world's leading specialist in finance and performance management software, today announced the company, joined by key customers and EDGAR Online, will host a six-city roadshow this month, entitled "Better Budgeting, Reporting and Benchmarking: The Keys to Fast ROI," during which participants will share market perspective, best practices and end-user insight.

Seminar attendees will learn how to achieve ROI from finance and performance management applications. Through practical examples, customers will reveal how to achieve a faster close through faster financial consolidation and improved intercompany eliminations, improve budgeting, planning and rolling forecasting processes for greater accuracy, and increase alignment through integrated finance and performance management. Seminar speakers will share how to improve company performance by benchmarking industry competitors and peers alongside company financials and to better reflect market realities across all planning activities.

"We want attendees to understand how to achieve a successfully integrated, fully optimized, finance and performance management solution that will support enterprise-wide success for compliance, trust, alignment, visibility and better business decisions," says Trevor Walker, vice president of marketing, Cartesis. "It's about walking away with a practical game plan to achieve a faster close, better budgeting, planning and analytics that will result in improved financial and operational performance in and beyond the CFO's office."

Customer presentations / case studies highlighted on the tour will include:

-- IXIS Asset Management - A leading investment management holding company, IXIS will share how it achieved ROI by implementing an integrated approach to performance management through aligning corporate plans with those of its subsidiaries, integrating this with their finance management processes to reduce cycle times and errors, and improving data consistency and accuracy.

-- Cargill - An international provider of food, agricultural and risk management products and services, will focus on how it has improved global consolidation with integrated financial management and enhanced business reporting.

-- Royal Bank of Canada Financial Group - A leader in the Canadian financial services sector, RBC will reveal how it has shortened planning and reporting cycles with integrated forecasting and planning.

-- Scotiabank, International Banking Finance - One of North America's leading financial institutions and Canada's most international bank, will share how it has been able to maintain optimal business performance through significant customer growth, without increased company support.

Presenting at all events will be Cartesis partner EDGAR Online, who will explain how interactive data is critical for financial analysis, competitive and peer benchmarking. Attendees will learn how interactive data can add ROI value to a company's performance management solution by providing direct reconciliation alongside company history and actuals, mapping market-based drivers to planning and forecasting and providing a foundation for M&A simulation and analysis.

Seminar details and a live link to register are as follows:

March 6, 2007     Atlanta, GA
March 7, 2007     San Francisco, CA
March 8, 2007     Houston, TX
March 13, 2007    Chicago, IL
March 14, 2007    New York, NY
March 20, 2007    Toronto, Ontario - Canada
At the conclusion of the presentation attendees will receive a free trial version of Microsoft Office Professional 2007 and have the opportunity for one-on-one Q&As with customer speakers to explore challenges specific to their company.

About Cartesis

Cartesis is the world's leading specialist in finance and performance management software with more than 1,300 corporate customers, 600 employees and 200 consultants worldwide. Created in 1990, Cartesis provides insight, control and confidence by unifying information, people and processes at demanding multinationals like Air France KLM, Cargill, Danone, Diageo, Nissan, Société Générale and Standard Life. One in four of Fortune Global 100 companies rely on Cartesis' deep financial expertise and standard-based technology for compliance, financial consolidation, management reporting, planning, budgeting, forecasting, intercompany reconciliation; all unified in a single data-model that can be leveraged by internal and external users. Cartesis' partners include Accenture, Bearing Point, Ernst & Young, KPMG, Microsoft, and PricewaterhouseCoopers. Cartesis has customers in 44 different countries and offices in Brussels, Frankfurt, London, Norwalk (CT), Paris, Tokyo, Toronto and Utrecht. For more information, go to

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