SOURCE: Cartesis Inc.

January 16, 2007 09:00 ET

New Cartesis Channel Program Offers Partners Aggressive Discounts

Channel Program to Sustain Cartesis U.S. Expansion by Enticing Partners With Unmatched Incentives

NORWALK, CT -- (MARKET WIRE) -- January 16, 2007 -- Cartesis, the world's leading specialist in finance and performance management software, today announced the launch of a partner program aimed at expanding the reach of its highly respected Cartesis 10 performance management suite. This new and enticing channel program will enable partners to provide robust, complete performance management solutions in clearly defined vertical or regional markets. Cartesis also provides partners with access to best practice implementation methodology and unparalleled competitive discounts of up to 60 percent.

"The BPM market is growing rapidly and enlisting partners is an excellent way to maintain the momentum we've established in the U.S. thus far," says Crispin Read, CMO, Cartesis. "By combining Cartesis solutions with their specific domain expertise and market reach, our VARs will enable significantly more companies to enjoy the benefits of the world's most powerful performance management solution. We expect to sign a dozen partners in the first six months."

The Cartesis channel partner program is open to all types of value added resellers (VARs) with experience selling to CFOs and financial executives. Customized to meet the needs of each partner based on location and market, the Cartesis partner program is built with flexibility in mind.

Unlike competing VAR programs, the Cartesis channel program offers partners more than a box of technology tools. Partners will enjoy elastic term contracts and the ability to extend existing product sets or offer the full Cartesis performance management suite. The Cartesis 10 suite includes management reporting; financial and statutory consolidation; planning, budgeting and forecasting; OLAP data analysis; dash boarding and intercompany applications.

"Channel partnerships are an important way for software companies to deliver lasting benefits to their clients," says Robert Kugel, Senior Vice President of Ventana Research. "By adding a partner channel, Cartesis is broadening the range of companies that will be able to take advantage of its solutions for financial and performance management. Cartesis also has taken the right steps to structure a mutually beneficial partnership program which is critical to its customers' success."

Cartesis partner benefits include:

--  Total of 60% discount (55% off list prices and 5% in a co-marketing
--  Discounted training and extranet knowledgebase
--  Co-marketing and publicity opportunities
--  Dedicated support from the Cartesis partner team to ensure success
This new channel program adds to an already successful consulting partner program at Cartesis. Since its inception, Cartesis has worked closely with accounting firms and solution integrators, like Accenture, Bearing Point, Ernst & Young and PricewaterhouseCoopers, to offer the most appropriate technologies in large consulting projects. Never before has Cartesis offered partners the ability to resell its technology directly.

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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