SOURCE: Host Analytics

Host Analytics

May 07, 2013 10:00 ET

True Religion Apparel, Inc. Embraces Cloud-Based Enterprise Performance Management With Host Analytics

True Religion Chooses Host Analytics Over Other Options Based on Functionality, Ease of Use, and Overall Total Cost of Ownership

REDWOOD CITY, CA--(Marketwired - May 7, 2013) - Host Analytics, the leader in cloud-based enterprise performance management (EPM), announced today that True Religion Apparel, Inc., a growing, design-based jeans and jeans-related sportswear brand, chose the company's cloud EPM Suite to streamline True Religion Apparel's financial processes. Having evaluated several solutions, True Religion Apparel ultimately chose Host Analytics over other options to replace existing Excel spreadsheets and significantly improve the efficiency and effectiveness of its processes related to planning, consolidations, and reporting.

True Religion Apparel has grown into a leading premium fashion retailer with a growing international presence, creating increasing complexity for the company's finance organization in the areas of consolidations and budgeting. After evaluating multiple alternatives, True Religion Apparel chose Host Analytics cloud EPM Suite because it met all of their functional requirements for planning, consolidation, and reporting while requiring minimal IT support for deployment and ongoing maintenance.

"We wanted to modernize and streamline our budgeting and consolidations processes quickly," said Michael Koffler, Director of Financial Planning & Analysis at True Religion Apparel. "Host Analytics provides a scalable, cost-effective solution that addresses our specific needs."

"Rapid deployment and long-term EPM success depend on a close partnership between Host Analytics and customers like True Religion Apparel," said Alison Holmlund, vice president of Customers for Life at Host Analytics. "We love to help our customers' Finance teams become strategic business partners to their organizations while leaving legacy on-premises solutions behind."

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About Host Analytics
Host Analytics is the leader in cloud-based financial applications for planning, close management, reporting, and analytics. Host Analytics Enterprise Performance Management (EPM) customers benefit from improved business agility, lower total cost of ownership, faster time to value, increased security, and a faster pace of innovation compared to traditional on-premises alternatives. World-class companies like NEC, Burlington Coat Factory, and Crocs trust Host Analytics to power their strategic financial processes. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with offices around the globe.

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