BPM Partners BudgetLock Plus Eliminates Budget Overruns and Business Performance Management Project Surprises
Stamford, CT—January 13, 2010—BPM Partners, the leading independent authority on Business Performance Management (BPM), today announced a new service, BudgetLock PlusTM, which guarantees the successful implementation of a BPM project within a targeted budget range. The final cost of performance management deployments typically includes best practice guidance, tools, methods, implementation consulting, and the core technology.
"We welcome BPM Partners' new service," said Greg Schneider, Vice President of Marketing at Adaptive Planning. "As a company that was founded to provide a low cost, rapidly-deployable alternative to high-cost business performance management software, we can attest to the enormous demand for more affordable solutions. We look forward to working with BPM Partners and their clients going forward."
“Many midsize organizations have the same EPM requirements as larger organizations but with fewer resources to address them,” said John O’Rourke, VP of Product Marketing at Oracle. “Oracle Accelerate for Midsize Companies provides a framework for midsize and other cost conscious organizations to deploy Oracle EPM solutions faster and at a lower cost. Oracle Accelerate solutions include affordable bundles of Oracle’s industry-specific applications implemented by Oracle Consulting or Certified Partners using proven methodologies and rapid implementation tools. The results are faster time to value, low and predictable costs, and a better fit for the business.”
“SAP has long recognized the needs of cost-conscious consumers, particularly in recent economic climates, and has aggressively developed packages and products to address their needs head-on,” said Stephanie Buscemi, vice president of Marketing, Enterprise Performance Management and Governance, Risk, and Compliance, SAP AG. “Best-Run Now packages for performance management processes have been in the market since late 2008, and have been rapidly adopted by our customers. Additionally, the SAP® BusinessObjects™ Edge series offers packaged and priced solutions for planning, budgeting and forecasting, financial consolidation, and strategy management, and are designed to support both divisional deployments in large enterprises and the needs of the midmarket.”
“BPM Partners BudgetLock Plus is an excellent approach to effectively keeping company’s performance management initiatives on track. It also makes performance management solutions available to companies who may otherwise put these projects on hold. Tagetik is uniquely positioned to participate in this program because our open technology architecture allows companies to leverage their existing infrastructure investments, reduce their maintenance and administration costs, and virtually guarantees customer’s projects will be more cost effective. This program is directly in line with Tagetik 3.0’s ability to lower the total cost of ownership for these types of applications.”
