Centage Corporation Wins Gold at 7th Annual Golden Bridge Awards For Innovation in Business Process Management

NATICK, Mass., Nov. 30, 2015 (GLOBE NEWSWIRE) -- Centage™ Corporation, a leading provider of budgeting and forecasting software (Budget Maestro™) for small and medium sized businesses won Gold at the Annual 2015 Golden Bridge Awards® in the category of Innovation in Business Process Management for Analytics Maestro, a powerful financial analytics tool to fuel strategic decision making. Centage also took home Silver in the Best Deployment category based on the successful customer case study with Budget Maestro customer, M3 Midstream, LLC. The coveted annual Golden Bridge Awards program encompasses the world's best in organizational performance, products and services, innovations, executives and management teams, among others, from every major industry. More than 40 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2015 Golden Bridge Business Awards winners.

Innovation in Business Process Management – GOLD Winner

Analytics Maestro™ for Microsoft Dynamics® GP integrates directly with Microsoft Dynamics GP to give accounting and other financial professionals simple, seamless, self-serve reports from their GL and sales order processing data without IT involvement. The dynamic tool gives accountants the power and flexibility they need to build engaging reports and real-time dashboards to deliver more accurate insight decision makers need to confidently monitor their companies' performance on a proactive basis.

Best Deployment – SILVER Winner

M3 Midstream, an independent midstream energy company, relied on archaic spreadsheets to manage their budgeting and forecasting processes. This approach was a manual process which was too inefficient and error prone. The company's business model and revenue stream depended on them providing a turn-key natural gas production facility, so being able to accurately forecast the resulting demand for cash over an 18-24 month pre-production cycle was paramount to the company's success. With detailed cash forecasting capabilities, Budget Maestro from Centage Corporation was the only solution to meet M3's needs. By leveraging user defined drivers to create and revise the budget and forecasts automatically as adjustments were made, the team at M3 was able to develop their annual budget 50% times faster than using spreadsheets. Read more HERE.

"We are pleased to be recognized as a leader in innovation for business process management," said Barry Clapp, President & CEO of Centage. "We continue to enhance our Maestro suite of products to help today's financial professionals spearhead strategic planning and analysis with tools that allow for better productivity, accuracy, and intelligence into the financial health of their organizations. It is an honor to be recognized for our commitment to this effort and our customers' success. We also congratulate M3 Midstream for being recognized as an innovator in their field and the exceptional results of their strategic approach to financial planning."

For more information follow us on Twitter @Centage or visit our blog http://centage.com/Blog/.

About the Golden Bridge Awards

Golden Bridge Awards are an annual industry and peers recognition program honoring Best Companies of all types and sizes and the people behind them in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, Best Products and Services, Innovations, Management and Professionals, Women in Business and the Professions, International Business, Corporate Communications, PR and Marketing, Product Management, Customer Service, Support, Human Resources, Information Technology, and Company Milestones. Learn more about the outstanding performances in the workplace recognized by Golden Bridge Awards worldwide at www.goldenbridgeawards.com.

About Centage

Budget Maestro® by Centage is an easy-to-use, scalable, automated budgeting, planning, and forecasting application. It is designed for small to mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built in financial and business logic that allow users to build and update their budgets and forecasts and never worry about formulas, functions, links or any custom programming. It is the only solution in the market that offers synchronized P &L, Balance Sheet, and Cash Flow reporting that generate automatically and seamlessly update. Budget Maestro serves more than 7,000 users worldwide. Visit us at www.centage.com. For more information follow us on Twitter @Centage or visit our blog http://blog.centage.com/ for the latest insights on budgeting and forecasting strategies.

CONTACT: Sarah Murray Attune Communications +1 781 378 2674 sarah@attunecommunications.com

Source: Centage