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Compuware Changepoint to Address Evolving Challenges, New Imperatives at Proformative's CFO Dimensions 2013 in NYC

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DETROIT, Aug. 15, 2013 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR), the technology performance company, today announced its Gold sponsorship of Proformative's CFO Dimensions 2013: Strategic Leadership in Finance: The Next Step, the premier conference for chief financial officers and senior corporate finance executives. Addressing the evolving leadership role of the CFO, the conference—scheduled for August 22, 2013 at the New York Marriott Marquis—will feature speakers ranging from top public and private company finance leaders to renowned subject matter experts.

"The office of the CFO continues to evolve with greater responsibility and complexity and Compuware Changepoint has been at the forefront of that change, enabling greater operational visibility and control for over two decades," said John Kogan, co-founder and CEO of Proformative. "We're excited to have them join us for CFO Dimensions both as a world-class company and thought leader in the finance industry."

Compuware Changepoint customer, Ken Judd, CFO of Keste, a software solutions and development company, will deliver a case study presentation during the event starting at 1:30 pm in the Broadhurst Room on August 22nd. Entitled "Keys to Success of Financial Leadership in Driving Revenue Growth," Judd's presentation will detail how Keste more than tripled its revenues with the implementation of professional services automation software and positioned the company firmly for future growth. Attendees at the session will learn:

  • Why CFOs are now at the epicenter of decision-making when it comes to purchasing software critical to driving revenue.
  • Why shorter order-to-cash cycles, tight financial management of projects and portfolios, and real-time financial visibility are critical to business health.
  • Why a move away from spreadsheet-based management to professional services automation can result in dramatic revenue growth.

Ken Judd is responsible for all financial aspects of Keste's business, helping to spearhead a tripling of revenue growth and personnel since joining the company in 2008. Prior to joining Keste, Mr. Judd served in senior financial positions for several successful technology companies, including FileTek and SkyBitz. Additionally, while working in the financial industry, he completed financing for the acquisition of more than $200 million of portfolio assets.

Judd and Compuware Changepoint will join other leading corporate finance leaders and subject matter experts scheduled to present in four conference tracks: Leadership; Governance, Risk and Compliance; Technology; and Operational Effectiveness.

"We're excited to join as a Gold Sponsor and be part of the conversation of the nation's largest gathering of CFOs and corporate finance leaders," said Lori Ellsworth, SVP and GM of Compuware Changepoint. "As technology continues to be more integrated with overall corporate strategy, the influence of the CFO has continued to expand, along with the need for new tools to intelligently manage the enterprise. We're looking forward to the opportunity to share our perspectives and experience with such an esteemed group."

About Compuware Changepoint

Compuware Changepoint enables growth and improved efficiency for technology services organizations. Our powerful solution marries PSA, PPM and powerful business analytics giving services teams total operational visibility and control over the services portfolio. Services organizations can manage every aspect of their business with Changepoint from customer acquisition, to services delivery, through to financial control and visibility. Changepoint allows services teams to achieve strong margins, manage projects and resources with greater efficiency, deliver a competitive product and services mix, and maintain top-line revenues and bottom-line profitability. Flexible and easy to use, Changepoint is built for today's modern workforce, accessible from tablets and smart phones, and available as a SaaS or On-Premise Delivery Model. Visit us http://www.compuware.com/changepoint or tune into our blog at http://www.changepoint-blog.net.

About Compuware Corporation

Compuware Corporation, the technology performance company, makes technology make a difference by providing software, experts and best practices to ensure technology works well and delivers value. Compuware solutions make the world's most important technologies perform at their best for leading organizations worldwide, including 46 of the top 50 Fortune 500 companies and 12 of the top 20 most visited U.S. web sites. Learn more at: http://www.compuware.com.

About Proformative

The largest and fastest-growing online community and resource for the office of the CFO, Proformative is the pioneer in Enterprise Social Procurement™, a peer-driven community model enabling corporate finance professionals to make smarter, more informed purchasing decisions for complex enterprise products and services. Based in Silicon Valley, CA, Proformative reaches more than 600,000 corporate finance and related executives at companies ranging from start-ups to the Fortune 500 and is comprised of more than 35,000 community members.

Enterprise Social ProcurementTM is a trademark of Proformative.

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CONTACT: Press Contacts COMPUWARE CHANGEPOINT CONTACT: Heidi Riffert Compuware Changepoint heidi.riffert@compuware.com 905-886-7000 x 4308 PROFORMATIVE CONTACT: Renee Maler Philosophy PR + Marketing 925.968.9495 renee@philosophypr.com For Sales and Marketing Information Compuware Corporation, One Campus Martius, Detroit, MI 48226, 800-521-9353, http://www.compuware.com

Source:Compuware