Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced that it received the highest product rating among pure cloud-based planning vendors and was named a ‘Hot Vendor’ in Ventana Research’s latest report “Value Index: Business Planning in 2015.”
The company was recognized for Host Analytics Planning, which helps customers dramatically reduce planning cycle times, increase forecast accuracy, plan more dynamically, and eliminate error-prone manual processes like reconciling disparate spreadsheets. By leveraging all the benefits of a cloud-based solution, customers are able to achieve faster time-to-value and reduce dependency on IT with Finance ownership and autonomy.
The Ventana Research Value Index is an analytic representation of the firm’s assessment of how well vendors’ offerings meet buyers’ requirements for software that enables and supports business planning. The Index evaluated software from 11 vendors in seven key categories. Five are product-related: Usability, Manageability, Reliability, Capability and Adaptability. In addition, the firm considered two customer assurance categories: Vendor Validation and Total Cost of Ownership and Return on Investment (TCO/ROI).
“The use of spreadsheets hampers the effectiveness and efficiency of planning processes because they lack the capabilities of today’s planning applications. Yet, they are attractive as a personal productivity tool as users find it easy to create planning models and design reports,” said Robert Kugel, SVP research director for Ventana Research. “Host Analytics Planning not only eliminates the drudgery of manual budget data collection and consolidates numbers into a single source of truth, but it also provides a spreadsheet front-end for planning that’s easy-to-use and accessible for business to participate.”
“We continue to lead the charge in cloud-based planning applications, most recently adding advanced modeling capabilities,” said Bryan Katis, SVP of product management for Host Analytics. “EPM was always meant to be an enterprise-wide initiative, and robust planning with integrated modeling finally makes it possible for organizations to integrate business and financial planning, and connect disparate operational plans back to the master financial plan.”
Follow @host_analytics on Twitter and suggested Tweet:
Click to Tweet: Host Analytics Receives Highest Vendor Rating in New Ventana Research Report http://ow.ly/SUNvP #cloud #epm via @host_analytics
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research's insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook, LinkedIn and Google+. To learn how Ventana Research advances the maturity of organizations' use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.
About Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for modeling, planning, consolidation, reporting and analytics. World-class companies like NEC, Burlington Coat Factory and Sanmina trust Host Analytics to power their strategic financial systems. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with customers in over 90 countries.
For more information about Host Analytics, please visit www.hostanalytics.com
Become a fan of Host Analytics on Facebook: https://www.facebook.com/HostAnalyticsInc
Follow Host Analytics on LinkedIn http://www.linkedin.com/company/host-analytics-inc.
Follow @host_analytics on Twitter