Bloor Research Pronounces That ``Comshare has Stolen a March On the Market Place''
biz.yahoo.com
ANN ARBOR, Mich.--(BUSINESS WIRE)--March 28, 2001--Comshare® Inc. (Nasdaq:CSRE - news) announced today that Bloor Research, Europe's leading IT research and publishing organization, has published a new report on Comshare MPC(TM).
The report, ``Management Planning and Control from Comshare,'' reviews the product in depth and strongly supports Comshare MPC as a premier financial analytic application because of its comprehensive handling of multiple processes in one system, intuitive design for easy use, and open architecture to allow the product to work on mainstream relational and OLAP databases plus ERP, CRM and business intelligence (BI) systems.
Bloor Research's report gives details about the high value Comshare MPC adds in an organization's management planning and control process, which comprises planning, budgeting, forecasting, financial consolidation, management reporting and analysis. The report can be obtained through Comshare's Website at www.comshare.com/bloor.
``As far as we know Comshare MPC is the first product to unite all the aspects of financial planning, management and reporting into a single solution,'' says Philip Howard, senior analyst at Bloor Research and author of the report. ``It is perhaps easiest to think of MPC as being the financial equivalent of ERP. That is, it takes all the relevant aspects of management and control and unites them into a single environment, where each can interact with each other to the extent that is necessary... MPC (is not horrendously complex as ERP systems have been), partly because of the way that it has been implemented and also due to the fact that there are only four or five (counting Decision) modules to be integrated, as opposed to 60 or more.''
MPC Spells Market Leadership
``With MPC, Comshare has stolen a march on the market place,'' Howard asserts in his report. ``Nobody else can yet offer such a comprehensive solution with this degree of integration. This is probably because the company's historical emphasis has been on analysis and reporting rather than on, say, General Ledger systems. This has enabled it to build an infrastructure to support this level of integration much more easily. In addition, it has successfully hidden this infrastructure from the financial user so that he or she can get information about their business without having to worry about the technical details that are under the covers. This combination should prove a winning one and Comshare MPC should continue to lead the market for some time to come.''
Bloor Research's report argues that what corporate management wants in analytic applications is not met by much of what the market provides. Most of products available today link together distinct and sometimes architecturally different modules, or they aggregate data from multiple spreadsheets delivered over the Web. These kinds of products miss the mark. Company leaders increasingly want highly scalable analytic software solutions that provide users with powerful built-in intelligence, enterprisewide functionality and rich capabilities to handle any financial and performance management analytics. Comshare MPC fills that gap between management's wants and the market's offerings.
``Bloor Research has validated our position as an innovator in integrating disparate financial management systems into one cohesive management system. This is an absolute requirement to allow management teams to drive strategies throughout organizations and ensure success,'' said Comshare CEO and President Dennis Ganster. ``Our focus on providing market-leading financial analytic applications has been the key to building Comshare's success and outperforming the industry, with our compound annual growth rate of 30%. Philip Howard accurately conveys Comshare's uniqueness, and his report is a superb endorsement of our product's strength and value proposition.''
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