Acterys was chosen as 2021 ‘Best New Vendor’ by the independent US market analysts BPM Partners.
The award was based on the results of their “Pulse of Performance Management 2021” survey among 450 users of business performance management, planning and consolidation solutions in medium-sized and large businesses around the globe.
Read More: Setting Records, Walmart Continues Moving Toward Becoming a Totally Renewable Business
The Pulse of Performance Management 2021 gives a deep dive into the latest organizational requirements in budgeting, planning, forecasting, consolidation, reporting, and analytics solutions to counter the pandemic’s challenging economic conditions. It presents and compares solutions of key players as well as that of newer vendors in terms of core functionalities such as Market Reputation, Price/Value, Integration, Product Flexibility, along with various market and customer success factors.
Each vendor is analyzed from ratings received directly from participants on a scale of one to five along with an overall rating.
Acterys was chosen as this year’s winner based on Product Flexibility, Streamlined Integration, Low Total Cost Of Ownership, and Quick Implementation.
BPM Partner CEO Craig Schiff announced this year’s results in a webcast broadcast from Stamford, Connecticut this week and shared the latest market trends in the business performance management market.
Among one of the most remarkable trends in the industry, the seamless integration of planning and consolidation with new, widely adopted self-service analytics solutions like Microsoft Power BI was announced. A concept that Acterys has pioneered since 2017.
Read More: SalesTechStar Interview with Mark Magnacca, President and Co-founder at Allego
In his address Craig Schiff elaborated on Acterys’ success:
“Acterys fully leverages Microsoft technologies and provides analytics in conjunction with dynamic planning instantly available in a cloud or on-premise environment. An ideal platform for realizing digital transformation of finance and operational processes and gaining a holistic view and consolidated results across nearly any data source. What’s unique about them is that they offer instantly available data models optimized for analytics and planning on most major accounting and SaaS platforms as well as a bi-directional integration with both Power BI and Excel.”
Although it has been operating in the industry for only a few years, Acterys’s integrated, instant start approach has quickly managed to acquire more than 700 clients around the globe, many of which are stock-exchange listed large enterprises.
Martin Kratky, CEO of Acterys, says:
“The Best New Vendor” award based on actual customer feedback, conducted by reputable industry experts like BPM Partners is a tremendous recognition of the superhuman efforts of our teams around the world and a definitive encouragement that our strategy of providing fair priced solutions that provide instant value is recognized by the market.
Using a virtualized approach to multi-entity consolidation, Acterys eliminates the dependence on traditional extract, transform, and load approaches to data management. Offering smooth out-of-the-box Excel and Power BI integrations with multiple cloud and on-premise systems, Acterys leverages dynamic reporting and dashboard capabilities with pre-built templates to fully address dynamic planning needs.
Read More: Remote Work Doesn’t Mean The Risk Is Remote