Budgeting, Planning & Forecasting

Budgeting, Planning & Forecasting

October 14, 2011

Host Analytics and ERP Logic Sign Strategic Partnership

Host Analytics, a provider of Software-as-a-Service (SaaS (News - Alert)) corporate performance management (CPM) solutions, has signed a strategic partnership with ERP Logic, a global enterprise solutions implementation and consulting company, to provide a complete, on-demand CPM solution for SAP (News - Alert) Business ByDesign.

The SaaS CPM solutions from Host Analytics helps finance executives to streamline financial processes such as planning and budgeting, scorecarding and financial consolidation and reporting, driving fact-based decision in quick time.

"This partnership brings midmarket companies best in class integrated ERP and CPM tools at a fraction of the cost," said Alan Fang, COO of ERP Logic, Inc, in a statement.  "We are committed to forging strategic partnerships with companies like Host Analytics that maximize the value our customers realize from their investment in SaaS and SAP Business ByDesign."

"Our customers are invested in SaaS to run and manage their business," said Frank Iannotti, North American ByDesign vice president. "We depend on partners like ERP Logic and proven companies in the cloud ecosystem such as Host Analytics to bring new innovation for the midmarket and enterprise. Host Analytics is a welcome addition to our ByDesign family for analytics, financial management, accounting, budgeting and more."

"There is market demand for packaged cloud applications that integrate with and extend existing technology investments," said Sanjeev Aggarwal, founder of SMB Group. "Increasingly, cloud vendors serving important business functions including ERP and finance are bridging the gap for end user organizations by integrating technologies to bring end-to-end solutions to market, speeding time to value and ROI."

"We are making history with today's announcement of the first-ever SaaS ERP and CPM partnership," said Jon Kondo, CEO at Host Analytics. "This partnership is a significant step towards our mission to bring the promise of CPM to the cloud. For years on-premise CPM and ERP providers have recognized the power of bringing their solutions closer together. This groundbreaking relationship brings that value to the cloud. We are partnering best in class cloud-based ERP with the leading SaaS CPM suite. No other vendor can claim a true end-to-end enterprise-class finance SaaS solution. Our partnership with ERP Logic means more to businesses because it combines the only application set designed for finance in the cloud with the benefits of SaaS delivery and scalability. We are thrilled to partner with ERP Logic to provide insight into finance that will help fast-growth customers make sound, strategic decisions."

Rahul Arora is a TMCnet contributor. He has worked as an editor and freelance writer for several reputed organizations in India. To read more of his articles, please visit his columnist page.

Edited by Carrie Schmelkin


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