Sunday 23 November 2014

CAMMS Announces Next Step in Enterprise Budgeting and Financial Planning

CAMMS to unveil upgraded Budget Management Software with tablet compatibility in December


Corporate Performance Management and Business Intelligence solution provider, CAMMS is set to release its upgraded Budget Management Centre (BMC) in December 2014.


While BMC already supports the development, monitoring and review of budgets, financial plans and forecasts, the latest upgrade, BMC V2, will revolutionize the way organizations develop and monitor budgets. CAMMS focuses on greater accessibility; thereby the latest design is a tablet compatible application.


“We believe that the only way to empower organizations is to deliver intelligent performance. This is why BMC V2 is the next step in Enterprise Budgeting and Long Term Financial Planning”, says Aaron Mullins, Manager – Strategic Projects.


In the face on stringent reform, greater challenges and changing stakeholder expectations, the current focus on planning, reporting and measurement needs to be expanded to incorporate a more strategic approach.


Mullins adds, “Most organizations talk about aligning their budgeting and financial planning with strategic or business planning, but few systems actually support this. BMC V2 draws together strategic initiatives, risk mitigation expenditure as well as the traditional capital and operational expenditures to ensure resource allocation supports strategy execution and strategic risk management.”


Unlike many solutions which focus primarily on measuring performance, CAMMS BMC empowers an organization by incorporating the key management functions such as financial planning and budget management in a coherent and integrated fashion.


ABOUT CAMMS

CAMMS was founded in Australia in 1996 as a management consultancy, and has since grown to 150+ clients globally across a number of industries including public sector, health, financial services, education and utilities. The company designs and develops its own software in its Australian Headquarters and from its Global Service Delivery Centre in Sri Lanka, offering clients’ on-premise, on-demand (cloud) and mobile solutions. CAMMS has offices in five countries including Australia, Canada, New Zealand, Sri Lanka and the United Kingdom. For more information go to:www.cammsgroup.com

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