Cartesis Inks Global Agreement with Parson Consulting; Partnership to Target Financial Services Firms with Best Practice Software Solutions.NORWALK, Conn. -- Cartesis, the largest business performance management (BPM) software specialist in the world, today announced a global agreement with Parson PARSON, eccl. law. One who has full possession of all the rights of a parochial church. 2. He is so called because by his person the church, which is an invisible body, is represented: in England he is himself a body corporate it order to protect and defend the Consulting, a financial management consultancy, to provide best practice software solutions to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms. "We've recently reengaged with Cartesis after a few previous joint successes," says Sridhar Kadaba, Global Lead Financial Services of Parson Consulting. "The relationship moving forward will focus on uncovering opportunities in the financial services industry, where we have joint customers and shared expertise." Parson Consulting is a trusted advisor to senior financial executives across all industries on the topics of corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and enterprise risk management, accounting and finance operations The execution of the joint finance mission to provide financial advice and guidance, support of the procurement process, providing pay support, and providing disbursing support.See also financial management. , strategic finance and corporate transactions (M&A, divestitures, etc). In most client interactions, Parson Consulting helps firms with process remediation or improvement, which always includes some level of BPM technology to back up and implement recommended strategy. Parson Consulting has historically been very selective while building partnerships with technology vendors. It sees potential for very good fit with Cartesis because both organizations share similar direct relationship models and market focus. Specifically, Cartesis' budgeting, planning & forecasting, consolidation and information delivery applications will extend Parson Consulting's service capability by offering more complete solutions. In the financial services vertical, Cartesis and Parson Consulting offer business and process strategies based on best practices. Together, with Cartesis' performance management software that automate business rules and internal processes, the organizations will make it easier for financial services firms to embed process and financial expertise into a single software application. "We have software that quickly automates regulatory reporting, including Sarbanes-Oxley and Basel II Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations , multiple GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). scenarios and complex currency conversion," says Charles Muldoon, VP of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. alliances at Cartesis. "Parson Consulting listens to their clients to understand particular business challenges and apply industry best practices to transform the management of client organizations using Parson Consulting expertise and our performance management solutions." Currently, the two companies are sharing industry expertise and training activities. They have several North American financial services customers in common and previously closed business jointly at Arnold Partners Worldwide in Boston. About Parson Consulting Parson Consulting is a no-conflict financial management consultancy focused on helping senior finance executives improve the efficiency and effectiveness of finance and other support functions. Headquartered in Chicago, Parson Consulting has 15 offices across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Australia. For more information, go to www.parsonconsulting.com. About Cartesis Cartesis is the largest and fastest growing Business Performance Management software specialist in the world with more than 1,300 corporate customers, 600 employees and 200 consultants worldwide. Created in 1990, Cartesis provides insight, control and confidence by unifying information, people and processes at demanding multinationals like Air France Air France in full Compagnie Internationale Air France French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) , Cargill, Danone, Diageo, Nissan, Societe Generale and Standard Life. Over 24% of Fortune Global 100 companies rely on Cartesis' deep financial expertise and standard-based technology for compliance, financial consolidation, management reporting, planning, budgeting, forecasting, intercompany reconciliation; all unified in a single data-model that can be leveraged by internal and external users. Cartesis' partners include Microsoft, Accenture, Bearing Point, E&Y, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen and PwC. Cartesis has customers in 44 different countries and offices in Brussels, Frankfurt, London, Norwalk (CT), Paris, Tokyo, Toronto and Utrecht. For more information, go to www.cartesis.com. All cited names and/or trademarks are the property of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion