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Cartesis is PepsiAmericas' Choice for a New Generation of Financial Applications.


NORWALK, Conn. -- Cartesis, the world's leading specialist in finance and performance management software, today announced that PepsiAmericas, Inc. (NYSE NYSE

See: New York Stock Exchange
: PAS) chose Cartesis to support its worldwide financial close process and related Sarbanes-Oxley reporting.

"Some of the largest, most complex companies in the world rely on our software to automate the financial consolidation and close processes," says Crispin Read, CMO CMO

See: Collateralized mortgage obligation


CMO

See collateralized mortgage obligation (CMO).
 at Cartesis. "No one does multi GAAP GAAP

See: Generally Accepted Accounting Principles


GAAP

See generally accepted accounting principles (GAAP).
 and currency better than us, and when you combine our historical strengths with our new full performance management suite, Cartesis 10, we are the clear choice for PepsiAmericas, as well as any other organization with multifaceted financial data collection and reporting scenarios."

About PepsiAmericas

PepsiAmericas is the second largest Pepsi bottler, with operations in the U.S., Central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. , and the Caribbean. PepsiAmericas manufactures, distributes and markets a broad portfolio of Pepsi-Cola and other national and regional brands. Additional information about PepsiAmericas is available at www.pepsiamericas.com.

About Cartesis

Cartesis is the world's leading specialist in finance and performance management software 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. One in four 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, Ernst & Young, 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 PricewaterhouseCoopers. 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1U0PR
Date:Jun 21, 2006
Words:308
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