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Cartesis throws weight behind adoption of performance management practices; Joins BPM Standards Group.


Business Editors

NORWALK Norwalk (nôr`wôk').

1 City (1990 pop. 94,279), Los Angeles co., S Calif.; settled in the 1850s, inc. 1957. With the arrival (1875) of the Southern Pacific RR, it became a center for the dairy and logging industries, but
, Conn.--(BUSINESS WIRE)--June 9, 2004

Cartesis, the Business Performance Management specialist, has joined the BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically  Standards Group, an industry working group dedicated to the success of organizations adopting Business Performance Management (BPM) solutions.

The group aims to provide consistent thought leadership and establish standards for vendors, service providers and consultants in the industry as well as users of BPM. Cartesis will share its knowledge and experience with the group, review early output from the working committees and contribute to future initiatives.

"The BPM Standards Group is committed to supporting the BPM marketplace with a common BPM definition, guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 and recommended best practices," said organization spokesperson, John Colbert of BPM Partners. "We are pleased to welcome leading BPM specialists like Cartesis to the team and look forward to working with them as we continue to develop our shared vision of strategic business performance management."

"In a business environment driven by 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 shareholder activism, it's critical that enterprises are able to have a clear view of their business performance. Systems and processes are key to this and a piecemeal piecemeal

patchy, e.g. necrosis of the liver in which groups of hepatocytes are separated by small groups of inflammatory cells and fine, fibrous septa following extension of the inflammatory process beyond the limiting plate.
 approach will limit competitive advantage," said Paul Giardina, Executive VP Global Marketing at Cartesis. "We believe that the BPM Standards Group is ideally positioned to accelerate the adoption of successful performance management practices across organizations and we are delighted to be a part of this influential and experienced group."

About Cartesis

Cartesis provides CFOs with a unique business performance management solution to deliver the whole 'story behind the numbers' with unparalleled clarity and insight. Leading multinational companies around the globe rely on Cartesis software applications to get the full picture and offer timely and relevant information to their stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
. The company maintains offices in Brussels, Frankfurt, London, Madrid, Norwalk, CT, Paris, Tokyo and Utrecht. Cartesis products give global companies the analytic capacity In complex analysis, the analytic capacity of a compact subset K of the complex plane is a number that denotes "how big" a bounded analytic function from can become.  and the flexibility they need to assess the rapid changes in their market places. One in five of the Fortune Global 100 and more than 30% of the Financial Times European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 100 use Cartesis solutions to obtain unprecedented command over their financial information and processes. www.cartesis.com

About the BPM Standards Group

The BPM Standards Group is an industry working group dedicated to the success of organizations adopting Business Performance Management solutions. The Group is committed to establishing BPM definitions, guidelines and recommended business practices. For more information or to participate in the BPM Standards Group, please visit http://www.bpmstandardsgroup.org or email info@bpmstandardsgroup.org
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 9, 2004
Words:413
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