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Comshare's Distributor in Japan Launches BudgetPLUS; Comshare and Beacon Open Japan's Market for Management Planning and Control Applications.


Business Editors

ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BUSINESS WIRE)--Dec. 21, 1999

Comshare(R) Inc. announced that Beacon Information Technology (Tokyo, Japan) will resell Comshare BudgetPLUS(TM) in Japan. Comshare is a leading provider of software solutions for management planning and control (MPC (1) (Mobile PC) A handheld or laptop computer. See handheld computer, laptop computer and Ultra-Mobile PC.

(2) (MultiPath Channel) See multipath.
), which includes planning, budgeting, financial consolidation, management reporting and analysis. Beacon IT will sell BudgetPLUS to large and medium-sized corporations as part of its total accounting systems solutions. BudgetPLUS complements Beacon's current product offering, and will be sold by Beacon directly and through its network of alliance partners in Japan.

"Japan has the second-largest economy in the World, and even though it is still in recession, many believe Japan's economy is well on its way to recovery," said Dennis Ganster, Comshare president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "In addition, changes are underway to adopt international accounting standards and budgeting processes. As a result, companies see the need for the MPC applications, and particularly budgeting. BudgetPLUS, which supports languages that require multiple bytes of memory to store individual characters, like Japanese, is ideally suited to support the budgeting and reporting needs of Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details. ."

Meeting Japan's Business Needs

The introduction of international accounting standards is a important issue in Japan. Financial consolidation -- a prerequisite for large corporations -- naturally requires robust budgeting and reporting systems to give Japanese companies the level of planning and control they now seek. Comshare BudgetPLUS is a superior planning and budgeting system that will speed up the planning process, analyze revenue, expenses, cost of sales and other financials, and provide extensive plan-to-actual reporting for each business group together with financial database for the next planning cycle.

Comshare BudgetPLUS is an integrated planning In amphibious operations, the planning accomplished by commanders and staffs of corresponding echelons from parallel chains of command within the amphibious task force. See also amphibious operation; amphibious task force. , budgeting, reporting and analysis application that improves productivity, shortens the planning cycle, and enhances the quality and usability of planning information. Unlike spreadsheets, BudgetPLUS manages and controls the entire planning process, cutting the time and effort needed to complete the budgeting cycle. Comshare BudgetPLUS is fully Web-architected, runs on mainstream relational and multidimensional databases See OLAP. , and is designed to be "Ready-to-Go" with built-in best practices and packaged budgeting analysis. BudgetPLUS can be implemented using client/server, Web or an optimal mix of both technologies.

Comshare BudgetPLUS will be sold by Beacon IT's Enterprise Data Warehousing See data warehouse.

data warehousing - data warehouse
 Division. Comshare BudgetPLUS will be priced starting from Yen 6,000,000. Beacon IT is targeting 10 sales this financial year.

About Beacon Information Technology

Beacon IT, formerly Software AG of Japan and founded in cooperation with Software AG and Software AG of 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.  (now SAGA Software), is a leading supplier of mainframe to client/server system solutions with over 20 years of specialist experience. Around 10 years ago, in conjunction with Comshare, Beacon became a pioneer in data warehouses and related products for integrated information systems, which has led today to it being the number-one vendor in Japan's data warehouse market. Beacon IT currently focuses on business issues in three divisions: Enterprise Computing Refers to information technology in the larger company. See enterprise data and enterprise networking. , Enterprise Data Warehousing, Enterprise Connectivity. Each division, based upon unique and superior products, offers professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , consulting and solutions in response to a user's business to help it achieve its strategic objectives.

About Comshare Inc.

Comshare (Nasdaq:CSRE CSRE Comparative Studies in Race and Ethnicity
CSRE Closed System Respirator Evaluator
) is a leading provider of software applications for management planning and control (MPC), which includes planning, budgeting, financial consolidation, management reporting and analysis. Comshare's MPC applications deliver business-critical information that can be used to make sound planning and management decisions. In business for more than 30 years, Comshare is one of the top independent software companies, with customers around the world, many of which are Fortune 500 and Financial Times Top 1000 companies. Comshare is an Hyperion Alliance Partner, an IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Business Partner, a Microsoft Certified Solutions Provider, and an Oracle Business Alliance Partner. For more information on Comshare, call 1-800-922-7979, send e-mail to info@comshare.com or visit Comshare's Web site at www.comshare.com.

Comshare is a registered trademark of Comshare Inc. Comshare BudgetPLUS is a trademark of Comshare Inc. All other trademarks are the property of their respective holders.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 21, 1999
Words:662
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