Financial management. (Technology Tools).

ClosedLoop Solutions Inc., which supplies real-time, forward-looking financial management applications for dynamic financial control (DFC), has released enhancements to its enterprise financial management platform. The company claims that ClosedLoop Release 3.5 is the only suite of enterprise applications to enable dynamic revenue visibility and dynamic expense steering, key managerial capabilities that enable companies to sense market changes and respond with revised financial plans and operational actions to better achieve corporate financial targets.

"ClosedLoop supports our efforts to plan and track our contribution margin on a regional and functional basis," said Tom Beaudoin, senior vice president of finance and Acting CFO for Parametric Technology Corp. "It also improves our ability to proactively manage our enterprise profitability and performance."

Redwood City, Calif.-based ClosedLoop offers a suite of DFC applications that span unit volume, revenue, expenses, headcount and capital commitments in one easy-to-use, easy-to-configure enterprise software platform. The latest edition of the ClosedLoop platform includes new capabilities across all ClosedLoop applications, including ClosedLoop TopLine Manager[TM], ClosedLoop SpendCap Manager[TM], ClosedLoop Reporting and Analysis[TM] and ClosedLoop Exchange[TM].

Web: www.closedloopsolutions.com