Fluence Recognized as “Best New Vendor” in BPM Pulse 2020 for Performance Management
TORONTO, June 10, 2020 -
Fluence is proud to announce it has been recognized as the “Best New Vendor” in BPM Partners’ “Pulse of Performance Management 2020.” The acknowledgement was given during the live annual webinar hosted by IndustryWeek. The webinar featured Craig Schiff, CEO of BPM Partners, the leading independent performance management advisory services firm, who shared the latest information in budgeting, planning, forecasting, consolidation, reporting, and analytics. Considering the current economic period, this information is crucial in helping companies to understand their options for moving forward.
In the live session, BPM Partners revealed for the first time:
- BPM Partners' core list of performance management vendors for 2020 – successful, mainstream solutions with broad appeal
- The BPM Pulse 2020 vendor customer satisfaction ratings
- The 3rd Annual BPM Pulse Awards for Top Rated Vendors
The Pulse of Performance Management 2020 highlights vendors by identifying and reviewing their core, specialized, and advanced functionality, latest enhancements, market success, and customer satisfaction with a focus on ease of use. Each vendor receives ratings directly from their customers on a scale one to five on 15 different attributes as well as an overall rating. Integrating with existing systems was ranked as the #1 attribute this year when selecting a solution. Earning “Best New Vendor,” Fluence Technologies launched at the beginning of 2020 with solutions that address this industry need.
Craig Schiff, CEO of BPM Partners, comments:
"Fluence’s key solution is consolidation. This is the golden age of consolidation. We haven’t seen a new consolidation vendor enter into the space in quite some. We think this is a great new addition to the marketplace and another consolidation solution packaged along with budgeting and planning."
BPM Partners ratings identified Fluence’s core strengths as Ease of Use, Low Total Cost of Ownership, Quick implementation, Depth and Breadth of functionality. Less than a year old, Fluence offers a robust solution backed by a solid team of experienced senior executives and delivered on a unified platform.
John Power, CEO of Fluence, remarks:
“Fluence's solution offers consolidation and management reporting infrastructure that is based on an integrated database of information, available through the cloud, provides the ease of access and maintenance as well as consistency and integrity of information that is required to optimize performance.”
By offering simple solutions for performance management, Fluence provides a product that is easy, intuitive, and still cutting-edge. By leveraging native excel, which most companies use for their finances, Fluence offers a novel way to bridge the old with the new technology. With the ability to remotely set companies up with our solutions software, Fluence has embraced these new times and values building relationships even more than ever.
The Pulse of Performance Management 2020 webinar is designed to help participants identify the most successful vendors that match their needs, benchmark their projects, and leverage performance management best practices. A replay of the webinar can be viewed here.
About BPM Partners
BPM Partners is a privately held advisory services firm with an exclusive focus on business performance management (BPM) solutions. The firm’s BPM experts help companies solve their most pressing business performance challenges with a comprehensive, rapid, and cost-effective BPM methodology. BPM Partners helps companies to educate their teams, document requirements, develop a detailed roadmap, select the optimal technology, and successfully deploy chosen solutions. For more, visit https://www.bpmpartners.com/.
Fluence Technologies is an enterprise-class consolidation solution priced and designed for the mid-market. Built on the Vena Solutions platform with a proprietary consolidation engine, and utilizing an Excel interface, the system is intended to be owned by Finance, easy to use, and implemented quickly. Out of the box consolidation functionality includes foreign exchange, inter-company matching, reconciliation, and elimination, non-controlling interest, equity pickup, journal entries, validations, controls, and audit, all coupled with management reporting, collaboration and workflow.
Through their partnership with Vena Solutions, Fluence also offers integrated budgeting, planning, forecasting, account reconciliation, and cash flow forecasting.
Fluence is a global company headquartered in Toronto, Canada with offices around the world. Visit our website for more information https://www.fluencetech.com/.
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