News

16 January, 2006

PureShare® Launches Profit Accelerator

Helps Enterprises Proactively Manage Budgets vs. Actuals Performance

Ottawa, Ontario, Canada – PureShare® has launched a Budgets vs. Actuals Profit Accelerator, a pre-built framework, associated templates and dashboards that allow finance and business line managers to proactively monitor and manage real-time performance against budgets.

The Budgets vs. Actuals Profit Accelerator enables PureShare ActiveMetrics™ customers to be up and running with real-time budget performance monitoring within days. Like PureShare ActiveMetrics, the Accelerator draws pertinent data from any variety of data sources, such as data warehouses, business intelligence software, Excel spreadsheets, intranets and more.

Christopher Dean, PureShare CEO, said, “Based on our experience with a variety of Fortune 500 and mid-size organizations, we have developed the Budgets vs. Actuals Performance Accelerator to empower executives and business managers to proactively manage their budgets. Rather than receiving after-the-fact reports that may or may not help managers see where their budgets stand at quarter-end, we allow them to automate expense summary reporting and view the running, real-time status of their budgets.”

PureShare Accelerators are free tools provided to PureShare ActiveMetrics customers as part of the Gold Support package. Accelerators include frameworks for managing specific business processes along with pre-built dashboards for proactively monitoring key performance indicators. PureShare Accelerators are developed based on industry best practices and the collective knowledge of various PureShare clients.

The Budgets vs. Actuals Performance Accelerator is available immediately. Customers who are not part of the Gold Support package may upgrade their support, or should inquire about PureShare Professional Services required to implement the Accelerator.

About PureShare

PureShare is a metrics management software vendor that develops proactive, web-based corporate performance monitoring and enterprise reporting applications. PureShare’s proactive metrics management applications empower business users to see key performance indicators (KPI) in real-time and allow business managers to accurately gauge performance.

Global 1000, Fortune 500, and mid-size organizations use PureShare ActiveMetrics™, a web-based corporate performance management application, to proactively monitor and measure KPIs within the context that each manager, executive or operator requires. PureShare ReportRouter™ is a web-based reporting framework that simplifies access to reports from across reporting platforms.

For information, contact PureShare at 866.636.6065, or visit www.pureshare.com