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| Parker Hannifin Corporation selects Cartesis for group financial reporting solution | |
| 15th January 2007 Parker Hannifin Corporation has selected Cartesis to provide it with global consolidation and financial, statutory and operational reporting applications. Parker Hannifin is a leading diversified manufacturer of motion and control technologies and systems with annual sales exceeding $9 billion. As many as 500 executives and finance and field managers are expected to rely on the new Cartesis Finance and Cartesis Analytics Web-enabled applications. Parker Hannifin chose Cartesis Finance and Cartesis Analytics after an extensive evaluation of major performance management products in today's market place. “We feel that Cartesis is best suited to provide us with a rich performance management environment that is scaleable and flexible enough to meet the diverse needs of corporate, finance and line-of-business users while intuitive enough to be maintained by the business users themselves,” says Dana Dennis, Vice President and Controller at Parker Hannifin. “We are looking forward to the flexibility, ease of use and strong administrative capabilities which Cartesis Finance and Analytics provides. Built-in audit tools and internal controls inherent to Cartesis will help maintain Sarbanes-Oxley compliance.” Dennis continued, “As we acquire new businesses or as the reporting view of a business changes, the drag and drop capabilities within the Cartesis system will drastically simplify our current reporting process.” The worldwide Parker user group will have increased Web access and a variety of reporting tools to enhance their analytic capabilities. As many as 500 executives and finance and field managers are expected to rely on the new Cartesis Finance and Cartesis Analytics Web-enabled applications. Related FSN articles FSN Product Review Cartesis Planning FSN Product Review Cartesis BPM Extended Suite |
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