Clarity Systems helps BC City Manage its $130 Million Budget
TORONTO, ON (November 2, 2006) - Clarity Systems, a leader in corporate performance management (CPM) solutions, announced today that the City of Port Coquitlam in British Columbia, Canada, has adopted Clarity 6 software as their budgeting and reporting solution.
Using Clarity 6, the City saves over 1000 hours annually giving them the time to conduct more thorough analyses and make more informed decisions. This tighter and more effective budgeting process results in over $60,000 in savings annually for the City.
Before implementing Clarity 6, Port Coquitlam was struggling with its budgeting process. It had numerous linked spreadsheets that required mostly manual entries which caused numerous technical problems and inaccuracies in its numbers. It became difficult to analyze how to best allocate the City’s $130 million budget to its services.
“As a governing body, our objective is to allocate our budget in the best interest of our citizens,” says Jason Rude, Budget Officer for the City of Port Coquitlam. “Clarity 6 allows us to meet this objective. Our budgeting process has become more efficient which has helped to keep the City’s tax rate down.”
“One of the unique features of the Clarity 6 solution is its customizability,” says Frank Pizzolato, CEO, Clarity Systems. “This allows us to meet the needs of organizations across all sectors including municipalities such as the City of Port Coquitlam. Our vertical expertise allows us to quickly understand an organization’s unique circumstances and tailor our solution.”
About the City of Port Coquitlam
Port Coquitlam, located just east of Vancouver, is home to more than 57,000 residents. The elected City Council and its staff are responsible for implementing and maintaining the community’s basic essential services including clean water, roads, and fire and police protection as well as other services such as libraries, parks, and recreational facilities. For more information visit www.portcoquitlam.ca.
About Clarity Systems
Clarity Systems delivers superior Corporate Performance Management software solutions for financial budgeting, planning, forecasting, consolidation, analytics and financial statement reporting to a large, global client base. With a rich feature set, Clarity 6 and Clarity FSR are unified applications that offer the flexibility, security, and control needed to make more informed business decisions while meeting compliance requirements. Named as one of Profit’s 100 fastest growing companies and a Branham 300 top 100 IT company, Clarity Systems continues to lead the industry as the independent CPM specialist. For more information, please visit our website at www.claritysystems.com or call us at 1-877-410-5070.
For more information, please contact:
Dave Paolini, Communications Manager
Clarity Systems Limited
416-250-5500 ext. 417
Toll free: 1-877-410-5070 ext. 417
dpaolini@claritysystems.com
