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Clarity Systems Customer Honored with Award for Excellence in Business Performance Management
Clarity Systems Customer Honored with Award for Excellence in Business Performance Management

TORONTO, Aug. 30 /PRNewswire/ -- Clarity Systems, a leader in corporate performance management (CPM) solutions, announced that its customer, Wyeth Canada, received the 2006 Vision Award presented by Business Finance Magazine. Wyeth received top honors for excellence in Business Performance Management in the $501 million to $5 billion annual revenue category. Wyeth's business performance management applications are powered by Clarity 6 software.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060830/NEW020LOGO )

The Vision Awards honor organizations that have successfully developed and implemented integrated business performance management processes to efficiently conduct strategic planning, budgeting, performance measurement, and financial reporting. With Clarity 6, Wyeth has structured, controlled, and streamlined its performance management abilities across the organization. This has allowed the company to collect, consolidate, and derive budgeted and forecasted financial data quickly and accurately.

"Wyeth Canada truly represents the best in performance management processes and systems," said David Blansfield, Group Publisher and Editorial Director, Business Finance magazine. "Pharmaceuticals is a competitive, complex industry. This is a great example of how companies can use performance management software to align strategic and operational plans and create tangible value and competitive advantage."

"This is a great achievement for Wyeth and our Clarity 6 software," says Mark Nashman, President, Clarity Systems. "Using Clarity 6, Wyeth has successfully integrated their strategic planning process, corporate objective setting and tactical plans. Clarity 6 connected Wyeth's planning processes across the entire organization. Our professional services partnered with Wyeth staff to deliver planning best practices ensuring high user adoption."

About Clarity Systems

Clarity Systems delivers superior CPM software solutions, training, consulting, and advisory services for financial budgeting, planning, reporting, consolidation, and analytics to a large client base across North America. With a rich feature set, Clarity 6 is a unified application that offers the flexibility, security, and control needed to meet compliance requirements, make more informed business decisions, and ensure better corporate responsibility. Clarity Systems continues to lead the industry as the CPM solutions' specialist. For more information please visit http://www.claritysystems.com/.

About Business Finance

Business Finance is a trade magazine about and for senior business and finance executives. Its purpose is to help them do their jobs and make better purchasing decisions. Major areas of coverage include performance management, corporate finance, treasury and cash management, and technology management.

For more information, please contact: Martin Gelb Clarity Systems 416-250-5500 ext. 227 Toll free: 1-877-410-5070 ext. 227 mgelb@claritysystems.com

Clarity Systems

CONTACT: Martin Gelb of Clarity Systems, +1-416-250-5500, ext. 227, or
+1-877-410-5070, ext. 227, mgelb@claritysystems.com

Web site: http://www.claritysystems.com/

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