Acquisition and Strategic Integration - insightsoftware acquired JustPerform, a cloud-native EPM platform, to enhance its portfolio with next-generation enterprise performance management capabilities, including AI-driven predictive analytics and automated insights [1] - The acquisition aligns with insightsoftware's strategy to deliver powerful, user-friendly solutions that unify EPM processes and streamline financial planning, consolidation, and reporting [3] - JustPerform's modern architecture complements insightsoftware's existing suite of financial solutions, providing a comprehensive platform for global organizations [3] JustPerform's Capabilities and Market Demand - JustPerform is a fully cloud-native EPM platform that simplifies financial and operational planning through a process-first approach, intuitive interface, and seamless ERP integration [2] - The platform features detailed role-based authorizations, robust audit trails, and individual-level data controls to ensure compliance and enable agile decision-making [2] - The demand for integrated, cloud-native EPM solutions is surging as organizations seek real-time accuracy in budgeting, forecasting, and consolidation [2] Benefits and Future Enhancements - JustPerform's cloud-based architecture provides agility and flexibility, enabling faster financial closes and more strategic planning cycles through simplified integrations with ERP, CRM, and BI systems [3] - The platform allows users to automate traditionally manual tasks, improving speed and accuracy in reporting and planning efforts, with deep Excel integration [4] - insightsoftware plans to leverage JustPerform's scalable architecture to add integrations for AI, machine learning, and UI/UX advancements, setting a foundation for future innovation [4] Industry Perspective and Market Position - BPM Partners highlights the urgent need for integrated solutions to streamline financial and operational processes, emphasizing the value of JustPerform's capabilities [5] - With the addition of JustPerform, insightsoftware expands its capabilities in financial and operational planning, joining the ranks of leading vendors in the EPM space [6] - insightsoftware has acquired 29 companies in the last six years, including JustPerform, LeaseAccelerator, FXLoader, and Fiplana, strengthening its market position [6] Company Overview - insightsoftware is a global provider of comprehensive solutions for the Office of the CFO, focusing on financial planning and analysis, accounting, and operations [8] - The company aims to transform how teams operate by delivering automated processes, trusted insights, and increased productivity through accessible financial data [8]
insightsoftware Acquires JustPerform to Deliver Unified, No-Code, Cloud-Native Enterprise Performance Management
Globenewswire·2025-01-15 10:01