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BPM Partners Names Carpio “Best New Vendor 2009" in Business Performance Management (BPM) Software

Raleigh, NC – 01/29/2009

BPM Partners, the leading independent authority on business performance management (BPM) solutions, has named Carpio the Best New Business Performance Management Vendor of the Year for 2009. Carpio is a global provider of performance management solutions. Carpio's GesFinTM CPM Suite is a unified performance management application that empowers organizations to improve budgeting, planning, forecasting, workflow, reporting, financial modeling, scenario planning, profitability analysis, KPI monitoring, and financial consolidation. Carpio was acknowledged on January 22, 2009 during a vendor-independent Webcast entitled "Beyond the Hype 2009 – An Unbiased Look at BPM Vendors and Trends: BPM Goes Mainstream." The GesFinTM CPM Suite was noted for its powerful modeling capabilities, unique features such as Profitability InsightTM and Formula TracerTM, and its seamless plug-in for the MicroStrategy BI Platform.

The Beyond the Hype 2009 Webcast provided a thoroughly researched and unbiased review of the performance management market including customer trends and statistics, vendor trends, and the developing importance of next generation (BPM 2.0) technologies. The expert panel included Jack Sweeney, editor in chief at Business Finance Magazine and Craig Schiff, CEO and founder of BPM Partners. This webcast is a key industry event for buyers of performance management solutions.

"Carpio has come to the market with a very comprehensive performance management suite that includes budgeting, planning, modeling, a robust consolidation capability, along with workflow and dashboards," said Craig Schiff, CEO of BPM Partners. "They have some unique capabilities that help companies make complex modeling decisions. As an example, their solution includes graphical sliders that allow users to see the immediate impact that adjusting one parameter has on all the others. They also offer a version customized for and integrated with the MicroStrategy business intelligence (BI) platform."

"We are grateful for this award and recognition by BPM Partners," said Marco Fregenal, founder and CEO of Carpio Solutions. "Craig Schiff and members of the BPM Partners team helped create this industry almost 20 years ago, so receiving this award from them validates our product, our progress, our roadmap, and our approach to serving this market."

An archived copy of the "Beyond the Hype 2009 -- An Unbiased Look at BPM Vendors and Trends" webcast can be viewed in its entirety by clicking here.

About Carpio
Carpio is a global provider of comprehensive performance management (CPM) solutions. Carpio enables financial and operational performance transformation for organizations through its GesFinTM Performance Management Suite and specialized services. GesFin is a web- and Excel-based solution for strategic planning, budgeting, forecasting, workflow, reporting, financial modeling, scenario planning, profitability analysis, KPI monitoring, and consolidation. Carpio's comprehensive performance management solutions are available in flexible cost effective delivery models. Carpio has global delivery centers and resources in the USA, Brazil, Mexico, and Panama. www.carpio.com.

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