CARTESIS REPORTS '06 SOFTWARE REVENUES UP 28 PERCENT: Cartesis, a provider of finance and performance management software, announced that for the 2006 fiscal year, the company saw its software revenues growth 28 percent - including a 61 percent leap internationally and a 57 percent rise in North America. Cartesis said that the success is likely due to additional investment in international sales and marketing and the introduction of its new product line, Cartesis 10, a business performance management solution that integrates internal and external financial data for publication, benchmarking, and merger and acquisition planning.Chief executive Didier Benchimol said that in recent quarters, the business has grown at a rate triple or quadruple that of its competitors. The company also reported:

* 40 percent of its license revenue came from new clients;

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access