Mid-Market and Channel Sales Veteran John Murdock Joins Centage as Vice President of Sales

Proven sales executive to lead rapid revenue expansion for direct and channel sales of cloud-based Budget Maestro


NATICK, MASS., Dec. 17, 2015 (GLOBE NEWSWIRE) -- Centage Corporation, a leading provider of budgeting and forecasting software (Budget Maestro) for mid-market companies, has named John Murdock as Vice President of Sales. With more than 20 years of experience selling software and services for leading organizations such as Kaspersky Labs and Juniper Networks, Murdock is well suited to drive both direct and channel sales for Centage. In his role as sales leader, Murdock will leverage his mid-market and SMB sales expertise to develop new business growth for the entire Budget Maestro suite of products, including the cloud-based Budget Maestro application.

Before joining Centage, Murdock was Vice President of SMB and Channel Sales at Kaspersky Lab, the world's largest privately held vendor of endpoint protection solutions. While there, he was named a Channel Chief by CRN Magazine and honored as a 2015 Top Midmarket IT Executive of the Year by the publication, which features the industry's most influential vendor executives serving midmarket customers. Prior to Kaspersky, Murdock was Senior Director of Worldwide Channels for Juniper Networks, where he helped transform the company's channel programs to achieve sales and increase partner satisfaction.

"Centage is a rapidly growing company with a strong roster of SMB customers and a proven product offering. As midmarket demand for better budgeting and forecasting solutions continues to rise, Centage is primed to capitalize on the market opportunity," said Murdock. "I am thrilled to be joining the team and look forward to helping the company expand its reach and continue along its path of growth."

"Organizations are continually looking to better manage their financial and operational performance with sophisticated yet easy-to-use budgeting and forecasting applications. Budget Maestro is specifically designed to address those requirements and John is uniquely suited to help us expand our reach in the market with his deep industry expertise. As a proven leader in small business, midmarket, and channel sales, John will drive new sales opportunities, strengthen the channel sales program, and further our efforts to expand," said Barry Clapp, President & CEO of Centage Corporation.

About Centage
Budget Maestro by Centage is an easy-to-use, scalable, automated budgeting, planning, and forecasting application. It is designed for mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built-in financial and business logic that allow users to build and update their budgets and forecasts and never worry about formulas, functions, links, or any custom programming. It is the only solution in the market that offers synchronized P &L, Balance Sheet, and Cash Flow reporting that generate automatically and seamlessly update based on actuals or assumptions. Budget Maestro serves more than 7,000 users worldwide. Visit us at www.centage.com. For more information, follow us on Twitter @Centage or visit our blog, http://blog.centage.com/ for the latest insights on budgeting and forecasting strategies.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=38212



            
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