Centage Named Company of the Year in 2016 Golden Bridge Awards(R)

NATICK, Mass., Aug. 8, 2016 (GLOBE NEWSWIRE) -- Centage Corporation, a leading provider of next generation budgeting and forecasting software (Budget Maestro) for small and medium-sized businesses, has earned the prestigious Gold status in the Golden Bridge Awards® for "Company of the Year." The coveted annual Golden Bridge Awards program encompasses the best from every major industry in the world in Organizational Performance, Innovations, Products and Services, Executives and Management Teams, Women in Business and the Professions, Best Deployments, Product Management, Public Relations, Marketing and Customer Satisfaction Programs. Organizations worldwide are eligible to submit nominations, including public and private, for-profit and non-profit, companies of all sizes, from start-ups to the largest Fortune 100.

Many financial professionals at small to midsize organizations continue to be plagued by the time-consuming and error-prone process of relying on Excel spreadsheets for financial management. Budget Maestro, a next generation suite of products designed to streamline and automate the budgeting, forecasting and reporting process for small to midsize organizations, frees financial professionals from the shackles of this archaic tool. Unlike any other solution on the market today, Centage empowers today's financial professionals with unprecedented insight into the financial data they need to make critical strategic business decisions.

This year, punctuated by significant product development, rapid customer adoption and industry recognition, Centage has experienced an increase in overall year-over-year sales for the first half of 2016 by more than 40 percent, while cloud sales for the same period have tripled. Recognized by influential industry groups for their products, company and customer success, Centage continues to gain momentum with its Budget Maestro suite of products – both on premise and in the cloud – as more and more financial professionals recognize the unprecedented power of Budget Maestro to better manage the financial health of their organization.

"We are pleased to be named a Gold winner by the Golden Bridge Awards as part of their esteemed industry and peer recognition program," said Barry Clapp, president and chief executive officer, Centage. "These awards are a testament to our commitment to providing today's financial professionals the powerful tools needed to streamline the budgeting process and gain the accurate and up-to-date insight needed to serve as strategic contributors to the organization. We will continue to invest in our people, products and services for the betterment of our customers and innovate to meet the needs of an on-demand economy."

About the Golden Bridge Awards
The Golden Bridge Awards are an annual industry and peer recognition program honoring the best companies in every major industry, from large to small and new start-ups in North America, Europe, the Middle-East, Africa, Asia-Pacific, and Latin-America in categories including Best New Products and Services, Best Innovations, Management and Teams, Women in Business and the Professions, Case Studies, Customer Satisfaction, and PR and Marketing Campaigns. Learn more about the Golden Bridge Awards at www.goldenbridgeawards.com.

About Centage
Budget Maestro® by Centage is an easy-to-use, scalable, automated budgeting and forecasting application. It is designed for small to mid-size 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 allows users to create 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 generates automatically and updates seamlessly. Budget Maestro serves more than 8,000 users worldwide. Visit us at Centage.com, follow us on Twitter, or visit the Centage Blog for the latest insights on budgeting and forecasting strategies.