Robert Kugel's Analyst Perspectives

IBM announced it has acquired Clarity Systems, a Toronto-based vendor of performance management software and consulting. Terms of the deal were not disclosed. (My most recent blog and analysis about Clarity Systems can be found here. The acquisition fills an important hole in the IBM Cognos applications portfolio, as Clarity FSR is a leading application for automating and managing the close-to-report cycle. This capability has become essential for companies that are required to file financial...

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Topics: Clarity Systems, Financial Close, Business Performance Management (BPM), Financial Performance Management (FPM), Financial Performance Management

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