|By Marketwired .||
|June 30, 2014 07:55 AM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/30/14 -- Editors Note: There is a photo and a video associated with this press release.
A survey from Cougar Software conducted amongst visitors to the Realcomm 2014 Conference in Las Vegas Nevada last week revealed that nearly 80% of attendees are looking for a cloud solution to access their real estate data. 79% of respondents see the value in implementing a financial modeling solution to help them make better decisions faster, and 58% are still using Excel to model their financial data.
"Although the numbers are still fairly high, the good news is they are down almost 10% from last year which means organizations are moving in the right direction, albeit slowly, when it comes to managing their real estate data," said Oren Rosen, CEO, Cougar Software.
The research, conducted for the second year in a row by Cougar Software, the leading provider of financial modeling solutions for real estate investors, also revealed that 67% of respondents confirmed that they are not confident that their in-house departments are collaborating effectively on the budgeting process. Compared to last year, confidence levels have dropped a staggering 20%.
Cougar addresses these issues with:
1. Cougar's recent launch of onePlace, where real estate investors can access their data in the cloud and have the power to share information, making the commercial real estate industry more open and connected. 2. Cougar's sophisticated calculation engine completely eliminates the need for financial modeling in Excel, eliminating version control issues and enabling users to easily update, change, and compare models with a press of a button. 3. Cougar's highly acclaimed budgeting, forecasting, and valuation software solution supports an annual or multi-year budget process, a view into multi-level debt, and an unlimited forecasting horizon. All this information rolls up into dashboards which enable Managers to easily shape strategic decisions using sophisticated financial modeling.
About Cougar Software
Founded in 1992 and serving clients worldwide, Cougar Software provides the only financial modeling solutions real estate investors need for budgeting, planning and forecasting. Cougar counts among its customers several of the world's leading property management and investment companies, pension plans, and REITs. Cougar is a privately held company with offices in Canada, Australia, the United Kingdom and the U.S.A. For additional information visit: www.cougarsoftware.com.
To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20140627-OrenRosenCEO800.jpg.
To view the video associated with this press release, please visit the following link: http://www.youtube.com/watch?v=VYT0hi8pbc4.
Aug. 24, 2016 04:15 PM EDT Reads: 2,530
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 24, 2016 04:15 PM EDT Reads: 276
Aug. 24, 2016 04:15 PM EDT Reads: 380
To paraphrase someone famous, "The definition of insanity is to do something the same way over and over again and expect a different result". Humans are creatures of habit and when it comes to storage, old habits die hard. Why do we continue to put our faith in legacy storage providers when they haven't invented anything new in decades. Sure, they re-badge their products every couple of years to make their messaging look modern, but ultimately, it's the same old stuff with a new coat of lipsti...
Aug. 24, 2016 04:10 PM EDT
Aug. 24, 2016 03:15 PM EDT Reads: 331
Aug. 24, 2016 02:15 PM EDT Reads: 1,429
Aug. 24, 2016 02:00 PM EDT Reads: 1,820
Aug. 24, 2016 02:00 PM EDT Reads: 405
Aug. 24, 2016 12:15 PM EDT Reads: 1,790
Aug. 24, 2016 12:00 PM EDT Reads: 3,835
Aug. 24, 2016 11:45 AM EDT Reads: 3,346
Aug. 24, 2016 11:45 AM EDT Reads: 1,431
Aug. 24, 2016 11:00 AM EDT Reads: 2,082
Aug. 24, 2016 11:00 AM EDT Reads: 395
Aug. 24, 2016 10:45 AM EDT Reads: 1,789