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Centage Corporation Appoints Piyush Jain as Vice President of Engineering

Extensive Expertise in Financial Planning, Analysis, and Reporting Systems Product Development Will Drive New Advances for Budget Maestro Product Suite

NATICK, MA -- (Marketwired) -- 07/10/14 -- Centage™ Corporation, a leading provider of budgeting and forecasting software (Budget Maestro™) for small and medium sized businesses, announced that Piyush Jain has joined the company as Vice President of Engineering. Most recently a Development Executive at IBM, Jain brings more than two decades of budgeting, forecasting, and business intelligence commercial software development expertise to Centage. He will leverage that experience to drive new product advances and set future direction for the Budget Maestro product suite.

"Piyush is a software development leader with a proven track record of managing flagship product lines and introducing game-changing products and functionality," said Barry Clapp, President & COO of Centage Corporation. "With extensive knowledge of financial systems for planning, analysis, and reporting, he will help build products to support our mission of providing financial and operations professionals with insight and visibility into the information and key factors that drive their business."

"Centage is a fast growing company with a devoted customer base and a world class product suite. I am excited about the opportunity to shape the evolution of the Budget Maestro. Integration and visibility into both budget and actual financial data can still be a challenge for mid sized companies and Centage is ideally positioned to harness that information. I look forward to continuing that momentum in addressing our customer's evolving business analysis needs through strategic advantages in both architecture and development," said Jain.

Jain was most recently a Development Executive in IBM's Business Analytics division where he led various development organizations in the creation of enterprise-scale analytics products including financial planning applications, real-time OLAP databases, and Big Data access systems. Prior to IBM, he served as Vice President of Engineering at Cognos and Applix, respectively. Jain holds a M.S. from Clarkson University and a B.S. from National Institute of Technology, Kurukshetra, India.

For more information about our open positions, visit http://centage.com/About/Centage-Corporation-Careers.asp. To learn more about Centage follow us on Twitter @Centage or visit our blog http://centage.com/Blog/.

About Centage
Budget Maestro® by Centage is an easy-to-use, scalable, automated budgeting, planning, and forecasting application. It is designed for small to 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. 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://centage.com/Blog/ for the latest insights on budgeting and forecasting strategies.

Centage and Budget Maestro are registered trademarks of Centage.

Media Contact:
Julie Crotty
Attune Communications
+1 978 877 0053
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