WEG (Australia) selects Kepion for budgeting and consolidation

By - May 16, 2012

Seattle, WA (Wednesday 16th May, 2012) – Kepion Software, a global leader in simplified performance management software, is helping companies like WEG in streamlining their budgeting and financial consolidation process.

WEG Australia is a wholly owned subsidiary of WEG Brazil. WEG provides manufacturing electric motors, industrial automation products and power and distribution transformers, but also as a supplier of complete industrial electrical systems. WEG selected Kepion to enable a streamlined process for sales forecasting and profit and loss consolidation. Kepion will also provide enablement for head office submissions to tie to WEG (Australia).

About Kepion on the Microsoft BI Platform

Kepion (www.kepion.com) delivers global corporate performance management software (CPM) based on Microsoft’s technology across the North & South America, Australia, Europe and Asia. Companies, which include some of Microsoft’s top enterprise customers, have adopted Kepion as their global budgeting and financial forecasting software.

Since Kepion is built on the Microsoft Business Intelligence platform, customers are able to plug their own Microsoft BI tools directly to Kepion for reporting and analysis.  Kepion business performance management software allows business users to easily enter their targets for company-wide strategic plans, top-down & bottom-up budgeting and continuous fiscal & rolling forecasting, all within a single, easy to navigate web interface environment.

About Kepion

Kepion delivers performance management solutions for the office of finance. Kepion is built on the Microsoft BI platform powered by SQL Server 2008. Kepion provides an entirely web-based planning solution founded on the principle “Simply Flexible: Providing simple access & navigation to your needed information, combined with a fully flexible platform to build solutions that fit around your key business functions”.

About WEG

WEG is an industry headquartered in Jaraguá do SulBrazil, operating worldwide in the electric engineering, power and automation technology areas. The company produces electric motors, generators, transformers, drives and coatings. WEG has operations in around 100 countries, with approximately 24.000 employees (2011). WEG appeared in Forbes list of the 100 largest small global companies of the world. And it has been ranked by magazine Exame as the 9th most competitive company in the American continent. WEG is the largest Latin American electric motor manufacturer.

For more information, please visit our website at www.kepion.com or email us at info@kepion.com

The announcement of a customer’s selection of Kepion software is not necessarily indicative of the timing of recognition of revenue therefrom or the amount of revenue for any particular period. In addition, in many cases Kepion’s software must be successfully implemented and deployed to enable the customer to achieve its business objectives. The announcement of a customer’s selection of Kepion software does not indicate that applicable implementation and deployment activities are complete.


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