Tuesday, March 31, 2009

Column 5 Consulting Acquires UK-Based K-twenty Consulting

Column 5 Consulting, a US leader in Enterprise Performance Management (EPM) consulting, today announced its further expansion into Europe with the acquisition of UK-based k-twenty Consulting.

“Due to our increasing number of international clients and domestic clients with international operations, it makes sense for us to further develop capacity in other parts of the world to better serve our customer base,” said David Den Boer, CEO of Column 5. “Additionally, we can offer international clients the advantage of strong US support capabilities. We chose k-twenty because of their team’s long and successful track record in the EPM space and their excellent reputation of implementation success with the SAP EPM suite of solutions. Like Column 5, k-twenty works exclusively with the SAP solutions and specializes in implementing SAP Business Planning & Consolidation (SAP BPC, formerly OutlookSoft). SAP BPC provides a unified enterprise solution for strategic planning, budgeting, forecasting, financial consolidation, reporting, predictive analytics and scorecarding. It features dashboards and workflow management to provide visibility into the business, drive financial processes, and improve productivity, accountability and performance.

k-twenty Consulting works with a range of customers, mainly UK based, including FTSE250 companies and household names. They have established close relationships with these companies and typically are involved in the projects from initial requirements through design and implementation to go-live support. k-twenty founder Martin Lloyd has over 20 years of experience in the EPM space, including past positions with Hyperion Solutions, PriceWaterhouseCoopers, and OutlookSoft. “We’re thrilled to join Column 5,” says Lloyd, “they have a reputation as the best of the best, and we’re very excited to bring that added depth of experience to our customers.”

“Column 5 brings not only the top technical expertise in SAP BPC, but we offer our clients performance management consulting that delivers real bottom line results,” says Den Boer. “k-twenty will help us expand these offerings overseas.”

About Column 5 Consulting

Column 5, one of the fastest growing consulting organizations in the U.S., is a full service consulting firm that equips finance managers and CFOs to dramatically improve how they plan and manage their businesses. The company is one of SAP’s leading Enterprise Performance Management partners, supporting solutions such as BPC, PCM, SSM, S&OP, and BusinessObjects. Column 5 consultants have helped more than 250 organizations use these leading EPM tools to develop planning, budgeting, reporting, consolidation, and other management applications. Headquartered in Tempe, Arizona, Column 5 has presence in Los Angeles, New York, Chicago, San Francisco, Seattle, Denver, Las Vegas, Atlanta, Dallas and Houston. More information is available at www.column5.com or by emailing info@column5.com.

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