January 5, 2017 – XLerant is pleased to share its recently featured AFP Exchange article, which uncovers the benefits of engaging employees across an organization in budgeting, including tips for planning a successful multi-participant budgeting strategy. “I believe the key to a truly strategic budgeting process requires engaging department heads across the organization—they are the fiscal frontline. By including staff and faculty in budgeting, we benefit from their innovative thinking and creative ways to cut costs or reallocate funds to accelerate the strategic plan.” Read More
June 8, 2016 – Company’s cloud–based budgeting solution, with customer-centric design, engages financial professionals and end-users. XLerant received an overall customer satisfaction rating of 4.80 and an end-user ease-of-use rating of 5.00 on a 5.00 scale – the highest scores received by any vendor in the survey. Read More
Chief Executive Magazine Features XLerant CEO on Strategic Budgeting June 7, 2016 – XLerant is thrilled to share CEO Joanne Brunn’s recently featured Chief Executive Magazine article, which offers helpful insights and practical tips for successful strategic budgeting. “Companies spend hours evaluating opportunities and challenges, establishing key objectives, and developing the right tactics to meet them. And yet budgeting – the detailed allocation of the organization’s most valuable resources against those objectives – often remains an entirely separate, once-a-year event.” Read More
March 31, 2016 – CEO Joanne Brunn: “The budget needs to be a numerical expression of the strategic plan — and that requires engagement, communication, and collaboration.” CFO Tech Outlook’s annual award recognizes the best cost and time saving solutions available in the business performance management market today.
February 24, 2016 – CEO Joanne Brunn: “Familiarity and ease-of-use are not one in the same; Attributes company’s year of accelerated growth to demand across industries for cloud-based budgeting solutions that challenge the traditional ‘row and column’ model.” The company had a record year in 2015, with year-over-billings up 45 percent from 2014. Most notably, subscriptions sales increased dramatically by 200 percent in Q4.
October 19, 2015 – CEO Joanne Brunn to lead Webinar: “Ease of Use, the Key to Engaging and Retaining all Users, Begins by Moving from Excel-based Spreadsheets to a Collaborative Budgeting Solution.” Craig Schiff, President and CEO of BPM Partners, will be featured guest speaker.
September 21, 2015 – CEO Joanne Brunn leads business officer roundtable at CCBO Annual International Conference. “We are honored to have the opportunity to facilitate such a timely discussion at CCBO’s Annual Conference,” said Brunn. “Community college leaders face unique budgeting challenges. At XLerant, we believe that a collaborative budgeting strategy – one that includes thoughtful input from many participants – can better help community colleges meet their goals.”
August 3, 2015 – Brunn brings a strong background in human sciences to XLerant and has held a wide range of leadership roles since joining the company in 2010. Most recently, she served as the company’s executive vice president of client services and product development where she focused on growing the client services organization and developing a solution custom-fit to client needs.
July 14, 2015 – Annual report ranks XLerant as outstanding in customer satisfaction, user experience and ease of use. XLerant, Inc. the leading provider of software-as-a-service (SaaS) cloud-based budgeting software and developer of BudgetPak, today announced that it was named the “One to Watch” in the 2015 BPM Pulse report produced by BPM Partners, the leading independent authority on business performance management.
June 23, 2015 – Cloud-based budgeting software company selected by CIO Review as one of the 20 most promising tech solutions in the nation. Following an analysis of more than 300 corporate finance technology companies, CIO Review selected XLerant as a leader at the forefront of tackling real-world problems in areas such as finance management, budgeting, planning, forecasting and analysis.
October 31, 2014 – XLerant has been chosen as one of the nation’s “20 Most Promising Tech Solutions & Service Providers for the Education Sector” by CIO Review magazine.
July 07, 2014 – XLerant Inc., announces the signing of eight new higher education customers. Located from coast to coast, these institutions selected XLerant’s BudgetPak solution to replace their manual and time-intensive Excel-based budgeting processes. “XLerant is pleased to partner with these esteemed higher education customers,” said Ted Dacko, CEO of XLerant.
Sept 23, 2013 – XLerant Inc., announced today that CEO Ted Dacko will present at CCBO’s Annual International Conference, a premier event for leaders in Community College institutions. Dacko will be presenting a Monday morning educational session —entitled “Why Cloud-based Budgeting is Perfect for Community Colleges.”
Aug 19, 2013 – XLerant Inc., announced today that CEO Ted Dacko will present at Proformative’s CFO Dimensions 2013, the premier conference for chief financial officers and corporate finance leaders. The company has been invited to lead a session as one of five presenters in the event’s “Finance Technology” track.
June 19, 2013 – XLerant Inc., announces the commercial release of its SaaS cloud-based budgeting product, BudgetPak. The product offers the full functionality of the prior client/server version but can be run either in the cloud or internally on a customer’s server.
September 11, 2012 – XLerant Inc., the leading provider of budgeting software, has announced that The Dallas Cowboys have selected BudgetPakTM to manage the organization’s budgeting and forecasting needs.
July 31, 2012 – XLerant Inc. has announced that the University of Saint Joseph in Connecticut has selected BudgetPak™ to manage its budgeting and forecasting needs. The University of Saint Joseph joins Quinnipiac University as Connecticut-based colleges that have upgraded their budgeting software to XLerant’s BudgetPak software.
May 1, 2012 – XLerant, provider of budget preparation software, announces 148% growth in first quarter 2012. Software adds turbotax-like ease and efficiency to corporate budgeting process.
January 24, 2012 – Leader in budget preparation software to expand North American presence. XLerant, Inc., a provider of budget preparation software for mid-sized and large organizations, today announced the close of a $3 million Series B round of financing. Chrysalis Ventures led the round alongside existing investors, including Connecticut Innovations.
January 18, 2012 – XLerant’s BudgetPak allows colleges, universities to link budget with strategy while weathering mounting economic pressure. XLerant, a leader in powerful budget preparation software, has signed five new clients in the higher education marketplace.
September 14, 2011 – XLerant combines the best of their powerful and flexible budgeting application with the most popular spreadsheet. The company has woven Excel seamlessly inside its popular and powerful budget preparation application to utilize the power and flexibility of both products.
August 2, 2011 – XLerant, Inc., a leading provider of budgeting software for mid-sized organizations, today named a new leadership team. Jim Perakis, former Chairman and CEO of Hyperion, was named Chairman of the Board, Ted Dacko, formerly CEO of HealthMedia, was named CEO, Sal Arena joined the company as Vice President of Sales and Joanne Brunn, PhD, became Vice President of Client Services.
June 30, 2011 – BudgetPak named Editor’s Choice by Accounting-Payroll-Software.Org as the #1 pick in the Budgeting and Planning Software sector. There were five software packages reviewed. and XLerant’s BudgetPak claimed the top stop. “This honor is congruous with our market position of energizing a culture of budget accountability,” says Ted Dacko, CEO.
June 1, 2011 – A review of XLerant’s BudgetPak from a prestigious third party source. XLerant, Inc., is better suited for organizations where user knowledge drives the budget creation process, as opposed to a centralized financial model or complex equations driving it.
December 13, 2011 – Two-thirds of U.S. college and university budget directors give their Excel-driven budget process a ‘C’ grade or lower. A survey by XLerant, Inc., shows that while mounting economic pressures make budgeting and planning more critical than ever, most collegiate budget leaders say their process falls short.
November 3, 2010 – Connecticut Innovations (CI), today announced that it has made a follow-on investment of $500,000 in software solutions company XLerant Inc. of Stamford, CT, through its Eli Whitney Fund. CI’s investment is part of a funding round also involving individual investors. “Connecticut Innovations’ investment will support our ability to build our team and expand to address the huge demand from mid-sized companies looking for a solution to the complexity of the budget process,” said XLerant CEO William Wilcoxson.
October 20, 2009 – XLerant, Inc., was named Editor’s Choice by Accounting-Payroll-Software.Org for Budgeting and Planning Software. There were five software packages reviewed, and XLerant’s BudgetPak claimed the top spot. “We’re flattered and honored” said Lawrence Serven, XLerant’s Co-Founder, “this is recognition of a lot of hard work by our development staff and their amazing thought leadership in this area.”
November 1, 2008 – American Productivity & Quality Center. APQC Best Practices in Planning Podcast. Founded in 1977, APQC is a member-based nonprofit that provides benchmarking and best-practice research for approximately 500 organizations worldwide in all industries.
September 19, 2008 – XLerant was recognized as one of 100 technology “Companies to Watch” for 2008 at the second annual Innovation Pipeline Awards and Technology Showcase in front of over 350 guests at the Dolce Innovation Center. Matthew Nemerson, the CTC President and CEO, notes “we look at hundreds of new ideas and start-ups every year and the companies recognized here are the ones we feel are not only the most exciting but have a real chance to become fast growing new firms.”
November 22, 2007 – The Connecticut Technology Council has presented its Innovation in Financial Services Software award to XLerant, a developer of software addressing corporate financial procedures. Software created by a Stamford company to ease the budgeting process for businesses of all sizes is starting to garner accolades.