October 31, 2014 – XLerant Inc. the leading provider of SaaS cloud-based budgeting software and creator of BudgetPak, has been chosen as one of the nation’s “20 Most Promising Tech Solutions & Service Providers for the Education Sector” by CIO Review magazine.

As one of more than 500 companies analyzed by CIO Review, XLerant was selected as a leading provider at the forefront of tackling customer challenges within the education arena.

“With universities and colleges under tighter financial cost constraints than ever before and institutions trying to plan various scenarios around enrollment, matriculation and retention, budgeting is no longer a mechanical exercise — it’s a strategic imperative,” said Ted Dacko, CEO of XLerant. “We are honored to be recognized for our expertise in this mission-critical financial process, and to be acknowledged as a leading partner for higher education institutions. More than anything this recognition shows that higher education institutions of all sizes expect a solution that provides financial controls and encourages collaboration during the budget process to engage the best thinking of faculty and staff department heads.”

CIO Review’s Education Technology Special was published in October 2014. In addition to highlighting premier higher education providers, the issue presents best practices from industry thought-leaders with hands-on experience managing technology challenges in educational institutions. XLerant’s story in CIO Review magazine can be viewed here.

About XLerant
XLerant, Inc. provides a cloud-based budgeting, forecasting and reporting solution for small to mid-sized organizations — designed for the needs of finance teams and budget managers. XLerant’s non-Excel interface engages budget managers and empowers them to make informed decisions to help achieve strategic objectives. XLerant’s powerful software-as-a-service (SaaS) solution has been recognized for outstanding usability, customer service, and ease of implementation. For more information, visit www.XLerant.com or follow @XLerant