TORONTO, ONTARIO — (Marketwired) — 06/17/13 — A survey, conducted amongst visitors to the Realcomm Conference in Orlando Florida last week revealed that 47% of attendees are shooting in the dark when it comes to making financial decisions that affect their entire portfolio, and a staggering 90% of respondents see the value in implementing a financial modeling solution to help them make better decisions faster.
The research, conducted by , the provider of budgeting, planning and forecasting solutions exclusive to the Real Estate Industry, also revealed that 45% of respondents confirmed that they still use Microsoft Excel to crunch their financial numbers.
“Tracking down the correct number when your worksheet cell displays -#VALUE!- can be a very frustrating experience, and can result in inaccurate numbers,” says Oren Rosen, CEO, Cougar. “So I-m not surprised that our research reveals that this financial savvy audience is still not 100% confident in the accuracy of their budget numbers.”
“The talk around the Real Estate water cooler nowadays is all about collaboration and our research shows that 42% of respondents are not confident that their internal departments can easily collaborate on the budget process.”
Cougar addresses many of these issues:
About Cougar
Founded in 1992 and serving clients worldwide, Cougar provides the only financial modeling tools the Real Estate industry needs for budgeting, planning and forecasting processes. Cougar-s integrated solution keeps all the information in one place, enabling a quick analysis of data across all, or a subset of properties, investments, portfolios or funds. Cougar counts among its customers several of the world-s leading property management and investment companies, pension plans and REITs. Cougar is a privately held company with offices in Canada, Australia, the United Kingdom and the U.S.A. For additional information visit:
Contacts:
Cougar Group Canada Inc. – Media Contact
Andy Birch
Director of Marketing
+1 905-760-7688 x 247 or Mobile: +1 416 -418-1307
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