insightsoftware Acquires Calumo


insightsoftware, a Raleigh, NC-based global provider of financial reporting and performance management solutions for the Office of the CFO, acquired Calumo, a Sidney, Australia-based provider of a budgeting and planning solution.

The amount of the deal was not disclosed.

This deal expands insightsoftware’s position in budgeting and planning, specifically in the Asia Pacific region. The Calumo solution now integrates with insightsoftware’s financial reporting functionality to give mid-market customers the ability to report on every area of their business.

Led by Dominic Parsons, CEO, Calumo provides an all-in-one budgeting and planning solution which is fully integrated with Microsoft Office, which allows finance teams to build and update dashboards, reports and presentations with real-time data without ever leaving Excel, Word or PowerPoint. The system integrates to key enterprise systems such as Xero, Acumatica, Microsoft Dynamics Business Central, and NetSuite. The company serves more than 100 customers across a range of industries, including Allens Linklaters, Arts Centre Melbourne, LifeHealthcare, Macquarie University, Mainbrace Construction, New South Wales government and University of Canberra, among others.

insightsoftware is a provider of financial reporting and enterprise performance management software. Over 28,000 organizations worldwide use its portfolio of reporting, analytics, budgeting, forecasting, consolidation, and tax solutions to provide them with increased productivity, visibility, accuracy, and compliance.