Financial management.

• Position: Technology Tools - ClosedLoop Solutions Inc. releases ClosedLoop Release 3.5 - Brief Article

ClosedLoop Solutions Inc., which supplies real-time, forward-looking financial management applications for dynamic financial control (DFC), has released enhancements to its enterprise financial management platform. The company claims that ClosedLoop Release 3.5 is the only suite of enterprise applications to enable dynamic revenue visibility and dynamic expense steering, key managerial capabilities that enable companies to sense market changes and respond with revised financial plans and operational actions to better achieve corporate financial targets.

"ClosedLoop supports our efforts to plan and track our contribution margin on a regional and functional basis," said Tom Beaudoin, senior vice president of finance and Acting CFO for Parametric Technology Corp. "It also improves our ability...