Bonhams Chooses CLARITY 7(TM) for Corporate Performance Management

By Clarity Systems Limited, PRNE
Wednesday, September 22, 2010

Bonhams Chooses Clarity Systems for its Corporate Performance Management (CPM) Needs in London, UK and San Francisco

LONDON, September 23, 2010 - Clarity Systems, a leader in corporate performance management (CPM) and
external reporting solutions today announced that Bonhams, one of the most
renowned auction houses in the world, has purchased the CLARITY 7 solution to
automate financial planning, budgeting and reporting in London, UK and San

"Clarity will provide a flexible but controlled user interface for our
budgeting and planning application, but most importantly it will also allow
us to leverage the existing budgeting templates that we have been utilizing
across the organisation. The fact that Clarity is able to offer multiple
views into the same application significantly assists us, given the differing
local requirements." said Mr. Lee Rendall, Financial Controller, Bonhams.

Clarity Systems is the leading independent CPM specialist, providing
enterprises with a single, unified web-based solution to address their
financial budgeting, planning, forecasting, consolidations, scorecarding and
analytic needs.

"Clarity's strong understanding of the key business requirements in a
global enterprise made us the perfect fit for Bonhams and the obvious choice
when compared directly with other solutions available" said Paul Hill, COO,
Clarity Systems. "This win and others across the EMEA and US regions
demonstrates our ability to compete for CPM solutions anywhere in the world,
providing enterprises with a truly unified and open approach to CPM," he

About Bonhams

Bonhams is a privately owned British auction house, established in 1793,
one of the world's oldest and largest auctioneers of fine art and antiques.
The Bonhams name is recognised worldwide throughout all sectors of the fine
art, antiques and collectors' markets, with several Departments established
world leaders within their specialist category. Bonhams' annual revenue
exceeds $400M with two prestigious auction rooms in London's New Bond Street
and Knightsbridge. Bonhams also has a worldwide network of offices and
regional representatives in 25 countries, sales offices in San Francisco, Los
and New York in the USA as well as other locations around the world.

About Clarity Systems

Clarity Systems delivers software solutions to the Office of Finance. The
company's software helps organisations around the world improve their
budgeting, planning, forecasting, consolidations, scorecarding, modeling and
management reporting processes, and also automates the external reporting
processes required to produce regulatory and statutory reports. Clarity's
unified applications help CFOs reduce risk while simultaneously improving
operational efficiency. For more information, please visit Clarity's website
at or call +44(0)203-178-4038 in the UK or
+1-877-410-5070 in North America.

For further information: on Clarity Systems, please contact: Catriona
, Clarity Systems Limited, +44-203-178-4038,;
For Press and Analyst Inquiries: Lindsay Hodgins, Clarity Systems Limited,

For further information: on Clarity Systems, please contact: Catriona Bull, Clarity Systems Limited, +44-203-178-4038, cbull at; For Press and Analyst Inquiries: Lindsay Hodgins, Clarity Systems Limited, +1-416-845-8298, lhodgins at

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