LONDON, September 23, 2010 /PRNewswire/ -- 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 Francisco.

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 added.

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 Angeles 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 http://www.claritysystems.com 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 Bull, Clarity Systems Limited, +44-203-178-4038, cbull@claritysystems.com; For Press and Analyst Inquiries: Lindsay Hodgins, Clarity Systems Limited, +1-416-845-8298, lhodgins@claritysystems.com

SOURCE: Clarity Systems Limited

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