SRC Software, a leader in providing flexibility and sophistication for enterprise budgeting, reporting and performance management, announced the renewal and expansion of their partnership with Frango, one of the world's leading suppliers of specialized software for statutory consolidation and management reporting, budgeting and forecasting. A distributor of SRC Software solutions in Europe since 1999, Frango will continue to resell SRC's performance management solutions throughout Europe, Malaysia, Hong Kong and Singapore.

More than 1,000 groups with subsidiaries in more than 100 countries rely upon the Frango System. Frango chose to distribute SRC Software solutions four years ago as customers sought software that could automate their forecast system, save time, improve reporting capability and most importantly, influence the entire operational process across the enterprise. SRC Software exceeded all of these requirements by providing a unique depth of personalized performance management functions, offering a true closed loop planning process.

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