Social Solutions Acquires Financial Performance Management Software Creator Esteam

The ongoing economic downturn has created increased need for performance management software and solutions as nonprofit organizations face unprecedented pressure to demonstrate results to funders as well as to better manage the money they receive.

"In this challenging economic environment, the ability to continue to grow our company and our capabilities speaks volumes to the ongoing performance management needs of the nonprofit sector," said Matt Schubert, CEO of Social Solutions. "In a time when every dollar is being scrutinized and every effort must have worth, we are very proud to be able to expand our performance management product line to include critical financial management capabilities and look forward to helping both our current and future customers achieve their missions."