Stockholm-Based Bonanza Education Expands Into U.S. Market
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Swedish Solutions for Financial Literacy Arrive in the United States Providing
Relief for Number Haters
POWELL, Ohio, Oct. 29 /PRNewswire/ -- Bonanza Education AB today announced it
is expanding into the world's largest business market by bringing its proven
financial literacy programs to the United States.
For more than 19 years, Bonanza has been providing relief to number haters in
Europe and Australia by using easy-to-understand graphs to represent financial
statement information. Bonanza delivers this innovative approach to financial
literacy through multiple channels - a two-day facilitated program, a
Web-based e-learning module and the visual language tool BonanzaGraf.
"Financial statements are considered a foreign language to a vast majority of
employees who work outside of the finance function at companies, and that is a
huge barrier to connecting them with the key drivers for business success,"
said Steven Wade, Chief Executive Officer of Bonanza Education USA. "The
financial literacy programs delivered through Bonanza's concepts translate
numerical tables into a universal graphical language that turn the once
difficult and avoided financial discussions into collaborative conversations.
When employees have a better understanding of the financial drivers for the
company, they make better decisions, and companies can unlock the embedded
innovation within their existing employee base."
The visual language developed by Bonanza enhances the skills and speed of
assimilation of employees who already have a grasp of financial principles and
enables those who don't like numbers to truly understand and begin to
contribute to the financial conversation. Several European banks have
successfully used the Bonanza concepts to build and enhance their
relationships with clients, as well as, explaining the client's own financial
situations.
Bonanza was founded in Stockholm, Sweden in 1991 by Peter Soderholm and Joakim
Ortner with the core belief that finance can be simplified, clarified and even
made to be fun. Their solution was to innovate a method to visualize financial
information and avoid classic spreadsheets and reports that only included
numbers. Nearly two decades later, the Bonanza concepts and programs are used
to simplify financial information in a dozen countries on three continents
across the globe.
About Bonanza Education
Since its inception in 1991, Bonanza Education has helped hundreds of
thousands of people to understand finance, profitability and business
challenges. The company's programs have been translated into multiple
languages with partners in a dozen countries. Today, the company provides
financial literacy programs in both the classroom setting and through highly
interactive modules over the Web. Bonanza's analysis and presentation software
is used in a wide range of companies to clarify the financial message,
facilitate analysis and unlock embedded innovation within the organization. To
learn more about Bonanza Education, visit http://bonanzaeducationusa.com
Contact:
Matthew Wolf
614.408.8410
mwolf@bonanzaeducationusa.com
This release was issued through eReleases(TM). For more information, visit
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SOURCE Bonanza Education
Matthew Wolf of Bonanza Education, +1-614-408-8410,
mwolf@bonanzaeducationusa.com
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