Accurate partners with IntelligentApps to demonstrate Financial Intelligence
Accurate Business Solutions - the leading Business Intelligence solutions provider - will partner with OLAP reporting experts IntelligentApps to demonstrate the Accurate Financial Intelligence template at the forthcoming World conference of The Data Warehouse Institute in London on 26th - 30th November 2001.
The template provides all the building blocks required to implement a Financial Intelligence solution in a matter of days. The solution is based on Microsoft's class-leading Analysis Services database, and will support financial packages from the key ERP vendors.
The first release of the template delivers advanced analytics from Oracle Financials information. Business oriented Analysis Services cubes are automatically generated and maintained by Accurate's template components. IntelligentApps for Excel is used to deliver the information to financial users in an environment that they are already familiar with.
Andy Mellor, Technical Director with Accurate Business Solutions, explained the rationale behind the template: 'From our experience implementing Financial Intelligence solutions, we realised that many of our clients were not taking advantage of the information contained in their financial packages. The packages are designed to effectively record and collate transactional information, and they do this well. When it comes to analysing and reporting on the information, however, the packages tend to struggle. A system designed for good transactional performance will not perform reporting activities equally well. The template allows our clients to unlock this information and gain new insight and business value.'
'When designing the solution, we deliberately chose leading-edge components that we knew would deliver what our clients want. Microsoft Analysis Services is a unique product, providing a robust, flexible and scalable On-Line Analytical Processing (OLAP) platform. Equally important is the fact that the platform is incredibly cost-effective - it will set you back a fraction of the amounts charged by other OLAP vendors.'
'IntelligentApps for Excel was chosen for its ability to deliver ad-hoc reporting and analysis capabilities in an Excel environment. Users can interactively 'slice and dice' the information from Analysis Services and generate highly formatted reports and briefing books for distributing the information.'
Paul Martin, CEO of IntelligentApps praised the solution: 'IntelligentApps provides a complete set of reporting tools for Microsoft Analysis Services, totally integrated into Excel. This solution demonstrates the benefits of using IntelligentApps in the Financial Intelligence arena and shows how powerful reporting capabilities can expose hidden trends and realise informational assets.'
Steven Tassell, Partner Business Manager at Microsoft approves of the approach: 'Accurate's template encapsulates their knowledge of delivering Business Intelligence solutions with the power of the Analysis Services platform. The speed of implementation brought by the template approach, and choice of cost effective software components, means advanced Financial Intelligence capabilities, once restricted to small departments, can now be delivered to all users with financial responsibility.'
Accurate Business Solutions provide Business Intelligence solutions to a wide range of blue chip clients across industry sectors. The solutions address operational and strategic Business Intelligence requirements.
For further information please contact:
Accurate Software Ltd
Tel: + 44 (0) 118 977 3889
Fax + 44 (0) 118 977 1260