InetSoft Technology, a provider of data mashup driven dashboard and reporting solutions, and Management Systems International (MSI), experts in financial planning and reporting, have announced a joint solution for interactive dashboard reporting on top of a financial consolidation and information management platform. The joint solution is intended to enable multinational firms using diverse ERP and financial systems to be able to visually understand and explore their financial data in order to manage their financial operations more efficiently.
MSI's Management Performance System (MPS), consolidates financial data into a Microsoft SQL data warehouse and controls multiple levels of viewing and update permissions giving divisional heads and the CFO the ability to effectively plan, manage, measure, and analyze corporate performance. Combined with MSI's expertise in project management and financial management best practices, customers can automate processes that improve efficiency to achieve strategic and tactical objectives.
"This combined financial dashboard reporting solution is a tremendous option for enterprises because they do not need to assemble two naturally complementary applications themselves," says Mark Flaherty, CMO at InetSoft. "Finance executives have been able to use the Management Performance System for great control and visibility across complicated organizational budget structures, and now they will have the power of InetSoft's visualization technology, whether in an CFO's executive dashboard or a financial analyst's multi-dimensional analysis to quickly view performance and to spot trends or variances."
Prior to availability of the joint solution, users of the MPS have relied on Excel-based tabular views of data to provide a familiar environment that leverages existing skill sets. Now, users will have access to graphical, information-packed interactive dashboards and visual analysis tools that the InetSoft business intelligence suite offers. The InetSoft visualization toolset, included in the BI platform Style Intelligence, enables quick drag and drop design of visually appealing charts and gauges driven by point-and-click controls such as filter lists and range sliders. The joint solution comes with several pre-built financial monitoring and analysis dashboards and can be extended as needed by the customer.
To learn more about the joint solution from InetSoft and MSI, visit www.inetsoft.com/solutions/financial_reporting/.