A3 Solutions Announces A3 Financial Modeling; New Planning Software Drives Enterprise Accountability and Agility.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--April 1, 2003 A3 Solutions Incorporated today announced the availability of A3 Financial Modeling(TM), a web application for financial modeling and analysis that can be deployed in days. Featuring three fully integrated software Separate software components or applications that have been combined into one package. See integrated software package. modules: Compensation Modeling, Capital Modeling, and Expense Modeling, A3 Financial Modeling is for the enterprise looking to increase visibility to detail within their budgeting, forecasting and reporting processes to drive corporate accountability and agility. A3 Financial Modeling is the latest packaged offering that A3 Solutions has released on A3 Modeling(TM), the leading corporate web-based software solution for modeling. Optimized to work within analytic environments, A3 Modeling is a scalable technology for creating and integrating web-based modeling applications throughout an enterprise without business interruption. Because A3 Modeling is easy-to-use and to administer, this technology is appropriate for publishing read-only reports over the web, and for managing interactive read-write analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. such as budgeting and forecasting. "A3 Financial Modeling radically reduces the cost of managing detail in budgets, forecasts and reports," stated A3 Vice President of Marketing R. Todd Kerr. "It makes sense for enterprises committed to OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. and those just developing their analytic processes." Because models within the application are as easy to configure as spreadsheets, this product can be easily administered by a financial analyst without the involvement of IT. Three Integrated Modules A3 Financial Modeling combines Expense, Capital and Compensation packages in an integrated budgeting and forecasting application. Built on a multidimensional OLAP foundation, A3 Financial Modeling provides flexible access to GL accounts, allowing users to view and establish expenses by department, by product, by project, or by cost center. Salary, payroll and bonus expenses are linked to the Compensation module which enables detailed headcount and benefits forecasting at the employee level, the company level, and every level in-between. Extensive "what-if" features allow users to explore the effect of changing headcount levels, changing start dates, salaries, and others. The Capital Forecasting module lets companies flexibly model the acquisition, depreciation or amortization and retirement of corporate assets. A3 Capital Forecasting lets users to do sophisticated asset modeling using any number of assets, asset classes and depreciation methods. In all modules, new items, such as assets, expenses or heads can be added easily by the end user, without DBA intervention. Web-Delivered. Use online or off Like all A3 Modeling applications, A3 Financial Modeling delivers models either to the browser in HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. or directly to Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. (TM) where users have the option of working online or offline. For models opened in Excel, planners can reference ancillary worksheets to create the higher-level numbers that are used by Finance and Forecasting. This unique approach allows for the handling of far more business detail, such as employee-level and asset-level detail, within the application. A3 Financial Modeling also reduces cycle times with streamlined workflow, and process administration features. A3 Financial Modeling can easily be extended with additional models to address: revenue modeling, profitability, cash flow and balance sheet. Furthermore, Financial Modeling ships with a personalizable dashboard to give analysts, managers and executives immediate insight into their performance. Availability A3 Financial Modeling is available now. To learn more about A3 Modeling, please contact A3 at info@a3si.com or call 1-800/666-CUBE for more information. About A3 Solutions Incorporated (www.a3si.com) Company: Based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , A3 Solutions is a longstanding pioneer of financial forecasting software Customers include: American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , Avon Products, Safeway, Del Monte, McDonald's of Canada, Staples, Toyota Motors, UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX , and Verizon. Partners: A3 has established several marketing partnerships, including Hyperion Solutions (Nasdaq:HYSL, News), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange :IBM, News), Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade , News), and ShowCase, a division of SPSS A statistical package from SPSS, Inc., Chicago (www.spss.com) that runs on PCs, most mainframes and minis and is used extensively in marketing research. It provides over 50 statistical processes, including regression analysis, correlation and analysis of variance. (Nasdaq:SPSS, News). To contact A3 Solutions, go to www.a3si.com or call 1-800/666-CUBE (2823). |
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