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BizNet Introduces BizExcelerator Next-Generation Excel(R)-Based Financial Reporting for Sage MAS 500 Mid-Market Enterprises.


Pre-integrated Excel-based Accounting Tool Enables Powerful, Real-Time Reporting and Analysis, User-Friendly Setup and Dynamic Report Design

DALLAS -- BizNet Software, the experts in real-time, Excel[R]-based financial reporting and analysis solutions, has released the next generation of financial reporting software The following is a list of notable reporting software. Commercial software
  • 90 Degree Software
  • Actuate
  • Cognos BI
  • Combit List and Label
  • Crystal Reports
  • DBxtra - Reporting Software
  • i-net Crystal-Clear
  • InetSoft Style Report
 for large mid-market enterprise customers with the revolutionary BizExcelerator for Sage MAS 500 users.

The BizExcelerator financial reporting and analytics product provides simple yet powerful financial reporting and analysis capabilities to accountants for immediate control of the entire financial reporting and analysis process by ensuring data from the general ledger General Ledger

A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.

Notes:
The ledger uses two columns: one records debits, the other has offsetting credits.
 (G/L (General Ledger) G/L is often the acronym for the general ledger application in an organization. The general ledger maintains a summary of financial accounts for the business. ) ties to data in 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.
 spreadsheets.

"No other provider can offer MAS 500 users comprehensive, real-time Excel-based financial reporting and multi-dimensional analytics," says George McMann, founder, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BizNet Software. "Most of the industry's incumbent reporting tools are difficult to learn and use, only one or two people know how to create the reports, and the reports available do not give them enough flexibility. BizExcelerator removes all of those obstacles - for less than half of what CFOs have paid for less advanced solutions."

Securing and enhancing data sourcing and collection for Excel spreadsheet spreadsheet

Computer software that allows the user to enter columns and rows of numbers in a ledgerlike format. Any cell of the ledger may contain either data or a formula that describes the value that should be inserted therein based on the values in other cells.
 technology, BizNet's groundbreaking BizExcelerator solution eliminates all barriers to financial reporting for mid-market companies by allowing end users to operate in Excel - the standard language of business - while accessing the latest corporate financial data via direct integration with MAS 500. BizExcelerator also provides powerful, multi-dimensional analytical analytical, analytic

pertaining to or emanating from analysis.


analytical control
control of confounding by analysis of the results of a trial or test.
 capabilities without needing sophisticated business intelligence tools.

"Not only were we able reduce days off our closing cycle, but now I have immediate answers to 90 percent of my financial questions," said Linda Hill, CFO See Chief Financial Officer.  of Dallas-based G2 Secure Staff. "With about five minutes of training, I was able to build my own ad-hoc financial reports."

BizExcelerator from BizNet offers a cost-effective, efficient and powerful alternative to standard reporting solutions that results in high user acceptance and adoption, faster and more efficient reporting cycles, and increased business intelligence throughout the organization.

BizExcelerator offers full-featured functionality and usability How easy something is to use. Both software and Web sites can be tested for usability. Considering how difficult applications are to use and Web sites are to navigate, one would wish that more designers took this seriously. See user interface and usability lab.  at a fraction of the cost of traditional financial reporting packages:

* Full integration with Excel

* Pre-integrated with MAS 500 (no implementation cost)

* Convert existing spreadsheets into live reports

* Little or no training required

* Simple and fast installation in minutes

* Custom report-building for any user

* Drill to account detail, journal entries and accounts payable (all within Excel)

* Reporting against budget and actual numbers

* Utilizes account groups created in MAS 500

* Multi-dimensional analytics

* Report creation using account wildcarding, account ranges and account list

* Immediate journal entry posting and reflection

Available immediately through BizNet, the BizExcelerator for MAS 500 base package starts at $6,500. No additional hardware is required.

BizNet offers both an online demonstration and a free 30-day evaluation copy of BizExcelerator to prospective customers to try with their own data and report designs. Requests for evaluation copies can be made at www.biznetsoftware.com.

ABOUT BIZNET SOFTWARE:

BizNet Software[R], Inc. (BizNet) builds pre-integrated Excel-based financial reporting products for the mid-market. Founded in 1996 to take the mystery out of databases, BizNet focuses on data integration guided by financial and accounting professionals with a real-world understanding of corporate financial, operational and technical requirements to extract and present data with efficient, powerful and easy-to-use tools that leverage existing financial and desktop systems. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation.  BizExcelerator creates a direct, real-time link to databases for live access to the most accurate and current data in Excel-based spreadsheet reports. Built upon fundamental accounting disciplines and controls, BizNet solutions create a self-sufficient work environment for accounting professionals that streamlines workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle.  and improves productivity. For custom engagements, BizNet Consulting, a division of BizNet Software, Inc., provides consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 to help organizations utilize technology for improvements in performance management capabilities. BizNet Software is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 based in Dallas. More information about the company is available at http://www.biznetsoftware.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Dec 14, 2007
Words:637
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