Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CIS Global and Antarctica Systems Partner to Simplify Government Procurement and Asset Management Financial Analysis.


Business Editors/High-Tech Writers

VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 & SILVER SPRING, Md.--(BUSINESS WIRE)--Feb. 17, 2004--Antarctica Systems Inc. (ASI ASI,
n See Anxiety Sensitivity Index.
), a pioneer developer of visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all  software and CISglobal (CIS Cis (sĭs), same as Kish (1.)


(1) (CompuServe Information Service) See CompuServe.

(2) (Card Information S
), a leading provider of Enterprise Cost Management solutions, today announce the availability of IMADxp Analytics, based on Antarctica's Visual Net technology, as an integral part of the CIS' IMAPxp procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  and asset management suite.

Under the agreement, CIS and Antarctica Systems Antarctica Systems Inc. is a business consultancy company. Its mission is to help organizations get more out of their investment in Business intelligence (BI).

It was founded in 1999 by Tim Bray. External links
  • Antarctica Systems - Official Website
 will develop a number of modules to provide CIS customers with better visibility into their procurement costs and where opportunities exist to reduce the costs of the procurement process and asset visibility to help commanders quickly and easily determine where assets are being held and where the closest transferable asset would be.

"Critical to the financial mission of any organizations is the ability to provide accurate, reliable reporting to support finance and accounting functions that produce information for decision making. Our IMADxp suite has been extremely well received by the government, largely due to the simplicity of our approach in these areas," says Michele Dyson, President of CIS. "Our suite is every bit as powerful as other, more expensive procurement and asset management solutions; but our approach allows agencies to implement the suite quickly to begin maximizing their benefits and identify financial reporting weaknesses. Partnering with Antarctica has enabled us to round out our product suite and give our customers state-of-the-art financial management tools without sacrificing our commitment to simplicity. The addition of the visual analytics module further extends our competitive advantage and will help our customers maximize the use of their information. IMADxp provides an opportunity to verify financial management data, reduce project overruns, and validate financial management system reporting in compliance with federal mandates."

"Many opportunities to reduce procurement costs or better manage assets within government agencies are often missed because information workers simply cannot 'see' where and how big these opportunities are, even though the data exists within these agencies," states Barry Yates, 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 Antarctica Systems Inc. "Combining the CIS IMADxp capabilities with Antarctica will further reinforce CIS's commitment to simplicity and time-to-market. CIS customers will be able to navigate and interact with CIS IMADxp's comprehensive data repositories See repository.  to visually and intuitively identify opportunities to drive down procurement and asset management costs without having to deal with the difficulties of generating complex queries or reports to obtain that critical information."

Visual Net enables CIS customers to drill down through a series of visual maps to gain a deeper understanding of their information enabling them to "answer questions they don't even know they have" and identify problems before they become critical issues. For example with Visual Net, CIS customers will be able visualize and verify financial management reporting, identify possible project overruns, and identify and improve financial reporting. With Visual Net:

-- Size, shape, color and other visual cues are used to convey

important metadata and details, so users can identify, at a

glance, funding, obligated ob·li·gate  
tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates
1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force.

2. To cause to be grateful or indebted; oblige.
, and remaining funds in real time.

-- Macro and micro views are presented simultaneously. Users can

see as much or as little detail, as they would like, while

maintaining a shared, "big picture" view of all contract and

project details.

-- Users have access to multiple dimensions of data, on one

screen, so users no longer need to access several reports and

applications to explore milestones, performance, and rate of

spending.

Available immediately, IMADxp Analytics is 100% Web-enabled and can be deployed in only a few weeks.

About CISglobal.

CISglobal, founded by Michele Dyson in 1985, is an award winning web and wireless technology company located in Silver Spring, Maryland Not to be confused with Silver Springs.
Silver Spring is an urbanized, unincorporated area in Montgomery County, Maryland, USA. After Baltimore and Columbia, Silver Spring is the third most populous Census Designated Place in Maryland.
. CIS developed IMADxp, a web and wireless Procurement and Asset Tracking solution, in 1996 offering customers consistent accountability, performance reporting for core financial system decision using applicable accounting and SGL SGL

See Speculative Grade Liquidity Rating (SGL).
 standards. For most organizations, reconciling balances in real time is non-existent. Systems used to collect, validate, analyze, model, and publish federal acquisition spending cannot be viewed in real time making the financial data necessary to manage and make sound financial decisions unreliable due to outdated legacy financial systems, disparate and non-integrated information systems. IMADxp verifies data reported through organization's core financial systems. IMADxp live data verification allows reconciliation of source data against data reported. IMADxp offers life-cycle visibility of agency funding, obligation, remaining funds, and project performance. It makes the reconcilable rec·on·cil·a·ble  
adj.
Capable of or qualified for reconciliation: reconcilable differences.



rec
 difference for complete, reliable, consistent, and timely core financial management decisions. For additional information, please visit www.cisglobal.com or call 301-588-2977 Ext. 17.

About Antarctica Systems Inc.

Founded in 1999 by XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 co-creator and search expert Tim Bray Tim Bray (full name: Timothy William Bray, * May 21 1955 (1955--) (age 52) , Antarctica is a pioneer developer of visualization software. Privately held, Antarctica's investment partners include BDC (Backup Domain Controller) In a Windows NT server, a copy of the Primary Domain Controller (PDC). The BDC is periodically synchronized with the PDC. See PDC.

BDC - Backup Domain Controller
, Royal Bank Capital Partners, the Working Opportunity Fund and Primaxis Technology Ventures Inc. For additional information, please visit www.antarctica.net or call 866-NET-MAPS.

Antarctica and Visual Net are trademarks or registered trademarks of Antarctica Systems Inc. in Canada and foreign countries. All other referenced trademarks belong to their respective owners.

CISglobal and IMADxp are trademark and copy right protected.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Feb 17, 2004
Words:831
Previous Article:Emco Corporation Deploys Antarctica's Visual Net Software; Allows Improved Visibility to Increase Margins.
Next Article:AIT stays on the Leading Edge.
Topics:



Related Articles
Marketing U.S. cosmetics in the CIS.
Ice core heats up Antarctica.
NEW CACI ELECTRONIC PROCUREMENT SOLUTION TO INCLUDE DUN & BRADSTREET BUSINESS INFORMATION.
ADVISORY/ Digital Paper Teams With Managing Automation and ARC Advisory Group for Free E-Procurement Strategy Webcast.
Antarctica Systems Partners with MANDEX; Delivers Unique Visualization Software for Government.
Cost management.
Can federal agencies manage their "spend"?
CEO Spotlight.
Innovative procurement strategies.
Intragovernmental transactions: more important than ever for DoD's acquisition, procurement, and supply chain communities.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles