Cartesis Propels Financial Analytics Beyond The Boardroom; Launches Magnitude iAnalysis to Help Business Managers Improve Corporate Performance.Business Editors/High-Tech Writers NORWALK, Conn.--(BUSINESS WIRE)--Oct. 16, 2003 Cartesis is giving CFOs the capability to deliver financial and operational information to a wider audience beyond the finance department in a completely secure manner. Magnitude iAnalysis offers powerful analysis via the Web, which provides insight into business data. Financial controllers can quickly navigate (1) "Surfing the Web." To move from page to page on the Web. (2) To move through the menu structure in a software application. corporate information and perform in-depth analysis, which helps them track variances, diagnose diagnose /di·ag·nose/ (di´ag-nos) to identify or recognize a disease. di·ag·nose v. 1. To distinguish or identify a disease by diagnosis. 2. exceptions, and suggest corrective actions A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or almost instantly. Business managers can access timely and trustworthy information to rapidly assess critical issues, provide additional contextual information to the CFO See Chief Financial Officer. , and help them make intelligent decisions. All this contributes to improving their business performance. "Magnitude iAnalysis is another example of a solution that has been designed to help CFOs deliver the story behind the numbers quickly and efficiently," said Marie-Noelle Gauthier, 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 Cartesis. "Traditionally, most people outside the finance department haven't had access to this level of information. It's therefore never been easy for business managers to check key indicators and adapt their strategy accordingly. With iAnalysis these managers are able to see almost at a glance how they are performing and any trends or exceptions they need to be aware of. This information therefore clearly contributes to improving business performance," Gauthier continued "Cartesis Magnitude iAnalysis is a key component of the Cartesis Suite. It allows business users to access and analyze the corporate financial data stored in the central integrated data model in an easy, flexible, and very granular granular /gran·u·lar/ (gran´u-lar) made up of or marked by presence of granules or grains. gran·u·lar adj. 1. Composed or appearing to be composed of granules or grains. 2. way via the Web," explained Jean-Claude Chevalier, Financial Reporting Systems Manager at Lagardere, a leading French media and high-tech company, and customer of Cartesis. "Such ad-hoc analysis capabilities form a key part of Business Performance Management." Magnitude iAnalysis has features such as guided analysis to lead business users through important data as well as templates and wizards to speed up the creation of analysis reports. The web based Coming from a Web server. See Web application. interface does not require any specific training and business users are up and running in a matter of hours. Magnitude iAnalysis leverages the recently announced partnership with Crystal Decisions, one of the leaders in business intelligence, as well as Microsoft technologies and the rest of the Cartesis Suite. Relying on industry standards relieves the deployment and maintenance pain, increases the IT acceptance and reduces total cost of ownership. About Cartesis Cartesis provides CFOs with a unique business performance management solution to deliver the whole 'story behind the numbers' with unparalleled clarity and insight. Leading multinational companies around the globe rely on Cartesis software applications to get the full picture and offer timely and relevant information to their stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . The company maintains offices in Brussels, Frankfurt, London, Madrid, Norwalk (CT), Paris, Tokyo and Utrecht. Cartesis products give global companies the analytic capacity In complex analysis, the analytic capacity of a compact subset K of the complex plane is a number that denotes "how big" a bounded analytic function from  can become. and the flexibility they need to assess the rapid changes in their
market places. One in five of the Fortune Global 100 and more than 30%
of the Financial Times European Europeanemanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. 100 use Cartesis solutions to obtain unprecedented command over their financial information and processes. For more information about Cartesis, please visit our website at www.cartesis.com. |
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