CeBIT 2006: Tailored Financial Analysis With The CFO Cockpit From arcplan; Extensive Financial Analysis Capabilities Without Significant Upfront Investments; CFO Cockpit Ready to Use Within 24 Hours.

LANGENFELD, Germany & HANOVER, Germany -- arcplan, a leading global provider of business intelligence (BI) solutions, announced the launch of CFO Cockpit and the inauguration of its CFO Cockpit Community. This innovative concept, jointly developed by arcplan and its Netherlands-based partner Partake Consulting, optimizes the presentation of management information residing in existing financial consolidation systems. The CFO Cockpit can be implemented in just one day, without a hefty upfront investment, and be ready to deliver extended data analysis reports to Chief Financial Officers (CFOs). Executives are empowered with the right information at the right time and in the right format for goal-oriented corporate governance. At CeBIT 2006, arcplan is presenting the CFO Cockpit in the Forum for Business Intelligence and Enterprise Integration in Hall 3, Stand C45.

Using a consolidation system, enterprises can produce simple analyses of profit and loss, balances, and cash flow, but often lack the time and the means to produce vivid, extensive presentations and reports for more detailed analysis. This is where consistent, intelligent, and predefined reports can help. With the CFO Cockpit and the CFO Cockpit Community, arcplan and Partake Consulting have developed a way of optimizing the delivery of management information using existing financial consolidation systems.

The CFO Cockpit is an executive dashboard solution that CFOs can use to quickly obtain detailed reports on the information they need, presented in a concise, easy-to-read graphical format. CFO Cockpit Community members can start using the predefined reports within just 24 hours of implementation to accelerate their planning and reporting processes. Data can be analyzed quickly and easily without any need for technical or programming knowledge. Displayed as graphics, tables, and diagrams, complex data is much easier to understand and interpret, and the integrated drilldown functions enable users to obtain additional details with a systematic and problem-oriented search. Alongside its speed and ease of use, the CFO Cockpit is notable for its standardized features including bookmarks, commentaries, and a PDF creation tool.

Based on arcplan's BI platform, arcplan Enterprise 5.0, the CFO Cockpit integrates data from financial consolidation systems such as Hyperion Financial Management and Cartesis Magnitude. The data are transferred to Microsoft Analysis Services and visualized in detailed reports within the CFO Cockpit, ensuring consistency of the information from the various databases.

Implementation of CFO Cockpit can be undertaken directly by arcplan or by an arcplan partner. The advantage for users is that there are no implementation, development, or maintenance costs involved. Use of the system is linked to membership. CFO Cockpit Community members pay a monthly Community Fee that includes a license for any number of users to utilize the CFO Cockpit application. Based on expertise and experience contributed by members, arcplan will ensure the ongoing development of the reports and presentations together with the community, and continuously add new content to them.

"Faced with a constantly growing flood of data, the availability of business-critical information to underpin decision-making is crucial to business success and to goal-oriented corporate governance," explains Jeroen van der Lingen, CEO of arcplan Information Services GmbH. "On top of that, business life today is increasingly defined by compliance with legal requirements, and violating these can have serious consequences. That's why it's so important for CFOs to have quick and easy access to specialized analysis tools. With the CFO Cockpit, we've succeeded in creating a solution, together with our partner Partake Consulting, that not only fulfills these requirements, but that also offers CFOs significant added value."

Further information on the CFO Cockpit and the CFO Cockpit Community is available at www.cfo-cockpit.com.

About arcplan

arcplan is a globally successful software developer whose solutions enable companies to bridge business initiatives and IT resources for maximum productivity and competitive advantage. With arcplan's business intelligence platform, IT and business professionals can rapidly create highly functional Web-based applications without the cost and complexity of traditional solutions. arcplan Enterprise 5.0 is a best-in-class BI platform that leverages existing IT investments by integrating seamlessly with all enterprise data. Founded in 1993, arcplan has more than 1,800 customers and 230,000 users worldwide. Headquartered in Dusseldorf, Germany and Philadelphia, PA, arcplan delivers its solutions through a global direct sales force and a network of more than 130 partners providing support and services in over 30 countries. For more information, visit www.arcplan.com.

Press Info

Contents:

    --  Optimized delivery of management information

    --  Implementation of predefined reports within just 24 hours
        without major upfront investments