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Comshare announces Commander FDC 4.0.


ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BUSINESS WIRE)--Dec. 17, 1996--

Application Provides Significant Reduction In The Month

End Closing Process With Complete Analysis And 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.  Capabilities

Comshare, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CSRE CSRE Comparative Studies in Race and Ethnicity
CSRE Closed System Respirator Evaluator
), The Decision Support Company, today announced the immediate availability of Commander(TM) FDC FDC - Floppy Disk Controller  4.0, a financial consolidation and management 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
 application used for financial reporting and analysis, designed to be implemented and used by financial professionals.

New features of Commander FDC 4.0 enable even shorter monthly closing cycles. This is accomplished by the new journaling and audit capabilities, OLAP functionality and robust modeling included in this release.

Other new features include:

-- Strengthened audit facilities - Provided by journal import/export

-- Increased efficiency of consolidation - Grouped journal operations

which allow users to select multiple journals

-- Complete history of any data element - Reconciliation report

tracks any data element through its history

-- Increased support for global organizations - FDC is now available

in French and German

"The 4.0 release provides complete analysis, and `what if' modeling (OLAP) capabilities directly attached to the application data mart A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse.  of FDC. This milestone now provides us with products and services which give a great deal of value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 to companies process re-engineering and improvement projects," stated Brian Hartlen, Comshare's senior director of business innovation.

Sulzer, a Swiss based company founded in 1834, is an FDC user and an FDC 4.0 beta site An organization or group that is beta testing hardware and/or software. See beta test. . According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Jenny Sturley, project leader, management support systems at Sulzer, "We are currently using Commander FDC 3.1 but are moving to FDC 4.0, because it enables us to accommodate larger structures and run structure reports in a non graphical way."

Sulzer is an international technology corporation with over 240 companies operating in over 40 countries. Sulzer provides plant and building services and produces a wide range of technical products including pacemakers, cardiovascular and orthopedic implants, pumps, compressors and turbines.

"Commander FDC's adjustment report filtering is a capability that we are ecstatic to see in the product. With 18,000 journals in our setup, it is imperative that we organize reports in many ways as well as experience a time savings. In particular, Commander FDC allows us to set up reports by adjustments, unit, ID prefix of date, month, year and even schedule type," said Sturley.

Commander FDC is a software application that does business reporting and analysis and financial consolidations. Its built-in accounting intelligence handles GL captures, intercompany eliminations, currency translations, journal entries and audit trails. The price for FDC 4.0 starts at $100, 000 and users include financial analysts, directors and vice presidents.

Comshare is The Decision Support Company. One of the top 50 software companies in the world, Comshare develops, markets and supports complete decision support applications designed to improve business analysis, planning, reporting and decision making. Comshare decision support applications result in better decisions, improved profits, and enhanced competitiveness for its more than 3,000 customers in over 40 countries worldwide.

For more information about Comshare products and services, call 1-800-922-7979 or see our home page on the world wide web at http://www.comshare.com

Comshare is a registered trademark; Commander FDC is a trademark of Comshare, Inc. All other trademarks are the property of their respective holders.

CONTACT: Comshare

Brian Hartlen, 313/994-4800

or

Eiler Communications

Larry Eiler, 313/761-3399
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 17, 1996
Words:545
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