Comshare releases new "financial data mart for decision support;" dynamic new viewing and financial modeling capabilities.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)--April 10, 1996--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 a dynamic new version of Commander(TM) FDC/Budget, the financial consolidation, reporting and budgeting application software used for financial reporting and analysis by more than 650 medium-to-large organizations world-wide. New features enhance the ability of Commander FDC/Budget to provide one central financial 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 information for reporting, analysis and planning -- in short, enabling it to become an organization's single source for financial decision support. Among its many enhancements, the new version of Commander FDC/Budget adds three major new multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul  ti·di·men (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. ) functions: 1. Viewing and financial modeling facilities to allow scenario testing, "What-ifs?" and Goal-seeking. 2. DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S and EIS (1) (Executive Information System) An information system that consolidates and summarizes ongoing transactions within the organization. It provides top management with all the information it requires at all times from internal and external sources. analysis through Comshare's Commander Decision Desktop software. 3. Complex Group or 'Latin' accounting: providing facilities for companies in accounting areas where group accounting rules allow sophisticated group ownership calculations. Other new features include: o Full support, including data entry, for Lotus 1-2-3 and Excel o Consolidation site and reporting site spreadsheet interfaces for Excel/Lotus 1-2-3 o Enhanced adjustments o Notes on Journals o Immediate posting of journal entries o Balanced set In linear algebra and related areas of mathematics a balanced set, circled set or disk in a vector space (over a field K with an absolute value |.|) is a set S so that for all scalars α with |α| ≤ 1 o Account detail data entry o Enhanced exchange rate data entry o Complex group consolidations "Many Comshare customers have been using Commander FDC/Budget for consolidation and reporting for nearly six years now," said Steven J. Tonissen, senior vice president, marketing, Comshare. "The new features allow them to reap maximum benefit from their financial information database for all their financial reporting and decision support needs. With the new Commander FDC/Budget, Comshare customers can operate all the functions of consolidation, currency-conversion, reporting, analysis, modeling, EIS and Detect and Alert on a single database." The new Commander FDC/Budget can access data from existing financial sources including General Ledgers 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. , etc. It also contains ''Metadata" -- data about data (schedules, line-item financial relationships, currency rates etc.). The addition of a powerful new data entry module further enhances its capabilities. The new Commander FDC/Budget also incorporates Comshare's innovative Detect and Alert software. It allows a user to establish personalized monitors based on custom performance criteria. Software agents -- called "robots" -- inform the user when conditions occur that meet the pre-specified criteria. This allows an executive's time and effort to be directed at analyzing problems, rather than searching for them. 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 Decision, Commander Budget, Commander FDC FDC - Floppy Disk Controller , and Detect and Alert are trademarks of Comshare, Inc. All other trademarks are the property of their respective holders. NOTE: The world wide web address in this release contains a double slash after "http:" This symbol may not appear properly in some systems CONTACT: Comshare, Inc. Dan Jankowski, 313/769-8742 or Eiler Communications Larry T. Eiler, 313/761-3399 |
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