SOURCE: Venice Consulting Group

 

CULVER CITY, CA--(Marketwire - July 24, 2008) - Venice Consulting Group (VCG), a leading software development and consulting firm, today announced the release of Business Intelligence Studio (BIS) software for Microsoft Office PerformancePoint Server 2007. The new software solution provides numerous features that help companies maximize their investment in PerformancePoint Server through user-friendly interfaces, creating financial applications that are easier to use and richer in information. BIS was developed by Orange Peel Inc., a joint venture of VCG and Solver Inc.

Since its release in 2007, Microsoft PerformancePoint Server (PPS) has grown in popularity through its host of Business Performance Management capabilities and its integration with Microsoft Office. PPS 2007 focuses on delivering three primary missions of planning, monitoring and analytics. BIS enables full utilization of all PPS 2007 features. It is a solution that accelerates the implementation of PPS, enables end user productivity and provides valuable budgeting/planning functionality to facilitate better Business Performance Management.

Real-World Benefits

BIS lets users combine data from several cubes; for example, employee salary per year in the user model with the salary increase percentage from the assumption model. This ensures an easy to use end-user environment without having to juggle with multiple workbooks.

BIS also gives users the option to add members on the fly directly through the Microsoft Excel budget model versus having to go to the PPS console, for example if a department manager needs to add a new employee.

For Line Item detail, (such as detailed travel expenses below the GL account level) users do not have to first add each line item as a dimension member in the data warehouse. Instead BIS will handle this automatically within Excel, enabling dynamic input forms.

"Companies are placing great importance on using data to gain competitive advantages, whether through internal process improvements or changes which affect the bottom line," says Per Solli, chief executive officer for Orange Peel. "Yet the issue isn't a lack of data. The dilemma is how to process and interpret the data to make meaningful decisions. Business Intelligence Studio is the perfect complement to any company using Microsoft PerformancePoint Server to take business intelligence to the next level."

Innovative Features

Samples of the new features in BIS include:

Multi-Model Forms: Custom template-based controls can be assigned multiple times to one form and can be controlled from the slicer. It can submit to multiple models and scenarios without having to change from one Excel form to the other; multiple cubes can be linked to the same slicers.

Line Item Detail: Update/create/ remove records from the transaction table, reference multiple measures within one model, read multiple models within a line item.

Custom Form Controls: Drop down boxes, check boxes, short and long text boxes, and linked drop downs enable data entry with checks and controls, to ensure better data quality, smoother budgeting and forecasting processes which provide better business performance management in your organization.

Simplified Dimension Maintenance (Memberset Editor control): Create new members at runtime with the use of the Memberset Editor Control. New members can automatically be added to existing membersets without having to redeploy the cube. Editor allows for editing and deleting of existing members as well.

"The product was built from the ground up with the end user in mind," says Niels Hansen, chief technology officer for Orange Peel. "The manager who has to analyze and report on a regular basis will appreciate how each feature of BIS makes their lives easier. Companies spending resources on integrating Performance Point Server into their corporate environment will find their investment in BIS quickly paid back through efficiency gains."

To watch video clips on how BIS can improve your business process management, please visit http://screencasts.orangepeelcorp.com.

To learn more about BIS or to set up a live demo, please visit www.orangepeelcorp.com.

About Venice Consulting Group

Venice Consulting Group is a leading software consulting and development company specializing in time-sensitive and mission-critical system development. Our solutions encompass application integration, content management, internet Software-as-a-Service (SaaS) development, search, web portals and web/interactive design. With extensive experience in technologies such as Microsoft .NET, Java, AJAX and Flash, our team of seasoned consultants deliver quality solutions on time and within budget. Our team has deep industry experience that crosses many vertical markets from real estate to media & entertainment to new start-up ventures. Some key firm clients include: FOX Broadcasting, On Assignment, GoTV Networks, Sony Connect & TeamOne Advertising for Lexus to name a few. Please visit us at www.veniceconsulting.com to learn more.

About Solver

Solver has over ten years of experience in implementing comprehensive performance management, budgeting/planning, analytics and scorecarding solutions for corporations and public sector organizations in the United States and around the world. Solver specializes in delivering innovative business-driven solutions to the market place that leverage Microsoft products and technology platform. For years, Solver has supported Microsoft with consultants and subject matter experts, assisting with internal implementations and providing strategic product input. Solver is a Microsoft Gold Certified Partner. For more information call 800-281-6351 or visit the web site at www.solverusa.com.