ISG Software Research Analyst Perspectives

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for Topic: Financial Close
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IBM Acquires Clarity Systems for More Financial Performance Management

Posted by Robert Kugel on 28 November 2010

IBM announced it has acquired Clarity Systems, a Toronto-based vendor of performance management software and consulting. Terms of the deal were not disclosed. (My most recent blog and analysis about Clarity Systems can be found here. The acquisition fills an important hole in the IBM Cognos applications portfolio, as Clarity FSR is a leading application for automating and managing the...

Topics: Clarity Systems, Financial Close, Business Performance, Financial Performance, Financial Performance Management

Longview FXR Automates Close-to-Report Cycle

Posted by Robert Kugel on 28 November 2010

With its FXR offering, Longview Solutions becomes the latest entrant into the market for software that automates the close-to-report cycle. Addressing the steps in the accounting cycle after the books are closed, the product assembles this accounting data, data from other sources (for example, management data such as a business segment breakout of revenues and operating profits or nonaccounting...

Topics: Financial Close, LongView, Business Performance, Financial Performance, Workforce Performance, Financial Performance Management

Sneak Preview and Analysis: Oracle Fusion Applications for Financial Management

Posted by Robert Kugel on 28 November 2010

Oracle unveiled its Fusion Financials applications at its latest OpenWorld confab as part of its broader Fusion Applications announcement. The software will be generally available shortly. Beyond it being the approach to bringing together the disparate ERP/Financial applications the company owns (E-Business Suite/Oracle Applications, PeopleSoft and JD Edwards), Oracle Fusion Financials rethinks...

Topics: Financial Close, Business Performance, Financial Performance, Oracle, Financial Performance Management

Host Analytics Performance Management is Sweet in the Cloud

Posted by Robert Kugel on 28 November 2010

Most large corporations have embraced some form of “performance management” software – perhaps even multiple forms – including business analytics to help create key performance indicators, reporting systems for graphically presenting information in a useful context (such as dashboards, scorecards or a recurring performance report) as well as planning systems to create budgets and forecasts or...

Topics: Financial Close, Host Analytics, Business Performance, Financial Performance, Financial Performance Management

Dashboards for Continuously Improving the Close

Posted by Robert Kugel on 27 November 2010

Accelerating the completion of the accounting cycle remains an important objective for Finance organizations. Research shows that about half of the midsize and larger companies take more than five business days to close their books on a monthly or quarterly basis; some much longer. A fast, accurate close is important if only because it enables companies to provide financial feedback to executives...

Topics: Financial Close, Business Performance, Financial Performance, Financial Performance Management