Decision Assist™ – Financial Performance is a new financial analytics solution for companies who want to modernize and streamline their financial reporting and analysis process without moving their G/L data off the IBM i (AS/400).
The pre-defined reports and presentations in Decision Assist – Financial Performance provide you with a new level of visibility into your financial position by graphically presenting financial metrics, budgets, assets, liabilities, and cash flow.
Decision Assist – Financial Performance can be easily customized and extended to meet other needs. It integrates with and enhances the presentation of DB2 data through the use of your Web browser, Adobe® Flash, Microsoft® Office, and the NGS-IQ business intelligence solution.
You get a Web portal, financial performance dashboards, pre-formatted multi-dimensional models, Excel spreadsheets and reports – all built over a high-performance, NGS-supplied DB2 data mart on the IBM i.
Decision Assist – Financial Performance Dashboards
- Income Statement by Revenue, Gross Profit, Selling Expenses, G & A Expenses, Operating and Net Income
- Year-to-Date Trial Balance by Company and Account
- Actual vs. Budget by Company and Account
- Net Earnings
- Non-Cash Deductions from Income
- Changes in Operating Assets and Liabilities
- Cash Flow from Investments
- Cash Flow from Financing
- Balance Sheet Ratios: Current, Quick, Debt to Asset, Cash, Debt to Month
You also receive the following standard reports, designed to deliver your data to Microsoft Excel spreadsheets, NGS-IQ's SmartView™ online analytical processing (OLAP) module, Adobe PDF, HTML, and more:
- Monthly Balance Sheet
- Cash Flow by Month and Quarter
- Income Statement by Month and Quarter
- Trial Balance by Month
- Actual vs. Budget by Month and Quarter
- Comparative Income Statement
- Account Analysis by Month and Quarter
If you have SOX, HIPAA, PCI, or other compliance concerns, you should license NGS' IQ SeQure™ security management system along with Decision Assist – Financial Performance to give your company the ability to control data access at the field and record level by user. This module also enables you to block specific users from functions such as FTP, e-mail, and downloading data to Windows.
How It Works
Decision Assist – Financial Performance is built on a DB2-based data mart designed specifically by NGS to include the data most commonly used in financial analysis and reports. You can use the NGS business intelligence application development tools and your own programs to copy data from your G/L files into this data mart. You simply run those jobs when you want to update the data mart. Next, you click on the "update" hyperlink provided on the Decision Assist – Financial Performance Web portal; all of the financial performance dashboards, OLAP models, spreadsheets, and reports update to reflect your new data.
Concert Series General Ledger Integration
If you are an NGS Concert Series™ G/L user, we provide you with the queries and programs needed to load your data into the data mart so Decision Assist – Financial Performance presents your G/L data immediately.
Implementation and Training
Decision Assist – Financial Performance is thoroughly documented, so your administrator can get familiar with the structure of the data mart and see the relationships between the queries, output files, and presentation files used in the solution. NGS provides the training and consulting you need to get Decision Assist – Financial Performance up and running quickly.
The Value of the Decision Assist Model
The Decision Assist – Financial Performance solution embodies the lessons learned by NGS' consultants during their 20+ years working with companies large and small in virtually every industry. It is designed to enable a company that uses the IBM i to enjoy the benefits of data warehousing without the lengthy implementation plan and ongoing staffing usually associated with this type of project.
The security, availability, and reliability of the IBM i make it your best platform for a financial reporting and performance management solution. NGS' proven business intelligence application development tools make customization a breeze and a rapid ROI possible. If you are new to NGS' family of business intelligence software, please ask your sales representative for more information.
Related customer story:
Waytek, Inc. - Energizer for Success with NGS-IQ Business Intelligence
NGS-IQ, Decision Assist, SmartView, IQ SeQure, and Concert Series are trademarks of New Generation Software, Inc. All other trademarks are the property of their respective owners.