Companies still relying on spreadsheets and other piecemeal financial planning and budgeting methods are the targets of a trio of new packages designed to provide an enterprise view of financial performance.
The emerging XML-based standard isn't widespread in Canada, but in deploying Extensible Business Reporting Language (XBRL) across its operations, Toronto-based TSX Group
Ottawa-based Cognos Inc. will use its Enterprise Planning software in a partnership with accounting firm Smart and Associates LLP, to offer a corporate performance management (CPM) solution that the companies said will streamline customer business efficiencies.
Business intelligence software vendor Hyperion Solutions Inc. has released a version of its financial management applications with features designed to help companies improve their internal accountability and comply with new financial reporting laws.
MicroStrategy Inc. recetly unveiled a new version of its Business Intelligence platform designed specifically to help companies meet the growing demand for transparent financial tracking and reporting to meet new government mandates.