Excel4apps Accelerates FSG Report Conversion for Oracle Users with Latest GL Wand Release

Mon Oct 12, 2009 11:10am EDT
 
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Excel4apps Accelerates FSG Report Conversion for Oracle Users with Latest GL
Wand Release
New FSG Converter helps organizations quickly transform Oracle reports into an
easy-to-use Excel format







SAN FRANCISCO, Oct. 12 /PRNewswire/ -- Oracle OpenWorld -- Excel4apps, a
provider of best-in-class Excel-based reporting and budgeting software for
Oracle (Nasdaq: ORCL) users and member of the Oracle PartnerNetwork, today
announced the release of GL Wand 3.90. The upgrade includes a feature for fast
conversion of reports from Oracle's Financial Statement Generator (FSG) into a
familiar Microsoft Excel format. Within minutes, GL Wand's FSG Converter
transforms an Oracle FSG report into a formatted, refreshable and drillable
Excel spreadsheet that accesses live financial data through GL Wand's tight
integration with Oracle.


"The FSG Converter allows companies that have invested in customized FSG
reports to convert them to Excel with minimal effort for future manipulation
in GL Wand," said Chris Meyer, Director Americas for Excel4apps. "Because
accountants and financial analysts are working with GL Wand's Excel front end,
they can easily edit the former FSG reports without the need for SQL coding
and other information technology support, enabling a more productive
organization."


The FSG Converter feature quickly extracts and transfers Oracle FSG row and
column set definitions into Excel.  GL Wand's sophisticated drill-down
capabilities allow users to view live Oracle data at the journal and
sub-ledger levels, as well as see multiple transactions at once. This
flexibility has improved productivity for users like Alliance Coal.


"GL Wand's FSG layout of Excel files is easy to work with and provides a great
guideline for converting FSG reports, which now takes hours instead of days,"
said Steve Coop, Corporate Finance and Planning Manager for Alliance Coal.
"For reporting and account reconciliations, we find GL Wand a must have tool."


Coop also commented on GL Wand's ability to convert complex reports, such as
Alliance Coal's cash flow statement, which includes multiple budget-to actual
comparisons.


"With the FSG Converter, we quickly converted the cash flow statement and
released the report in just over one day," described Steve Coop. "Previously,
we had to create SQL code to download row and column information and merge
multiple cells using complicated Excel formulas - a time intensive process. We
appreciate how Excel4apps continually adds new GL Wand functionality like the
FSG Converter so we can spend time analyzing data rather than formatting it."


About Excel4apps


Excel4apps is a provider of best-in-class Excel based reporting and budgeting
software for Oracle users. Its award winning GL Wand and Budget Wand products
help Oracle financial professionals save time by delivering accurate and
secure information in the familiar Excel environment.  The company serves a
broad range of industries, including financial services, education, utilities,
insurance, hospitality, manufacturing and engineering.  All products are
available for immediate download and free trial, installing in minutes with no
data warehouse and no additional hardware, setup or security configuration
needed.  Excel4apps maintains offices in the United States, United Kingdom,
Australia, United Arab Emirates and South Africa. More information is
available at www.excel4apps.com.


About the Oracle PartnerNetwork


Oracle PartnerNetwork is a global business network of more than 20,000
companies who deliver innovative software solutions based on Oracle software.
Through access to Oracle's premier products, education, technical services,
marketing and sales support, the Oracle PartnerNetwork program provides
partners with the resources they need to be successful in today's global
economy. Oracle partners are able to offer their customers leading-edge
solutions backed by Oracle's position as the world's largest enterprise
software company. Partners who are able to demonstrate superior product
knowledge, technical expertise and a commitment to doing business with Oracle
qualify for the Certified Partner levels.
http://oraclepartnernetwork.oracle.com/.








SOURCE  Excel4apps

Monica Shaw, Carabiner Communications, +1-770-367-9534, mshaw@carabinerpr.com,
for Excel4apps

 

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