23
Sat, Nov
1 New Articles
  1. You are here:  
  2. Home
  3. News
  4. Analytics & Cognitive News
  5. Business Intelligence
  6. NGS Releases Financial Analytics Solution for System i

NGS Releases Financial Analytics Solution for System i

Business Intelligence
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

New Generation Software (NGS) has recently announced Decision Assist-Financial Performance, a new financial analytics solution for IBM System i customers and ISVs that want to modernize and streamline their financial reporting and analysis processes without having to move their general ledger (G/L) data off the System i.

The solution, developed with NGS' business intelligence application development tools, integrates with and enhances the presentation of DB2 data through the use of Adobe Flash and Microsoft Office software. It includes a Web portal, financial performance dashboards, multi-dimensional models, Excel spreadsheets and reports, all built over a DB2 data mart on the System i. Decision Assist-Financial Performance supports i5/OS V5R1 and above.

NGS offers a fully-integrated version of Decision Assist-Financial Performance to users of the company's Concert Series G/L software. Training is available to help System i customers and ISVs link the solution to other System i-based G/L applications. NGS will introduce Decision Assist-Financial Performance to System i users in a Webinar July 19th.

Decision Assist-Financial Performance dashboards include:

  • Income statement by revenue, gross profit, selling expenses, G and A expenses, operating income, and net income
  • YTD trial balance by organization, account, and month
  • Actual vs. budget by organization, account, and month; actual vs. budget
  • Cash flow from operations, investments, and financing
  • Non-cash deductions from Income
  • Changes in operating assets and liabilities
  • Balance sheet ratios including current, quick, debt to asset, cash, debt by month

    Reports that output to Excel spreadsheets, NGS-IQ's OLAP module, PDF, HTML, and more include monthly balance sheet, cash flow, income, and trial balance; actual vs. budget by month, by quarter; comparative income statement; and account analysis by period.

    "We know many companies would like to reduce the time they spend assembling financial reports each period and improve the quality and reliability of what they present to their board, investors, employees, and auditors. With Decision Assist-Financial Performance, they can achieve those goals," explains Bernard Gough, CEO and president of New Generation Software.

    Companies with SOX, HIPAA, PCI, or other compliance concerns, can license NGS' IQ SeQure security management system with Decision Assist-Financial Performance to give them control over data access at the field and record level by user. This module also enables a customer to block specific users from functions such as FTP, e-mail, and downloading data to Windows.

    With over 20,000 iSeries users across the globe, NGS has been an industry leader since 1982 in developing high performance, field-proven business intelligence and financial management software for midrange users. Both NGS-IQ Business Intelligence and the Concert Series Financial Management System are recognized by IBM as IBM ServerProven Solutions. NGS is an Advanced Member of IBM PartnerWorld and a member of the System i Initiative for Innovation.

    • New Generation Software, Inc. (NGS) delivers high performance IBM i (iSeries, System i, AS/400) business software solutions to companies of all sizes and representing virtually all industries. Hundreds of people worldwide rely on NGS’ solutions every day. NGS is an IBM Business Partner and active supporter of the COMMON User Group and numerous regional IBM i user groups. In addition to IBM, NGS has strong business relationships with numerous independent software vendors and IBM solution providers. For more information, visit www.ngsi.com.

    BLOG COMMENTS POWERED BY DISQUS

    LATEST COMMENTS

    Support MC Press Online

    $

    Book Reviews

    Resource Center

    • SB Profound WC 5536 Have you been wondering about Node.js? Our free Node.js Webinar Series takes you from total beginner to creating a fully-functional IBM i Node.js business application. You can find Part 1 here. In Part 2 of our free Node.js Webinar Series, Brian May teaches you the different tooling options available for writing code, debugging, and using Git for version control. Brian will briefly discuss the different tools available, and demonstrate his preferred setup for Node development on IBM i or any platform. Attend this webinar to learn:

    • SB Profound WP 5539More than ever, there is a demand for IT to deliver innovation. Your IBM i has been an essential part of your business operations for years. However, your organization may struggle to maintain the current system and implement new projects. The thousands of customers we've worked with and surveyed state that expectations regarding the digital footprint and vision of the company are not aligned with the current IT environment.

    • SB HelpSystems ROBOT Generic IBM announced the E1080 servers using the latest Power10 processor in September 2021. The most powerful processor from IBM to date, Power10 is designed to handle the demands of doing business in today’s high-tech atmosphere, including running cloud applications, supporting big data, and managing AI workloads. But what does Power10 mean for your data center? In this recorded webinar, IBMers Dan Sundt and Dylan Boday join IBM Power Champion Tom Huntington for a discussion on why Power10 technology is the right strategic investment if you run IBM i, AIX, or Linux. In this action-packed hour, Tom will share trends from the IBM i and AIX user communities while Dan and Dylan dive into the tech specs for key hardware, including:

    • Magic MarkTRY the one package that solves all your document design and printing challenges on all your platforms. Produce bar code labels, electronic forms, ad hoc reports, and RFID tags – without programming! MarkMagic is the only document design and print solution that combines report writing, WYSIWYG label and forms design, and conditional printing in one integrated product. Make sure your data survives when catastrophe hits. Request your trial now!  Request Now.

    • SB HelpSystems ROBOT GenericForms of ransomware has been around for over 30 years, and with more and more organizations suffering attacks each year, it continues to endure. What has made ransomware such a durable threat and what is the best way to combat it? In order to prevent ransomware, organizations must first understand how it works.

    • SB HelpSystems ROBOT GenericIT security is a top priority for businesses around the world, but most IBM i pros don’t know where to begin—and most cybersecurity experts don’t know IBM i. In this session, Robin Tatam explores the business impact of lax IBM i security, the top vulnerabilities putting IBM i at risk, and the steps you can take to protect your organization. If you’re looking to avoid unexpected downtime or corrupted data, you don’t want to miss this session.

    • SB HelpSystems ROBOT GenericCan you trust all of your users all of the time? A typical end user receives 16 malicious emails each month, but only 17 percent of these phishing campaigns are reported to IT. Once an attack is underway, most organizations won’t discover the breach until six months later. A staggering amount of damage can occur in that time. Despite these risks, 93 percent of organizations are leaving their IBM i systems vulnerable to cybercrime. In this on-demand webinar, IBM i security experts Robin Tatam and Sandi Moore will reveal:

    • FORTRA Disaster protection is vital to every business. Yet, it often consists of patched together procedures that are prone to error. From automatic backups to data encryption to media management, Robot automates the routine (yet often complex) tasks of iSeries backup and recovery, saving you time and money and making the process safer and more reliable. Automate your backups with the Robot Backup and Recovery Solution. Key features include:

    • FORTRAManaging messages on your IBM i can be more than a full-time job if you have to do it manually. Messages need a response and resources must be monitored—often over multiple systems and across platforms. How can you be sure you won’t miss important system events? Automate your message center with the Robot Message Management Solution. Key features include:

    • FORTRAThe thought of printing, distributing, and storing iSeries reports manually may reduce you to tears. Paper and labor costs associated with report generation can spiral out of control. Mountains of paper threaten to swamp your files. Robot automates report bursting, distribution, bundling, and archiving, and offers secure, selective online report viewing. Manage your reports with the Robot Report Management Solution. Key features include:

    • FORTRAFor over 30 years, Robot has been a leader in systems management for IBM i. With batch job creation and scheduling at its core, the Robot Job Scheduling Solution reduces the opportunity for human error and helps you maintain service levels, automating even the biggest, most complex runbooks. Manage your job schedule with the Robot Job Scheduling Solution. Key features include:

    • LANSA Business users want new applications now. Market and regulatory pressures require faster application updates and delivery into production. Your IBM i developers may be approaching retirement, and you see no sure way to fill their positions with experienced developers. In addition, you may be caught between maintaining your existing applications and the uncertainty of moving to something new.

    • LANSAWhen it comes to creating your business applications, there are hundreds of coding platforms and programming languages to choose from. These options range from very complex traditional programming languages to Low-Code platforms where sometimes no traditional coding experience is needed. Download our whitepaper, The Power of Writing Code in a Low-Code Solution, and:

    • LANSASupply Chain is becoming increasingly complex and unpredictable. From raw materials for manufacturing to food supply chains, the journey from source to production to delivery to consumers is marred with inefficiencies, manual processes, shortages, recalls, counterfeits, and scandals. In this webinar, we discuss how:

    • The MC Resource Centers bring you the widest selection of white papers, trial software, and on-demand webcasts for you to choose from. >> Review the list of White Papers, Trial Software or On-Demand Webcast at the MC Press Resource Center. >> Add the items to yru Cart and complet he checkout process and submit

    • Profound Logic Have you been wondering about Node.js? Our free Node.js Webinar Series takes you from total beginner to creating a fully-functional IBM i Node.js business application.

    • SB Profound WC 5536Join us for this hour-long webcast that will explore:

    • Fortra IT managers hoping to find new IBM i talent are discovering that the pool of experienced RPG programmers and operators or administrators with intimate knowledge of the operating system and the applications that run on it is small. This begs the question: How will you manage the platform that supports such a big part of your business? This guide offers strategies and software suggestions to help you plan IT staffing and resources and smooth the transition after your AS/400 talent retires. Read on to learn: