Berwyn, PA. May 19, 2009 – arcplan, an established independent business intelligence solution provider, today announced the launch of arcplan Edge® (www.arcplan.com/edge), the next generation of arcplan’s budgeting and planning solution. arcplan Edge bundles arcplan’s web-based and SOA driven budgeting and planning solution with Excel-based reporting, budgeting and forecasting applications.
This powerful offering, comes from the recent acquisition of LumenSoft Corporation (www.lumensoftusa.com) and its innovative Excel-based technology for the budgeting and planning process closing the gap between web-based and excel-based technologies satisfying all the analytic needs of organizations. arplan Edge includes prebuilt solutions for revenue, expense, labor and capital planning that contain best practice functionality to dramatically reduce implementation time. The result is time saving solutions, combined with the flexibility of arcplan allowing the development and rollout process to be measured in weeks, not months, with application functionality that will meet and exceed business requirements and user expectations.
“Over the last 15 years, we have earned a very successful track record for meeting even the most specific and unique interface and workflow requirements for web-based budgeting & planning solutions. At the same time we learned from working with hundreds of clients that finance professionals want and will continue to use Excel for some of the modeling that goes into the budgeting and planning processes,” explained Detlef Kamps, CEO of arcplan. “By combining LumenSoft’s enterprise scalable Excel solution with the SOA-driven arcplan budgeting, planning and forecasting solution set and our federated query, analysis and write-back technology, customers are essentially getting the best of both worlds. They now have the options needed to meet various user groups’ requirements” he continued.
Many budgeting and planning solutions on the market attempt to replace existing Excel spreadsheet or other legacy environments used for budgeting and planning purposes. arcplan Edge on the other hand permits financial professionals to retain and enhance the look, functionality and feel of existing Excel or non-Excel based applications while at the same time adding required data-access, analysis, collaboration, security, and control and workflow elements. Furthermore, the native integration of arcplan Edge with products such as Oracle Essbase and any ODBC compliant relational data source, including Oracle, Microsoft SQL Server and Access and IBM DB2 ensures that customers can leverage their existing IT infrastructure, thereby avoiding costly implementation cycles.
arcplan is an established independent business intelligence solution provider delivering timely, contextual and actionable information that empowers businesses to improve business perfor-mance while leveraging existing infrastructure. Since 1993, arcplan has enabled more than 2,500 customers worldwide to achieve organizational efficiency through the powerful combina-tion of information and analysis proving beneficial to the bottom line. Get more information at www.arcplan.com.
arcplan’s flagship product arcplan Enterprise® was rated the #1 3rd party tool for SAP BW, Ess-base, and TM1 in The BI Survey 8 (2009).
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