Host Analytics Introduces Excel Model Migration
Proquest LLC |
Host Analytics has introduced a mechanism to transform and move Microsoft Excel models into a centralized, secure, cloud-based EPM environment to facilitate financial planning and reporting.
According to a release, the new Host Analytics AirliftXL technology -- now included at no additional charge as part of the Host Analytics EPM Suite.
The "lift" comes from the ability to:
-Capture and reuse Excel formulas, formatting and model structures
-Automatically validate existing spreadsheets to prevent moving errors into EPM applications
-Rapidly migrate existing models from legacy on-premises EPM applications
The new product extends the value of cloud-based EPM by enabling finance and accounting professionals to break free of Excel's security, scalability and manual process limitations without losing their investment in Excel skills and models.
"As a former Senior Director for Software Development for the Oracle Hyperion Essbase and SmartView products, I witnessed the impact of OLAP and Excel front-ends on finance and accounting professionals," said
Host Analytics is a provider of cloud-based financial applications.
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