New offerings from Teradata partners

Managing enterprise-wide financial performance by bringing data to the Teradata environment

Every enterprise uses financial and finance-centric measures to report, monitor and analyze business activities, but few are able to do it with ease. Capturing and distributing timely and accurate financial information from different divisions, source databases, countries and time periods has become a monumental task.

The result: Managing financial performance across the enterprise is still more vision than reality. Companies have spent billions implementing ERP systems that have indeed delivered great advances in the automation and streamlining of clerical operations in most areas of business. However, financial information that is vital to companies is still locked up and scattered across various ERP and other business systems.

DecisionPoint Software delivers a Financial Performance Management solution to Teradata's high-performance, scalable platform—rapidly implemented and designed to handle the rigorous analytic requirements of the world's most complex enterprises. DecisionPoint's combination of intelligent sourcing from leading ERP systems; pre-built, finance-centric data models; and an integrated analytic environment helps companies quickly maximize the business value from existing or planned Teradata Warehouses.

DecisionPoint's pre-packaged physical data models help quickly and easily bring financial data into the Teradata environment. Once the financial data resides in Teradata, companies benefit from a world-class Financial Performance Management solution, and they can also integrate financial and operational data within a single view, offering visibility that is unparalleled in the marketplace today.

"At a time when most business intelligence and analytics vendors are focused on expanding their positioning and offerings into the wider business performance management market, there is still a requirement to focus on core finance-centric analytics that every company needs," says John Van Decker, former vice president, META Group. "The emerging applications space—financial performance management—coupled with a strong underlying data warehouse platform should be leveraged to enable this analysis to ensure performance and optimize compliance initiatives, including compliance-focused dashboards." T