Xtiva Announces SaaS BPM Portal
09/05/2008
Xtiva Financial Systems announced plans for its financial management and reporting portal. Xtiva chose the MicroStrategy Business Intelligence Platform™ to be included in the financial-services data enabled business performance management portal.
ebizQ received the following:
"Xtiva's business performance management portal is the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management, and business policy management tools to support today's needs for managed solutions to meet a wide range of business, operations, finance, and technology needs. The Xtiva portal combines Xtiva's next generation data consolidation, calculation, and business rules engines with MicroStrategy's leadership in business intelligence into one seamless Software-as-a-Service suite of products. Xtiva's Business Management Portal delivers the industry's most flexible reporting and analytics capabilities; providing our clients with the advanced tools they need to manage their businesses," said Andrew Peterson, VP Technology at Xtiva. "The next versions of our applications, slated for release beginning in Q4 this year, will include material advancements in the way enterprises manage business information for the entire enterprise."
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Xtiva's new portal enables clients to:
Improve the quality and focus of reporting across the enterprise
Reduce total cost of ownership of advanced enterprise reporting solutions
Manage revenue and expenses more effectively
Bridge the huge gaps between regulatory and financial reporting today
"We are pleased that Xtiva selected the MicroStrategy platform to incorporate into its new portal," said MicroStrategy's COO Sanju Bansal. "MicroStrategy's analytical richness and intuitive Web interface provide detailed analysis of granular-level data to help users make more proactive, analytically-based business decisions."
The Xtiva business performance management portal provides full support for revenue and expense consolidation, revenue and expense allocation, compensation management, and unprecedented levels of enterprise reporting.