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The
latest system built by CarpeDatum provides financial analysts a fast and
efficient way to access, report, translate and analyze accounting
information sourced from the parent company (Newell-Rubbermaid) corporate
general ledger (GL). The system also consolidates budgeting information
provided by each of the international entities. Now financial analysts can
rapidly provide management decision-makers with information and analysis
including:
- Financial Reporting
- Financial Analysis & Financial Ratio
Reporting
- Budgeting & Forecasting
- Weekly & Daily Flash Reporting
- Currency Conversion
- Variance Analysis
- Sophisticated “What If” Analysis
Their new turnkey system
combines sophisticated data processing and business rules to allow users
to view financial data, as well as any, financial ratios or metrics, from
any angle, quickly and easily. The iTM1 system is a real-time OLAP
database, which means multiple users can simultaneously access and modify
data. Any changes made to the data itself or any calculations are
immediately reflected in the database, and are accessible by all other
users instantaneously.
Data extracted from the
Newell-Rubbermaid corporate GL and is then translated and fed into iTM1.
The tight integration of iTM1 with Microsoft Excel provides a rapid
learning curve, limited training, and flexibility required for
sophisticated financial analysis & reporting.
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