Conference heron::euro_swas_ai

372.0. "FINANCE - Financial Data Navigator" by CHEVIE::FITZGIBBON (Joe Fitzgibbon, Valbonne EIC) Mon Sep 30 1991 13:52

                      Cost Centre Spending Is Easily Analysed
                           With Financial Data Navigator
          
                                  by Nancy Wogrin
         
         The Financial Data Navigator will go live in its first site at the 
         end of September.  The Financial Data Navigator application 
         provides an environment for a financial analyst or a cost centre 
         manager to analyse, explore and report on cost centre spending 
         data.  It was codeveloped by the the European AITC and the Finance 
         IM&T group in Ayr, Scotland. 
         
         What makes Navigator different than other data reporting systems 
         is its use of expert system technology to summarize the data, and 
         the windowing technology to express relationships.  The expert 
         system uses a financial analyst's knowledge to highlight the 
         important aspects of the data.  The window and mouse-driven 
         interface provides for an easy connection between the textual 
         report and the data that supports it.
         
         Corporate financial data comes from many sources and is 
         accumulated into many levels of detail, all of which should be 
         consistent and accurate.  The job of tracking the accuracy of 
         corporate accounts and determining corporate spending is 
         complicated by the amount of data and the number of sources from 
         which it originates.
         
         The user is presented with a textual report, a map of the 
         accounts, and all the supporting tables of data -- all connected 
         through mouse clicks.  Drill-down on the data is done completely 
         by the mouse; the user doesn't have to touch the keyboard or learn 
         any special syntax.  The application rests on a database that 
         brings together in one place the essentials of all levels of cost 
         centre spending, from the lowest levels of transactions to general 
         ledger rollups.  This database is updated automatically as the 
         general ledger is updated. 
                                        ###

         		     Nancy Wogrin can be reached at 
				 YIPPEE::WOGRIN,  DTN 828-5064.