In a bold move, set to add a new dimension to mid-size Business Intelligence, Alchemex (Pty) Ltd has announced the launch of it Software-as-a-Service (SaaS) products, available at www.mymonthlyreports.com
The dynamic software vendor has introduced it’s monthly SaaS management pack FREE to Sage50 users in a move intended to offer relief to those inconvenienced by the discontinuation of Sage Intelligent Reporting (SIR) as well as provide time-savings in the form of automated Excel reports to all Sage50 users.
Charles Teversham, Alchemex Sales Director, explains the bold launch offer: “Sage50 users are encouraged to sign up to the Management Pack service for free, allowing them to automate Profit & Loss and Balance Sheet reports from their own data into Microsoft Excel immediately and as required. If they sign up before the end of December 2008, they will also receive a FREE e-book of 50 new and useful ‘Excel on Steroids’ Tips and Tricks which will help them to work smarter in Excel.”
Gary Boddington, co-founder and Managing Director of Alchemex, says “We have been in this market for 8 years, understand the mid-sized users’ needs and have developed our tools accordingly. We have always been focused on the users telling us what the solution should be.” The company has been successfully servicing the growing mid-sized BI market in South Africa and Australasia with software that draws data directly from a company’s existing accounting application and presents it in the familiar face of Excel which makes for an extremely accessible and cost effective solution. Automated, pre-formatted Excel reports provide real-time access to a company’s data at the click of a button. “More than 10 000 users have successfully adopted some or all of the components of our stack which includes a track record of success in products distributed by Sage subsidiaries in the Southern Hemisphere, and we believe we are well positioned to enter new markets” says Boddington.
The Software-as-a-Service offering is tailored to suit the needs of Sage50 users by giving them financial relief in providing free P&L and Balance Sheet reports. Boddington explains, “We understand that some of the users of Sage Intelligent Reporting are likely to be disillusioned with the outlook for BI products and we are hoping to offer them the ability to try a solution that we know will give them immediate returns as well as some continuity, without having to incur new costs.”
mymonthlyreports.com is a SaaS application designed with the small business in mind. Powered by Alchemex, the site provides a secure online reporting solution which delivers automated financial and business management reports off a company’s own data and in a familiar Excel format, making business intelligence technology easy and accessible while saving accounting and bookkeeping staff valuable hours every month. This service fills the gap that most accounting applications cannot – the extraction of data from the accounting package into a formatted Excel template automatically and on demand – thus eliminating manual report preparation and repetitive data extracts. Users can then view, manipulate and analyse trusted information in the familiar environment of Excel. Boddington refers to this technology as “The new age of business intelligence. No large IT budgets, no specialist IT staff, no hassles.” Alchemex’s simple online Excel calculator allows savings to be quantified at www.mymonthlyreports.com/calculator_local
In addition to the free Management Pack service, mymonthlyreports.com also offers a Business Pack service which, in addition to the P&L and Balance Sheet reports, offers Trend Analysis, Dashboards and graphing. This enhanced service is available to Sage50 users for $25 per month. Teversham adds a sweetener: “For all users that sign up before the end of December 2008, we are giving away 3 months online access to our Excel on Steroids workshops which will, without doubt, improve business reporting skills. This giveaway is worth $300 in itself and we believe that Sage50 users will embrace the offer.”
Click here for a preview of the Management Pack
Click here for a preview of the Business Pack
More information is available atwww.mymonthlyreports.com or email [email protected]
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