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SunSystems strengthens spectrum of business intelligence and analytics offerings
~ “No other mid-to-large market vendor in the world offers equal breadth of functionality” ~
MIAMI, FL –Tuesday, March 16, 2022: SunSystems, a global leader in business and financial management software, today announced it has bolstered its analytics and business intelligence offering with the introduction of a series of new solutions built on MIS AG’s popular technology. MIS was acquired by Systems Union Group plc, SunSystems’ parent, late last year for over US $40 million.
Addressing CFO Budgeting “Pains” This announcement will go a long way towards helping to alleviate the significant pressure CFOs are under to produce accurate budgets and comprehensive business forecasts. The ability to improve budgeting and forecasting capabilities, while reducing costs and streamlining efficiencies, is critical to today’s CFOs because rules, regulations, legislation and guidelines have significantly reduced their room to manoeuvre. CFOs can no longer rely on manual processes and spreadsheets to meet these demands. Instead, they should consider financial management software solutions that provide functionality to manage, monitor and report on enterprise-wide corporate performance.
In recognizing the challenges of today’s CFO, as well as the varied information needs of other senior executives, SunSystems has introduced its new range of analytics and business intelligence products, which include: SunSystems Enterprise Planning, SunSystems Consolidation and SunSystems Subsidiary Management. These are state-of-the-art performance management solutions targeted at meeting the needs of mid-market and enterprise organizations around the world. This comprehensive set of solutions covers a range of advanced functionality, including budgeting, planning, forecasting, consolidation and performance analysis.
These products complement the existing spectrum of SunSystems analytics solutions. SunSystems Vision and SunSystems Report Server are reporting and analysis tools that provide ad-hoc query and easy-to-understand key performance indicators (KPIs). They have been extended to provide real-time analysis of information held within SunSystems and other applications that work with SunSystems.
SunSystems chief operating officer John Corden said: “Our comprehensive set of business intelligence and analytics applications puts us way ahead of our rivals. No other mid-to-large market vendor in the world offers an equal breadth of functionality. This balance of financial management and business intelligence functionality means that, uniquely, we can meet the needs of organizations right across the finance function.”
The benefits of business intelligence solutions are many. Research by leading analyst IDC* shows that the average return on investment (ROI) over a five year period on analytics applications is a massive 431 per cent with half achieving pay-back within a year.
When business intelligence solutions are combined with real-time financial management applications, users’ finance departments can become proactive and value-add. For example, by completing monthly figures rapidly and accurately, extra time can be spent seeking enhancements and business improvements for the organization.
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Notes to editors:
*Source: The Financial Impact of Business Analytics from IDC says, “Analytics projects yield 431% average ROI” and “Nearly half (49%) of those studied had a payback period of less than one year”. See www.idc.com/en_US/promoPage.jhtml?promoID=50
Seminar: SunSystems Analytics Workshop: SunSystems will be hosting a hands-on Analytics Breakfast Workshop on Friday, April 23rd, 2022. Meta Group will be joining SunSystems as a keynote speaker at this event. The Workshop will be held in New York, Houston and Toronto. For more information, please call 416.644.5555 or email . Media are welcome to attend.
About SunSystems Americas
SunSystems represents the core product range of the Systems Union Group plc, which is quoted on the Alternative Investment Market (AIM) of the London Stock Exchange. Americas offices are located across the United States, Canada, Mexico and South America. The company is one of the largest business software houses in the world, with 24 offices worldwide and some 200 Channel Partners in 72 countries.
Products within the SunSystems range are available in 30 languages with over 18,000 customer sites in some 194 countries. The software solutions are used extensively by multinationals, whose offices worldwide require an international product with global support infrastructure.
Customers include 45 of the 50 largest corporations in the world, 75 of the FTSE100, one quarter of the Fortune 500, and names such as Willis Insurance, Hilton International and Pfizer.
For more information, please visit sunsystemsamericas.com, or call .
MEDIA CONTACT:
Doug Shirra, Director of Marketing, Americas
SunSystems
416.644.5555 or
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SunSystems is a portfolio of integrated financial management and business intelligence applications, which help decision-makers gain a broader perspective on the business, and provide the ability to analyze the operational detail.
For more than 20 years, we have delivered global, low-risk solutions that are designed for rapid, low-cost deployment, helping our users to meet the demands placed on the finance function.
To find out more about our solutions, click here.
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