Incorta expands Analytics Data Hub for Finance Solution with new data applications and destinations for BlackLine and Workday Adaptive Planning
IT organizations can now make detailed, real-time financial and operational data available within BlackLine, Workday Adaptive Planning and Excel to accelerate the financial close process and improve the accuracy of forecasting, budgeting and scenario planning
SAN MATEO, Calif., Oct. 17, 2022 (GLOBE NEWSWIRE) — Incortathe real-time business analytics company, today announced several updates and additions to its Analytics Data Hub for Finance solution, including the integration of new data destinations, BlackLine and Workday; the first BlackLine data application built specifically for financial workflows on the Incorta platform; and a new Excel integration for interactive financial reporting. With this latest development, IT organizations working with finance teams now have an even more powerful and extensible solution to unify financial and operational data, automate the delivery of business-ready data at unmatched speed, and strengthen trust and confidence in data for better finance office decision-making. This announcement comes on the first day of the Gartner IT Symposium/Xpo™ 2022, where Incorta is an exhibitor.
“Persistent and far-reaching economic uncertainty is creating insatiable demand for real-time access to financial and operational data – as well as the ability to analyze and act on it quickly and with confidence,” said Steve Walden, Incorta EVP of Business Development and Strategy. “As these latest additions to the Incorta Analytics Data Hub for Finance show, we’re rapidly expanding the solution to meet demand and support even more use cases in the CFO’s office – and we’re working with today’s most popular and widely used finance. tools to do so.”
The Analytics Data Hub for Finance solution brings newfound speed and flexibility to financial and operational analysis. The end-to-end self-service platform enables finance teams to perform real-time analysis of all detailed financial and operational data in one place, with iron-clad security and governance controls. Delivery of business data from multiple, complex data sources to a number of data destinations is fully automated. With today’s announcement, the Analytics Data Hub for Finance now includes:
With the integration of new data destinations, BlackLine and Workday Adaptive Planning, IT teams can now provide users with access to real-time operational data, journal entries and sub-ledger details. Accounting and FP&A teams can freely drill down into detailed transaction data for analysis, reduce financial end cycle times and significantly improve the accuracy of financial plans, budgets and forecasts – all within their preferred accounting and financial planning environments. The integrations add to a growing list of data destinations, including Azure Synapse, Tableau, Power BI and Google Sheets – with more to come.
A newly released BlackLine data application offers the fastest and easiest path to production with pre-built analytics content to access Oracle EBS data and get started on financial analytics projects. Data applications include physical forms that map directly to data sources, business views that organize data for easy consumption by business users, and rich, interactive dashboards that provide calculations and visualizations. The Incorta Marketplace offers a comprehensive collection of data apps for popular data sources, business applications and finance uses.
A built-in Excel integration combines the power and functionality of Excel with unmatched precision and customization to create interactive, pixel-perfect financial reports without leaving the Incorta platform.
With these updates, Incorta customers using the Analytics Data Hub for Finance solution can more easily collaborate and share critical business data in a unified environment such as:
Enables analysis of raw financial and operational data in original form at record speed via Direct Data Mapping®, a very efficient in memory optimized linking indexwithout transformation or loss of data
Make it quick and easy to get the latest data from business data sources, with 50+ supported data links and access to 240 data sources
Enables querying billions of rows of data and hundreds of joins in seconds, and running ad hoc queries on demand to answer new questions without the need for additional data engineering and new reports, via a revolutionary analysis engine
Accelerates deployment of dashboards and reports for accounts receivable/suppliers, financial planning and fixed assets with computer applications which provides pre-built analytics content for Oracle, NetSuite, SAP and more
Gives full control over data access and management by retaining all existing data security parameters from source systems
To learn more about the Analytics Data Hub for Finance and how the solution enables real-time financial and operational analytics, driving business agility and data curiosity, join Incorta product experts for a webinar and virtual hands on lab 3 November at 12:00 PM ET / 9:00 AM PT. To see how Incorta customers such as Comcast, Light & Wonder and others are leveraging pre-built data applications to automate data delivery for the finance office, sign up for Incorta Data App Week – a new virtual event series organized by Incorta and taking place on 6-9 December.
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About Gartner IT Symposium Xpo
The Gartner IT Symposium/Xpo™ the conference provides an exceptional platform for IT managers and IT leaders to gain multifaceted insight into the opportunities and challenges of leading and succeeding in a changing world.
Incorta® provides a unified data and analytics platform that makes it quick and easy to unlock the full potential of business data from multiple complex source systems by making it immediately ready for analysis. Backed by GV, Kleiner Perkins, M12, Prysm Capital, Telstra Ventures and Sorenson Capital, Incorta empowers the most forward-thinking companies to tackle their toughest data challenges, from mid-market innovators to Fortune 1000 category leaders such as Broadcom, Comcast and Shutterfly. For more information, visit www.incorta.com.
©2022 Incorta Inc. All rights reserved. Incorta®, Direct Data Mapping®, Incorta Direct Data Platform® and all other Incorta product, feature and service names mentioned herein are registered trademarks or trademarks of Incorta Inc. in the United States and other countries. All other brand names or logos are for identification purposes only and may be trademarks of their respective holders.
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