New FSG Converter helps organizations quickly transform Oracle reports into an easy-to-use Excel format

SAN FRANCISCO, Oct. 12 /PRNewswire/ -- Oracle OpenWorld -- Excel4apps, a provider of best-in-class Excel-based reporting and budgeting software for Oracle (Nasdaq: ORCL) users and member of the Oracle PartnerNetwork, today announced the release of GL Wand 3.90. The upgrade includes a feature for fast conversion of reports from Oracle's Financial Statement Generator (FSG) into a familiar Microsoft Excel format. Within minutes, GL Wand's FSG Converter transforms an Oracle FSG report into a formatted, refreshable and drillable Excel spreadsheet that accesses live financial data through GL Wand's tight integration with Oracle.

"The FSG Converter allows companies that have invested in customized FSG reports to convert them to Excel with minimal effort for future manipulation in GL Wand," said Chris Meyer, Director Americas for Excel4apps. "Because accountants and financial analysts are working with GL Wand's Excel front end, they can easily edit the former FSG reports without the need for SQL coding and other information technology support, enabling a more productive organization."

The FSG Converter feature quickly extracts and transfers Oracle FSG row and column set definitions into Excel. GL Wand's sophisticated drill-down capabilities allow users to view live Oracle data at the journal and sub-ledger levels, as well as see multiple transactions at once. This flexibility has improved productivity for users like Alliance Coal.

"GL Wand's FSG layout of Excel files is easy to work with and provides a great guideline for converting FSG reports, which now takes hours instead of days," said Steve Coop, Corporate Finance and Planning Manager for Alliance Coal. "For reporting and account reconciliations, we find GL Wand a must have tool."

Coop also commented on GL Wand's ability to convert complex reports, such as Alliance Coal's cash flow statement, which includes multiple budget-to actual comparisons.

"With the FSG Converter, we quickly converted the cash flow statement and released the report in just over one day," described Steve Coop. "Previously, we had to create SQL code to download row and column information and merge multiple cells using complicated Excel formulas - a time intensive process. We appreciate how Excel4apps continually adds new GL Wand functionality like the FSG Converter so we can spend time analyzing data rather than formatting it."

About Excel4apps

Excel4apps is a provider of best-in-class Excel based reporting and budgeting software for Oracle users. Its award winning GL Wand and Budget Wand products help Oracle financial professionals save time by delivering accurate and secure information in the familiar Excel environment. The company serves a broad range of industries, including financial services, education, utilities, insurance, hospitality, manufacturing and engineering. All products are available for immediate download and free trial, installing in minutes with no data warehouse and no additional hardware, setup or security configuration needed. Excel4apps maintains offices in the United States, United Kingdom, Australia, United Arab Emirates and South Africa. More information is available at www.excel4apps.com.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 20,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com/.

SOURCE Excel4apps

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