PHILADELPHIA, April 28, 2011 /PRNewswire/ -- DDC announces the launch of SmartDash, the latest module in the Radar and Sonar suites, which provides automated dashboard reporting functionality for investment-backed companies and allows VC and PE firms to automatically consolidate financials across investments and portfolio companies.
With DDC SmartDash portfolio companies enter data directly into the dashboard that best fits their business. DDC's SmartDash supports both financial and non-financial data. A company can report its monthly financials as well as progress on key strategic initiatives. SmartDash includes a library of multiple dashboard formats, and new ones can be easily added.
On the receiving side, SmartDash is a flexible tool that reduces the administrative burden felt by the investment professional. Through either standardized or ad hoc reports, SmartDash will consolidate financial information across all portfolio companies, even if the underlying dashboard varies from company to company. This gives the investor a fuller picture of the health and overall progress of the portfolio.
"There is a real need for automated reporting between investment-backed companies and their investors," says Farid Naib, CEO of DDC. "SmartDash simplifies the reporting process and ensures its security and efficiency."
SmartDash is the latest module in the Radar and Sonar suites, which also include tools for document management, board room management, and cap table creation and maintenance. More information is available at 800-872-9394 or by logging on at www.docdep.com.
DDC creates critical data management (CDM) SaaS applications that organize critical corporate information, create document and communication workflow, and automate many of the manual tasks that consume executives' time and resources. This enables management teams, boards, and investors to make better decisions and follow best practices in corporate governance. For more information contact DDC at 800.872.9394 or visit www.docdep.com.
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