InVizion® Delivers Web-Based Interface for Budget Planning and What-If Analysis Software in Asset-Intensive Industries

New release adds to InVizion's ability to help Executives rebuild our nation's infrastructure

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Jun 16, 2016, 10:00 ET

OAK RIDGE, Tenn., June 16, 2016 /PRNewswire/ -- InVizion LLC announced today the general availability of InVizion Business Intelligence, a web-based interface for its budgeting and scenario planning software for asset-intensive organizations. Improving upon InVizion's Windows application, which was first introduced 3 years ago, InVizion Business Intelligence gives Executives and Senior Managers at-a-glance access to their portfolio's or program's performance via a web-browser on their tablets or laptops.

InVizion features a graphical "Scenario Scorecard" that highlights the merits and risks of each alternate scenario for a portfolio or program. It gives the user drill-down capabilities to review the list of projects or investments contributing to cost savings, objectives met, and/or budget overruns. Asset-intensive organizations (such as Utilities, Oil & Gas Companies, Departments of Transportation, and Department of Energy ) with large projects and/or portfolios of projects can now streamline their collaborative budgeting process by providing InVizion tools for all participants.

The new InVizion Business Intelligence features a graphical "Scenario Scorecard" that highlights the merits and risks of each alternate scenario for a portfolio or program. It gives the user drill-down capabilities to review the list of projects or investments contributing to cost savings, objectives met, and/or budget overruns.

Asset-intensive organizations (such as Utilities, Oil & Gas Companies, Departments of Transportation, and Department of Energy) with large projects and/or portfolios of projects can now streamline their collaborative budgeting process by providing InVizion tools for all participants. Everyone involved can use InVizion for tasks appropriate for his/her role in the process, whether it is to identify/propose projects, track budget requirements and performance, perform what-if analysis, or review and present the best roadmap scenarios that fit the organization's objectives and constraints.

"Forward-looking Executives and Senior Managers in asset-intensive organizations are re-thinking their annual rituals for budgeting and planning. More than ever, they need their collaborative budgeting process to be easy, rapid, accurate and optimized. InVizion lets them quickly leverage information from their financial and project management systems to create a portfolio roadmap with multiple scenarios," explains Kristy Neckowicz, President of InVizion LLC. "The integrated scope, objectives, schedules, resource requirements, and dependencies can all be modeled to make the scenario comparisons credible and the right decisions easy – without depending on error-prone spreadsheets."

InVizion users can quickly create and present realistic portfolio roadmaps or forecasts that expose risks and opportunities, whether they are responding to proposed funding changes, new requirements, schedule delays or budget overruns. For a limited time, current customers have the option to upgrade their InVizion Viewer licenses to InVizion Business Intelligence at no additional cost.

About InVizion LLC

InVizion gives senior management the ability to make well-informed decisions without the need to be (or to hire) a wizard programmer of Excel^® to create messy macros and cumbersome pivot tables. InVizion develops and markets applications for executives and managers for modeling and communicating program and portfolio roadmaps to enhance decision-making and to optimize execution strategy. Founded in 2013, InVizion LLC is led by former Oracle and Primavera Systems' executive Kristy Tan Neckowicz with over 30 years of experience in the project management software industry.

To learn more about InVizion, visit www.invizionllc.com

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SOURCE InVizion LLC