SOURCE: myDIALS

May 12, 2011 08:00 ET

Coaxis Selects myDIALS for NetSuite to Communicate Real-Time Financial Information to Stakeholders

Personal BI Solution Streamlines Critical Reporting With "One-Stop-Shop" Executive Dashboards

LOUISVILLE, CO--(Marketwire - May 12, 2011) - myDIALS, the leading provider of personal BI for the cloud, today announced that Coaxis, a leading software development and management company, has selected myDIALs for NetSuite to improve the reporting of sales and financial data. myDIALS delivers "one-stop-shop" dashboards within NetSuite interfaces, providing executives with direct, daily visibility into crucial sales lead and pipeline information that impacts corporate finances. With myDIALS for NetSuite, the Coaxis finance and sales departments will be better able to communicate information to key stakeholders, improving decision making to hone the company's competitive edge.

Aberdeen Group recently found that "best-in-class" companies, those that leverage analytical technologies, are able to identify and exploit tangible opportunities for top and bottom line enhancement, including better year-over-year improvement in operating profit, organic revenue, and better customer retention rates*. myDIALS for NetSuite allows Coaxis to have more immediate access to pertinent operations information. Previously, Coaxis created monthly reports using Excel and Sharepoint. That option proved to be cumbersome and time consuming, and failed to provide the immediate, focused information that Coaxis needed to develop and share.

"Employees were spending an inordinate amount of time preparing updated reports for the executive team," said Carl Billings, financial analyst, Coaxis. "myDIALS will potentially pay for itself simply by eliminating the need to bring in additional staff. Integrated systems such as NetSuite with the myDIALS BI capability appear to be a perfect fit for more efficient reporting and improved communication."

A cloud-based solution, myDIALS for NetSuite delivers a secure, cost-effective way to quickly extract and display live, right-time data within the NetSuite environment. Coaxis users will be able to easily view and report on key sales and financial metrics, such as monthly sales leads, opportunities in the pipeline, and year-over-year growth. With more insight into what's happening on a daily basis, Coaxis expects to boost sales, build revenue by segment, better plan sales cycles, and run the business more effectively. myDIALS allows Coaxis to compile, display and monitor multiple business and operational measures from different NetSuite screens in a single snapshot view. The ability to aggregate information across multiple departments eliminates the need to send separate reports to multiple executives. A preconfigured, SaaS solution, myDIALS for NetSuite eliminates up-front capital expenditures and ensures low-cost, rapid deployment and customization.

"Better daily decision making means better business," said Wayne Morris, CEO of myDIALS. "myDIALS for NetSuite displays critical measurements and historical information at a glance, giving Coaxis fast, clear reporting free of extraneous information. The combined power of NetSuite and myDIALS creates a personal BI solution that's easy to update and customize, giving Coaxis timely access to the specific areas that require their attention, without slowing down the rest of the staff."

myDIALS for NetSuite
myDIALS for NetSuite integrates myDIALS' SaaS operational BI solution with NetSuite's cloud computing platform, including CRM, Accounting, ERP and Ecommerce applications. myDIALS functions are presented within the NetSuite environment, providing users with data extraction and interactive data visualization without leaving the NetSuite user interface. The combined solution extends NetSuite analytics to help customers achieve lowered expenses, increased business efficiencies and better business performance.

About Coaxis
Coaxis, Inc. is a leading software development and management company. Privately-held, Coaxis has delivered industry-leading technology innovations and solutions to the construction industry for more than 30 years. Coaxis, Inc. was recently recognized as one of the 12 most revolutionary companies by Portland Monthly Magazine. Coaxis, Inc. is headquartered in Portland, Ore. with additional operations centers in North Carolina, Toronto, and Melbourne.

About myDIALS
myDIALS is the leading provider of personal Business Intelligence for the cloud. The only SaaS BI solution that combines best practices embedded in pre-defined modules, with quick personalization and advanced, easy to use analytics, myDIALS enables all users to view, filter and interact with data to make more informed decisions, more quickly.

myDIALS features rapid, automated deployment, dynamically integrates with virtually any data source for immediate data update and availability, and delivers unparalleled interactivity, knowledge sharing and predictive analytics to support cost-effective, continuous improvement. Thousands of users across multiple industries -- including technology, manufacturing, services and government -- rely on myDIALS to improve operational performance and business results through better decision making. myDIALS is based in Louisville, Colo. Visit www.mydials.com for more information.

* ABCs of Executive Analytics: A-List Performance Using BI in the C-Suite, Aberdeen Group, March, 2011

myDIALS product and service names are trademarks of myDIALS, Inc. All other trademarks are the property of their respective owners.

NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

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