SOURCE: Star Analytics

Star Analytics - leader in finance process automation

September 20, 2010 08:00 ET

Star Analytics Launches Task Builder Toolkit to Automate Finance Application Environments

Powering Finance Systems Automation at a Fraction of the Time and Cost

SAN MATEO, CA--(Marketwire - September 20, 2010) -  Oracle OpenWorld Hyperion Pavilion #HIH-013 -- Star Analytics, the leader in financial application process automation and integration software, today announced the Star Task Builder Toolkit. The toolkit makes it easier to automate manual processes and eliminate code running across an ecosystem of Oracle and multiple vendor Finance applications. The new product helps enterprise customers accelerate financial consolidation, reporting and planning with Task Packs that automate financial processes across finance application and data warehousing environments.

Star Analytics is demonstrating the new Star Finance Command Center toolkit this week at Oracle OpenWorld. Oracle customers across all major industries use Star Analytics solutions to improve accuracy, boost compliance and close their books days faster by automating and integrating data for analysis and reporting.

The Star Task Builder Toolkit enables a community of Star Partners, customers and third-party developers to build Task Packs that automate processes in Finance application ecosystems, such as data integration, consolidation, calculation, reconciliation and report distribution. Tasks developed with the toolkit plug into the Star Finance Command Center's Task menus, providing full control over user-defined input parameters, data validation and error handling properties. The toolkit now opens the same technology used by Star Analytics in its Task library offerings for Oracle Hyperion Financial Management (HFM), Financial Data Quality Management (FDM), and QlikView, helping customers extend the value of their investments in those systems.

"Star Analytics solutions continue to gain momentum as more global companies deploy Star Finance Command Center to power their enterprise process automation strategies," said Tom Tortolani, vice president, Products, Star Analytics. "As this community grows, we're making it even easier to build and exchange Task plug-ins and share best practices using the toolkit. We're pleased to continue helping customers gain optimal value from their investments in enterprise performance management (EPM) and business intelligence (BI) by making code-free Finance systems a reality."

Benefits

  • Ease of maintenance -- Eliminates the need to write scripts or other complex code.

  • Boost efficiency -- Eliminates time consuming, error prone processes.

  • Quick time to value -- Customers and partners can get up and running quickly by downloading and instantly deploying automation Task Packs from the Star Analytics support website.

  • Faster automation tasks -- A growing partner and customer community offers a larger selection of Task Packs than is possible through traditional software maintenance releases.

"We often see organizations rely on complex, custom code to orchestrate all the moving parts in their EPM and BI environments," said Ash Jain, managing partner, AdvancedEPM Consulting, an Oracle Platinum Partner. "The Star Finance Command Center and Star Open Task Builder Toolkit enables us to greatly simplify finance system deployments, with the value add of bundling our methodologies into nicely packaged task libraries that can be made available to our customer community."

Oracle OpenWorld is Sept. 19 - 23, 2010 at Moscone Center San Francisco, Calif. Visit Star Analytics in the Hyperion Pavilion at the InterContinental Hotel (kiosk #HIH-013). Visit www.openworld.com.

Follow Star Analytics updates from the conference on Twitter at @staranalytics and follow Oracle OpenWorld updates on Twitter @oracleopenworld and using the tag #OOW10.

Resources

Join Star Analytics' Partner Program to share your Finance and EPM expertise and contribute your own Task Packs at www.staranalytics.com.

Access demos and on-demand webinars at www.staranalytics.com. Download the complimentary white paper, "Application Process Automation - A Finance Systems Mandate" at www.staranalytics.com/solutions/white_papers.htm.

About Star Finance Command Center

Star Finance Command Center provides a centralized environment for managing tasks and processes across Oracle applications, hybrid environments and data warehouses over the web and mobile devices, including iPhone™, BlackBerry® and other Smartphone devices. It features a library of tasks for Oracle Hyperion Financial Management that eliminate complex code, making it easy to automate and monitor end-to-end tasks that span Finance application processes. Earlier this year, Star Analytics extended Star Finance Command Center integration with Oracle Hyperion Financial Data Quality Management, giving customers the ability to tap into its strong capabilities in data quality, accuracy and consistency, while bringing enhanced internal controls for compliance and reporting.

About Star Analytics

Star Analytics is the leader in financial application process automation and integration software, offering enterprises a cost-effective way to automate and integrate disparate financial and operational data for better business decisions. Fortune 1000 companies in all major industries use Star Analytics to improve business planning and analytics and reduce the burden on IT by automating the integration and management of financial processes and data. Star Analytics is a Gold-level member of the Oracle Partner Network. Other partners include interRel Consulting, IBM Cognos, SAP BusinessObjects, QlikTech, and Microsoft. Headquartered in San Mateo, California, Star Analytics is a privately-held company backed by Hummer Winblad Venture Partners and LightSpeed Venture Partners. Visit www.staranalytics.com.

Star Analytics is a registered trademark and the Star Analytics logo is a trademark of Star Analytics. Oracle is a registered trademark of Oracle. All other marks are the trademarks of their respective owners. This press release is for informational purposes only and no offer to buy or solicitation of an offer to sell any securities is made hereby. Certain information contained in this news release is forward-looking and is subject to unknown risks and uncertainties. The actual results, performance or achievements of the company may differ materially from the results, performance or achievements of the company expressed or implied by such forward-looking statements.

Contact Information

  • Media contact
    Joanna Rustin
    Rustin Communications for Star Analytics
    866-496-8028
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