Carpio is a global provider of performance management software. Recently, it announced that version 5.5 of its GesFin Comprehensive Performance Management Suite is now available in the market. It consists of versions which are optimized especially for the Microsoft and MicroStrategy (News - Alert) BI Reporting platforms. The capabilities of the GesFin CPM Suite help to spread out the number of international customers and reseller ecosystem. 

 

The new features and advantages of GesFin CPM Suite 5.5 are:

 

Financial Consolidation and Journal Entries: The new financial consolidation module helps to perform the data aggregation process from subsidiaries to the parent organization automatically. The functionalities such as currency translations, intercompany eliminations, and equity ownership calculations are automated. New features facilitate the logging of transactions into accounting journal entries with an entire audit trail of changes which include:

 

Latest Journal entry screen and data entry templates to create journal entry.

 

Workflow automation of journal entries to require approval.

 

Journal entry groups for improving classification and arrangement of journal entries.

 

Improved Workflow: The function of workflow engine has been enhanced thereby increasing the power and flexibility. Features include:

 

Support of antecedent tasks to increase control and support of sequential and parallel activities Availability of workflow maintenance within Excel.

 

Enhanced Data Loading and Integration: GesFin has a new interface to handle data loading from other systems to GesFin which includes configurable filters and data mapping tables. Features include:

 

Data load import mapping from Excel

 

New interface to view audit logs of data mapping and load routines

 

New GesFin services to permit the execution of data load routines in batch mode.

 

XBRL Support: GesFin provides better support to XBRL with new features:

 

XBRL taxonomies template to allow data import and export of XBRL

New export function which allows users to export data from a GesFin input form to XBRL.

 

 

Simplicity and Maintenance Features: New added features help to easily develop and maintain GesFin planning models:

 

Latest planning model templates for common functions such as Payroll, Consolidation, CapEx, and others.

 

Latest wizard interface to further streamline configuration functions.

 

Latest menu navigation to lessen the number of user clicks.

 

Automated import support of date and list data type formats.