Financial Services - Ann Arbor, MI, US
Xambrosius is, "BI for the Little Guy!" Why?88% of financial spreadsheets contain errors! 5 - 30% of these errors are either serious, very serious or have material financial consequences. Small business (SMB) Bank lending officers note that more than 50% of the spreadsheets presented in SMB loan due diligence are worthless.This is the "Excel Hell" SMB service-providers and SMB's live daily. The results are 5 out of 6 new SMBs fail each year and 50% of first-year successes fail within two additional years from poor financial planning.GPX Software, developed, deployed and is now actively promoting, Xambrosius Business Intelligence (BI) Tools (XBI) as a cure for SMB-Excel Hell.Using Turbo Tax-like user concepts, XBI seamlessly integrates a; non-spreadsheet, fully programmed, web based financial modeling and performance analysis process. Starting with a customizable chart of accounts, XBI provides: data-mined company comparables (library of 16,000 companies), salary information from Salary.com, a robust calculation engine, and dashboard reporting tools including actual vs. forecast, borrowing base calculations (against plan and comparables), as well as what-if and stress testing scenarios.The result is an improved time-to-value ratio, increased scalability, and better control of business finance/operations at a significantly lower cost with reduced resource requirements.
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