Management Spreadsheet Risk
For many years, software vendors have predicted the death of the spreadsheet, yet spreadsheets continue to play an important role for nearly every company inthe world. In fact, studies have found that 95% of U.S. companies use spreadsheets in their financial reporting process. Despite their importance, many companies consider a spreadsheet to be nothing more than an end-user tool. Surprisingly few companies have safeguards in place to ensure the accuracy of their spreadsheets given the critical role that they play.
Applied OLAP, founded in 1998, is the world's foremost expert in enterprise-wide Essbase spreadsheet applications. The Dodeca Spreadsheet Management System is trusted by companies, ranging in size from midmarket to Fortune 100 to reduce risk and increase productivity.
Dodeca Spreadsheet Management System makes it easy for corporate spreadsheet users to build reports dynamically from any number of corporate data sources, including Essbase and any relational database. For IT, Dodeca provides the ability to manage spreadsheet resources and ensure that they are built accurately every time. For Internal Audit, Dodeca controls and manages spreadsheets to give access only to authorized users.
New Dodeca 8 with EssJet Technology brings many new functional enhancements to an already great system - inlcuding:
- Concurrent Essbase Retrievals - Introduces EssJet technology, which allows Dodeca to run multiple Essbase retrieves, or sends, at the same time. Dodeca can now simultaneously run multiple queries from a single sheet or from multiple sheets in a workbook, which greatly enhances performance.
- Asynchronous Environment - Allows most processes, including Essbase data and metadata queries, commentary queries, and startup functionalities, to run in the background freeing the user-interface for more interaction while providing the option to cancel processes.
- Commentary Significantly improves commentary retrieval performance.
- Workbook Analyzer and Cleaner The Dodeca Workbook Analyzer can analyze and clean Excel workbooks. This gives an administrator the ability to clean old workbooks which often contain unnecessary artifacts such as dead Excel links, #REF range names, extraneous styles, and unused Smart View data streams.
- HFM Connector Dodeca can retrieve data from Hyperion Financial Management databases allowing integration with Essbase and Relational data.
- Essbase member search enhancements Full wildcard searches of an Essbase member or alias are now supported.
- Expandable shared member hierarchies Shared members can be expanded in the Treeview Selector to show the descendants of the base member.
- Single Sign-On (SSO) Support Dodeca supports Single Sign-On using the SAML2 protocol, including the option for Multi-Factor Authentication, provided by Identification Providers such as Okta, Ping, and JumpCloud.
Some of the key features and functionality:
- Centralized Repository
- Security
- Speed of Thought Analytics
- Write-back
- Drill through
- Version Control
- Audit Logs
- Commentary
- Risk Mitigation
- Distribution
Download the following datasheets to learn more about Dodeca:
Partner SpotLight
Dodeca
Dodeca Spreadsheet Management System makes it easy for corporate spreadsheet users to build reports dynamically from any number of corporate data sources, including Essbase and any relational database. For IT, Dodeca provides the ability to manage spreadsheet resources and ensure that they are built accurately every time. For Internal Audit, Dodeca controls and manages spreadsheets to give access only to authorized users.
Our Company
MindStream Analytics' senior staff was there at the birth of Business Intelligence. We have been part of building Business Intelligence nationally from its humble niche product status to the ubiquitous analytic tool that it is today. MindStream consultants are well versed in reporting and information management and are ready to help you leverage the power of multiple tier-1vendors. From Oracle Hyperion to IBM Cognos, we can help you select and integrate the right tools for you to better understand your information. MindStream Analytics has experience across a wide variety of industries: Business Services, Consumer Products, Energy, Financial Services, Healthcare, Manufacturing, Transportation , and Telecommunication. We have the depth and breadth of experience to help you deliver actionable information to users.
Case Studies
Accumen
Thanks to the intervention of MindStream Analytics, Accumen's Finance department can now model their business with a new, more organized structure that isn't conventionally available in NetSuite.
Acme Brick
Acme Brick turned to MindStream Analytics for help implementing OneStream to replace their outdated TM1 solution.
Alterra
Alterra sought the expertise of MindStream to address the challenges they faced in their Capital Planning process.
ATCO Group
Energy conglomerate ATCO operates worldwide in utilities, power generation, and related services.
Avalon
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Bayer Health Care
Bayer Healthcare implemented Hyperion Planning and Workforce Planning in 10 weeks to dramatically streamline their Income Statement budget and Workforce Planning process..
BluEarth
MindStream Analytics' partnership with BluEarth Renewables epitomizes the power of technology and collaboration.
Celgene
An Oracle Hyperion Planning Upgrade provides multi-national organization Hyperion Application optimization and stabilization.
Cleaver Brooks
OneStream XF was chosen as the platform that would transform Cleaver-Brooks' Finance processes.
CoorsTek
The collaboration between CoorsTek and MindStream resulted in significant improvements in CoorsTek's financial consolidation and reporting processes.
Elite Body Sculpture
MindStream Analytics' collaboration with Elite Body Sculpture encapsulates the transformative potential of targeted tech solutions in streamlining administrative processes.
Enlyte
Enlyte, a merger of Mitchell, Genex, and Coventry, faced challenges with disparate financial solutions and the need for combined reporting.
Flanders
MindStream Analytics collaborated with Flanders to implement OneStream Consolidation and Reporting solution.
Foley Products
Foley Products was facing a significant challenge with its Excel-based actual management reporting system.
Harte Hanks
The collaboration between MindStream Analytics and Harte Hanks culminated in a highly customized, user-friendly NetSuite implementation.
Interface
Interface used a complex, manual, excel-based FP&A process for monthly review, and the summary data was loaded in OneStream.
Kymera International
Thanks to Mindstream Analytics' assistance, Kymera was able to load all of their data into OneStream and validate it successfully.
MacLean Fogg
MacLean-Fogg partnered with MindStream, a leading implementor specializing in modernizing and optimizing enterprise systems.
MEPPI
MindStream's expertise and experience were sought to conduct a vendor selection initiative focusing on MEPPI's F2023 planning process.
OUAI
MindStream Analytics and OUAI's collaboration showcases the transformative power of strategic technological intervention.
Plaskolite
By migrating to OneStream, Plaskolite has achieved a material reduction in consolidation time and overall Financial Close cycle, eliminated the hours spent compiling and verifying data in Excel, streamlined its Planning, Budgeting and Forecasting model and delivered flexible and timely reporting that enables more strategic analysis of their financial data.
Redwire
Understanding the nuances of Redwire's challenges, MindStream Analytics devised a holistic approach to overcome them. The implementation of NetSuite was just the beginning.
Simon
Simon's existing corporate Hyperion Financial Management (HFM) production application was consolidating at a rate of seven hours, a performance issue causing great headache to corporate Accounting.
Source Code
The successful transition to OneStream revolutionized Source Code's financial reporting.
Subway
Subway collaborated with MindStream Analytics for the NetSuite Analytics Warehouse implementation.
UPenn
MindStream Consulting and AppCare team members are proud be working side by side with UPenn university in accomplishing this implementation and along with continuing our AppCare services after go-live.
USG
USG was an Oracle Hyperion customer realizing that it needed more specialized support for its various Oracle Hyperion applications.
Vantiv
Dividing a hyperion planning application, expanding the hyperion footprint to forecast on the business? Customer categories.
Versant Health
Versant Health engaged MindStream to help resolve the challenges they were experiencing with their consolidation, close, and financial reporting processes.
Virginia Space Authority
The MindStream team implemented the Standard + Workforce NetSuite Planning & Budgeting.
WeWork
MindStream Analytics determined that the best solution was to implement Oracle Essbase Cloud as part of the Oracle Analytics Cloud (OAC) platform-as-a-service
WindStream
Innovative use of essbase to streamline and connect hyperion financial management for enhanced financial analysis.
XY Planning
MindStream Analytics, well-versed in addressing such challenges, presented a comprehensive Netsuite solution for XY Planning.