Until now, business intelligence had been reserved to the data modeler and did not have any linkage to action. Prodagio takes it to the next step by providing information in a way that allows them to take corrective actions.
Houston, TX (PRWEB) September 17, 2013
Today, Prodagio Software announced the release of new Analytics capabilities within its flagship contract management and invoice automation applications - Prodagio Contract and Prodagio AP. Analytics makes invoice and contract terms visualization simple and accessible. It provides advanced, predictive analytics linked directly to business actions, which empowers leaders within organizations to execute continuous improvement, make smarter decisions, and create better performing processes.
Prodagio’s Analytics makes it easy for users to see how their business performs with ready-to-use data visualizations by embedding contracts management and invoice automation expertise acquired over the years. With best-practice key performance indicators and metrics, users can finally ask and answer their own questions, uncover better insights, and seize new opportunities.
“Analytics is the natural extension for Prodagio applications and takes Contract Lifecycle Management and AP Invoice Automation to the next level,” said Fabrice Buron, Vice President of Marketing and Alliances. “This advanced capability provides rich data visualizations so users can clearly predict trends and take proactive steps towards achieving their goals. Until now, business intelligence had been reserved to the data modeler and did not have any linkage to action. Prodagio takes it to the next step by providing users “off-the-shelf” capabilities and allowing them to take corrective actions.”
Prodagio’s AP Automation and Contract Lifecycle Management applications are the only ones to offer analytics with three levels of data visualization: overall portfolio health, process cycle and operations, and financial invoice and contract performance against external financial systems such as ERP, HR, and Project.
With these three levels CFOs, General Counsels, CPOs, and Heads of Sales can now maximize invoice and contract value through the ability to implement smarter business decisions; for example, track contract compliance, optimize invoice discount, or maximize sales contract profitability by predicting revenue streams against cost at the portfolio or contract level.
So many more opportunities to make good business decisions just opened up!
About Prodagio Software
Prodagio helps company leaders build successful businesses. Prodagio Software offers intuitive, easy-to-use Accounts Payable (AP) Automation and Contract Lifecycle Management (CLM) solutions in the Cloud. With over 40 million invoices and contracts processed through Prodagio’s applications every year, our “ready-to-use” software applications provide immediate business insight and are adaptable in order to help each and every customer on their journey toward complete financial & operational excellence. Start the journey now at http://www.prodagio.com