![]() ![]() When these solutions are used in collaboration, they contribute towards improved organisational growth and profitability, and form a framework of BPM software solutions. GBI provides BI solutions which include comprehensive support to the entire management cycle, delivering data platform and integration services, query and reporting, data analysis, performance scorecarding, modelling, budgeting, planning, activity-based costing, forecasting and financial consolidation and reporting. Global Technology Business Intelligence (GBI) E.com institute is a "Proudly South Africa" and "Empowerdex" endorsed company, winner of the African Achiever Award 20 as well as the Technology Top 100 Awards - 20. The company brings a unique blend of services to the market, assisting companies to define business strategy, providing a highly skilled contracting team to build applications, and outsourcing the infrastructural, operational, financial and customer service components of its customers. It is strategically positioned as an emergent global provider of e-business solutions, leveraging a skilled South African employee base. The organisation has bought user licences for its corporate finance department, which will use the software to analyse prospective investments and their potential outcomes.Į.com institute, a wholly black-owned local company, has followed BEE principles since its inception in April 1999, focused on building and servicing businesses leveraging the Internet. The product also offers full accounting integrity. This creates accountability and enhances knowledge management. Models are fully transparent and auditable, with a full audit trail and the ability to view source information and the assumptions or calculations that have been applied in any Hyperion Strategic Finance view. The solution will standardise modelling conducted at the IDC, creating a knowledge management environment and ensuring continuity. ![]() Its flexibility and customisation will allow the IDC to modify the model to pull in company-specific variables, assumptions and drivers, increasing the integrity of their financial model." "Its key features include packaged financial modelling, with pre-built financial statements, and financial statement relationships, ratios and valuation metrics. Hyperion Strategic Finance enables analysis of the financial impact of critical business decisions, says Alwin Swales, sales and marketing director at GBI. ![]() For this reason, we needed a strategic financial modelling application that would give us real-time information on alternative strategies. "The overriding requirement is that the investment portfolios initiated should have a meaningful impact on our development objectives and be profitable and self-sustaining. With Hyperion, our finance people can spend their time and efforts testing alternative strategies, building contingency plans and understanding the impact of those strategies and plans on the IDC`s long-term goals," says Nontobeko Ntsinde, head of corporate finance at the IDC. "We did not want to waste resources by focusing on building and maintaining cumbersome spreadsheet modelling tools. Global Technology Business Intelligence (GBI), the business intelligence division of JSE Securities Exchange-listed Global Technology and local distributor of Hyperion Solutions, is working with e.com institute to deliver the solution to the IDC. The solution, worth over R1 million, was sold by e-business solutions provider e.com institute. From being a leading industrial player at national and regional (SADC) levels, it has evolved into the first South African development finance institution to have its mandate extended to the rest of the African continent. The Industrial Development Corporation (IDC) has chosen Hyperion Strategic Finance as its financial modelling and evaluation software solution, guaranteeing enhanced levels of accuracy in terms of financial planning.Ī self-financing national development finance institution, the IDC focuses on contributing to economic growth, industrial development and economic empowerment through its financing activities. ![]()
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