Noetix Corp., a provider of business intelligence software and services for enterprise applications, has introduced NoetixViews for Oracle E-Business Suite version 6.1 which includes new views and key performance, security, and administration enhancements for improved operational reporting.
For Noetix customers who have created parent-child hierarchies for use in Oracle Financial Statement Generator (FSG) reports, the latest release of NoetixViews now extends these hierarchies to the customer's BI tool of choice via Noetix Generator. Noetix Generator automates the manually-intensive process of creating the data models for leading BI platforms (including SAP BusinessObjects, IBM Cognos BI, Oracle BI, and Oracle Discoverer) with the objects necessary to develop reports against Oracle E-Business Suite.
Users can now create financial and management reports with automatic drilling on their natural account, cost center, or any segment of their chart of accounts. These reporting structures created for financial statements can now be used in day-to-day operational and management reporting for consistency across the organization. "That is incredibly valuable to organizations," Paul Winterstein, director of product management, Noetix, tells 5 Minute Briefing. "That means that they can manage with information, summarize and characterize during their operations in the same way that they are going to report on it, and that is a very tight coupling between financial objectives and information that they are working with day-to-day in their operational reports," he explains.
This is part of a larger plan for Noetix to add even more hierarchies from E-Business Suite into NoetixViews, and will create opportunities for customers to create whole new sets and classes of reports that were never before possible with NoetixViews, says Winterstein. "It is very encouraging from a product management and a company perspective to know that we will be delivering value that has been locked away in Oracle for specific purposes for users of Oracle E-Business Suite, and making those available for the first time ever in NoetixViews."
NoetixViews 6.1 also includes new views that are specific to release 12 and 12.1, says Winterstein. "It is very important to us to support some of these new features from Oracle as customers start to adopt them."
The latest release of NoetixViews includes new views for supplier-customer netting and item orderability (both features new to Oracle E-Business Suite Release 12), item demand and supply, payables invoice aging, and more. For customers who define their own invoice aging buckets, the new view for aging is automatically configured with columns for the buckets of each aging period defined in the system.
In addition, addressing the needs of Noetix customers who use security rules to restrict users to financial data consistent with their duties within the organization, with NoetixViews 6.1, users with multiple responsibilities for different ledgers and with different security rules can now query data from all their ledgers and have all the security rules assigned to them enforced on a single report for fast, secure data access.
NoetixViews 6.1 will be generally available by the end of October, says Winterstein. For more information, visit the Noetix website.