Bristol, UK, 10th November 2016 - prevero, a Unit4 company and a leading provider of Corporate Performance Management (CPM) and Business Intelligence (BI) solutions, today announced prevero 10 - the latest release of its software suite for business-critical financial planning.
The new prevero release extends prevero’s commitment to take CPM and BI beyond the finance office, with powerful new Self-Service functionality including an innovative Dashboard Designer that enables end users to generate their own customised dashboard views of prevero data cubes. Dashboard Designer not only eases the workload for power users, but also provides business users with far more flexibility in terms of accessing and fine-tuning their own dashboards – effectively extending the role that CPM and BI can play across an organisation.
prevero 10 features a range of new chart visualisation types – including Chord Chart, Geo Analysis, Clickable Bar Chart and Multi-Series – that can be used with dashboards. Users can also access their own cloud-based prevero 10 dashboards via a web browser that supports both fixed and mobile access.
prevero is a market leader in the fields of CPM and BI, and has been recognised as a ‘Visionary’ by Gartner, Inc. in its latest Strategic Corporate Performance Solutions Magic Quadrant*.
“With prevero 10 we’re continuing to build out our CPM and BI platform by making it even easier for organisations to optimise the performance of their often over-complex financial planning, budgeting and forecasting processes,” commented Alexander Springer’ prevero’s CEO. “prevero 10’s increased focus on self-service – including new features such as our powerful Dashboard Designer – will also add further value to our portfolio of focused CPM solutions that address the specific requirements of key industries including energy, manufacturing, finance, airports, telecommunications and the automotive sector.”
prevero 10 also features enhanced UI functionality for the software’s RichClient user interface, including the ability to generate new attribute dimensions. These can now be used for evaluation like normal dimensions, and can be retrospectively assigned without having to remodel existing data cubes. For example, if a business wanted to define the sale of products in more detail – perhaps based on ‘region’ or ‘time period’, then those definitions can become an attribute dimension that can then be used in dashboards or worksheets without requiring separate dimensions that end up ‘bloating ‘ the entire cube. The result is increased performance, reduced cube complexity and more straightforward applications functionality.
Another key new development in prevero 10 is its revamped formula editor that can understand complex formulas and autoformat them in a way that enables even the most complex formulas to be converted into an easily readable format.
prevero 10 will be available this quarter, with existing prevero customers able to upgrade as soon as the new software is released.
About prevero Group
prevero, a Unit4 company, provides Corporate Performance Management (CPM) and Business Intelligence (BI) solutions for planning, budgeting, forecasting, data analysis, dashboarding and reporting – supporting companies of all sizes in making smart decisions across every part of the business. Additional prevero functionality covers financial and operational planning, project planning, HR planning, strategy planning, risk planning and financial consolidation, and the company also supports the specific needs of industries such as energy, manufacturing, finance, airports, telecommunications and the automotive sector.
Headquartered in Munich with additional offices in Europe, Asia and the USA, prevero employs 160 people and maintains an international partner network. The company helps more than 4,000 international clients including ABB, Audi, Endemol, Fresenius Medical Care, Konica-Minolta, Mercedes, Swiss Life and Swisscom.
*Gartner, Inc. “Magic Quadrant for Strategic Corporate Performance Management Solutions”, 31 May 2016, Analysts: Christopher Iervolino and John E. Van Decker