Incisive Concourse Combines Intuitive and Productive Features for Spreadsheet Users with Natural, but Powerful Controls for Risk and Audit Teams

 

Sunnyvale, Calif. (Business Wire) – October 7, 2010 – Incisive, a leading developer of enterprise-class spreadsheet analysis and management solutions, announced a new spreadsheet collaboration and control solution named Concourse. Available today, Concourse benefits organizations at both the spreadsheet user and auditor levels by creating a collaborative environment for all involved to create, maintain and audit critical spreadsheets. It allows spreadsheet users the familiarity of using Microsoft Excel for their tasks, but the work resides in a flexible environment so audit teams can proactively manage risk and exposure to the organization.

 

“To proactively reduce errors in spreadsheets, companies must provide employees with solutions that work with incumbent tools, like Microsoft Excel, to help them accomplish their tasks and give them confidence in their spreadsheets,” said Kevin Swartz, engineering lead for Incisive. “However, audit teams are tasked with keeping the organization’s risk exposure to a minimum. What makes Concourse unique is its focus on the collaborative process between audit teams and employees. Its easy-to-use features encourage good project habits, like ensuring that users are working on the latest version of a spreadsheet, while allowing audit teams to maintain control without applying excessive demands. The natural result of implementing Concourse is visibility and control of critical spreadsheets within the organization.”

 

The collaboration features in Concourse give project managers easy and clear ways to work together with team members. Collaboration features include the ability for a project administrator to set up his/her own project team within Concourse. In addition, the project administrator may assign appropriate roles and tasks to each team member as well as send email notifications regarding tasks and status changes. Control features in Concourse are easy and natural for project members to use. Concourse includes an easy-to-track version control feature so users know they are working with the correct version while older versions are available for reference. It provides a “check in/check out” process to maintain the integrity of each spreadsheet. This process allows one person to change a spreadsheet while others may view a read-only version. Concourse leverages the patented overlay technology with a powerful Diff function so both auditors and users have visibility into what details changed in any spreadsheet since it was checked out. This comparison functionality monitors an audit trail of all activities associated with a spreadsheet, such as who checked it out, and what/when/why changes were made. Finally, Concourse offers a wide array of standard reports to help auditors keep track of location, last published, owners and more for all spreadsheets in the repository.

 

With Concourse, projects and associated information are stored in a repository according to spreadsheet management best practices. This repository may be accessed at any time so users can establish and maintain access to all project versions. The repository may be hosted in the cloud by Incisive, reside on a local network or remain on a local computer as designated by company policies.

 

Concourse complements other solutions in the Incisive product line, including Xcellerator, the premier spreadsheet analysis application, and Validate, the leading spreadsheet auditing software. Concourse is available today from the Incisive by calling (650) 209-5411. For trial versions or more information about Concourse and other Incisive products, please visit www.incisive.com.

 

About Incisive

Located in Sunnyvale, California, Incisive offers a comprehensive suite of products designed to minimize spreadsheet risk. Incisive solutions target all types of spreadsheet use, from creation and maintenance to audit and control, so organizations can depend on the information for their financial and business decisions. The company’s online offerings complement the interactive installable products. For more information, visit www.incisive.com.

 

For more information, press only: Jill Dopp, Dopp & Associates, Inc.
Phone: (303) 324-0044
Email: 
[email protected]


About Diane Robinette

Diane RobinetteDiane Robinette is President and CEO at Incisive Software, a company helping risk executives reduce exposure in critical business and financial processes. Prior to Incisive, Diane served in executive and senior level positions at companies including BroadVision, Contivo (acquired by Liaison Technologies), Covigna (acquired by ProQuest/Snap-on), Perfect Commerce and Proximex (acquired by Tyco). She also held management positions at KPMG and EY. Diane believes that by taking a modern and automated approach, risk teams can move towards a risk resilient posture that allows them to anticipate and reduce exposure, no matter what is thrown their way.