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RealBRIDGE 3.0 Released, Improves Spreadsheet Management and AccuracyBusiness model management tool seamlessly integrates database, spreadsheets and the Internet.
By: Alan Melville - 1/31/2001
6 FEB 2001, DALLAS — RealINSIGHT, Inc. today announced the release of RealBRIDGE 3.0, a software tool that simplifies the management of complex, spreadsheet-based business models by combining the flexibility of a spreadsheet with the organizational power of a database.
RealBRIDGE organizes model information and components to solve many problems associated with model deployment, spreadsheet replication and consolidation. Previously, financial analysts and spreadsheet managers were disadvantaged by time-consuming revisions made to existing models and the inaccuracies in budget forecasts that so often followed. Today’s release represents a major technological advance in the way spreadsheet models are managed.
“With RealBRIDGE, financial analysts an portfolio managers can do in minutes what used to take hours or days,” said Scott Keith, president of RealINSIGHT. “Using their own spreadsheet templates, users can develop and deploy models over the network or the Internet without any macros, links or programming.”
RealBRIDGE saves time, improves efficiency and increases confidence. Customers keep the flexibility of their spreadsheets and gain access to powerful database features without giving up control of their models.
"Spreadsheet budgeting and forecasting has changed forever. RealBRIDGE sets a new standard,” Keith said. "It streamlines information flow in the organization and makes the modeling process more collaborative, accurate and timely. Unlike other methods, RealBRIDGE supports any model in any industry and does not require giving up spreadsheets, programming or database knowledge. For a financial analyst to take a spreadsheet-based model and integrate corporate data then deploy it a over the Internet as a powerful, enterprise-wide application in a matter of hours—without writing a single line of code—is truly amazing."
On a recent implementation, RealBRIDGE cut the budget effort by over 50 percent, streamlined the budgeting process and provided more accurate forecasts without requiring that the users give up their spreadsheets.
"We use RealBRIDGE to budget over 225 properties, as well as for our corporate G&A forecast.” said William Kell, SVP and Controller for Archstone Communities. "RealBRIDGE allowed us to leverage our existing investment in people, models and infrastructure with its unique technology. In the end, we have better budgets and a have greatly increased our reaction time to changes."
RealBRIDGE supports unique business modeling requirements by providing the following key features:
· Automatic Replication of Spreadsheet Templates
Improved Usability The RealBRIDGE 3.0 upgrade features many enhancements based on user requests, such as Screen Process Manager, Scheduled Batch Execution, Advanced Web Download Compression, Template Range Manager, enhanced mapping routines, simplified analyst interface, new reports and data management functions.
Pricing and Availability RealBRIDGE is available immediately. RealBRIDGE runs under the Windows environment. Internet deployment requires MS-IE5, MS-IIS, and a server that supports MS-SQL Server or Oracle database. Pricing varies based specific configuration requirements.
About RealINSIGHT, Inc. RealINSIGHT provides software and services for business modeling, budgeting and forecasting for all industries. RealINSIGHT incorporated in 1999 and is a subsidiary of Insight Associates, Inc. – a business and information systems management firm incorporated in 1994. RealINSIGHT and Insight Associates are headquartered in Dallas, TX, USA. RealINSIGHT and Insight Associates provides software and services for such companies as Archstone Communities, Walden Properties, JER Partners, JPI Lifestyle Apartment Communities, Lone Star Fund, Hudson Advisors, Fortress Investment Group and Emerson Partners, Inc.
Contact: Alan Melville 972.870.0785 x 104
RealBRIDGE is a registered trademark of RealINSIGHT, Inc.
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