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Digital Fuel Releases Updates to Cost Model and Data Quality Management

By   /  April 7, 2017  /  No Comments

by Angela Guess

According to a recent press release, “Digital Fuel today announced updates to its Financial Intelligence product with exciting new data quality management features for IT Finance. Financial Intelligence adds more features to enable IT Finance to quickly identify and fix data quality issues. The new and enhanced data quality management features provide dedicated tools for finding and fixing issues with General Ledger data. Digital Fuel also released updates to data quality management features for all data sources.”

Brett Arnott, Digital Fuel’s Director of Product Management and Product Marketing, said, “This is our biggest update to cost model and data quality management for our Financial Intelligence product… Cost Model complexity and the fear of not having perfect data delays starting or maturing IT Financial Management. The updates in this release expose actionable cost model and data quality insights to enable effective management of complexity and data quality. With this release, we are helping to remove roadblocks that delay starting or maturing IT Financial Management.”

The release goes on, “With the new Cost Model Assurance in Digital Fuel, IT Finance can measure and manage the complexity of cost models. At a glance the Cost Model Complexity score provides users with an immediate understanding of cost model complexity. The actionable metrics make it easy to identify what can be improved to reduce cost model complexity. A single view of cost model allocations boosts awareness of allocation accuracy and effectiveness. The Allocation Overview presents users with missing, un-configured or poorly configured allocations. It even displays intuitive icons with descriptive tooltips and informative drilldowns so users can pinpoint how to improve allocations. An easy to understand interface for the Allocation Overview means IT Finance can easily explain allocation methods to the Business, increasing confidence in IT.”

Read more at PRweb.

Photo credit: Digital Fuel

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