Freiburg, Germany, November 29, 2016: On its mission to simplify planning, reporting and analysis across the organization, Jedox AG, a leading vendor of self-service planning and performance management solutions, today announced immediate availability of “Jedox 7”. The latest software release enables finance professionals to improve data-driven corporate performance management through leaner integrated planning and reporting processes. On top of product innovations like new smart data modeling interfaces and enhanced mobile experience, Jedox 7 also introduces brand-new “Jedox Models” for Profit and Loss, Cost Center, HR and Sales planning – preconfigured business applications to enable a fast start for new users and a solid foundation for growth.
Jedox Models further shorten time-to-value for users
Digitalization transforms the role of Finance from reactive to strategic, making agile planning, budgeting, and forecasting processes with focus on strategic objectives a key imperative. Additionally, a fast and straightforward implementation for financial applications is becoming increasingly important for organizations that want to be agile and differentiate themselves through innovation. When companies are looking to eliminate unnecessary customization, Gartner recommends to “evaluate any preconfigured best-practice templates offered by the vendor or its SI partners as a part of your evaluation as these will be key in implementing best practices in finance”.
With its new release, Jedox now offers out-of-the-box planning applications that users in the Office of Finance and business departments can easily adapt for their own organization, processes and business needs. The new “Jedox Models” (Profit & Loss, Cost Center, HR, and Sales planning) use proven modeling techniques and industry best practice to easily link financial planning processes with operational planning and sub-budgets. The Jedox Models are available at no additional costs through the new Jedox Marketplace and offer a fast start to integrated planning projects.
New modeling engine provides powerful tools for complex application design without coding
“Jedox 7 is a true game-changer: Our new models combine decades of hands-on project experience and best practices with advanced Jedox technology. Organizations can improve their planning processes through better collaboration and more accurate results. Additionally, we unified and enhanced our Jedox modeling platform, so that power users can build smarter planning applications in less time”, said Dr. Rolf Gegenmantel, Chief Marketing and Product Officer, Jedox. The Jedox Modeler has been completely redesigned for both the Jedox Excel add-in and Jedox Web interface and offers new templates, workflows and mapping functionality. Enterprises with global operations also benefit from new localization options and highly granular security settings within the Jedox platform.
Unified visualization for every device
For optimized data visualization, Jedox 7 introduces a new design stylesheet to easily adapt reports and dashboards to corporate standards. Customization was also the main driver behind the reworked Jedox Mobile App: Organizations can apply their corporate design with a few clicks and maximize user adoption. Users of the Jedox 7 mobile app can also use their mobile device to enter plan data, update forecast reports, access offline documents and thereby turn their smartphone or tablet into a full-featured business planning tool.
High-performance enterprise planning in the cloud
“We are proud to be the market leader in query performance. By enhancing our innovative GPU technology, Jedox 7 can offer dramatic speedup for large and complex planning models – in the cloud and on-premises,” said Gegenmantel. Jedox 7 is democratizing GPU access independent of hardware specifications: The GPU Accelerator can now be used with any CUDA graphics card, on a Virtual Machine or in the Jedox Cloud on Microsoft Azure. “Jedox 7 Cloud offers simplified backup and best in class integration across cloud and on-premises data sources to support organizations with their individual cloud strategy: either public, private or hybrid,” adds Gegenmantel.
Jedox 7 is now available – visit www.jedox-whats-new.com to learn more and download a free trial version.
 Gartner, Finance Moving to the Cloud: The Steps to Take and the Benefits You Can Expect, Nigel Rayner, Christopher Iervolino and John E. Van Decker, [Aug 22nd 2016].