SAN JOSE, Calif.--(BUSINESS WIRE)--Incisive, a developer of enterprise-class spreadsheet analysis and management solutions, today announced that its Xcellerator solution has been named a 2013 Top New Product in the Spreadsheet Tools category by Accounting Today Magazine. Xcellerator was noted for its ability to enhance the experience of using spreadsheets, ensure data is error-free and help reduce fraud.
“Every year, it seems products for the accounting profession are getting better, and we’re privileged to be on the front lines of seeing what’s coming and, more important, where technology is moving,” said Seth Fineberg, Technology Editor for Accounting Today. “This year’s list, while not definitive, is a good sampling of some of the best of what’s new and currently available to accounting professionals.”
Spreadsheets are used for many accounting tasks including budgeting, planning and forecasting. While spreadsheets are easy to use, their lack of error checking features can inflict serious organizational risk. Xcellerator helps users resolve errors and risks, and gain confidence with spreadsheet results, by combing powerful error detection and investigative capabilities to comprehensively analyze spreadsheets. Developed for all spreadsheet users, Xcellerator significantly reduces material errors and possible fraud as well as the hours associated with detailed spreadsheet review.
“We’re very happy that Xcellerator has been recognized by the accounting community,” said Diane Robinette, President of Incisive. “Spreadsheet risk is a serious threat to any organization. Xcellerator helps minimize spreadsheet risk by pointing out errors in a straight-forward manner that is both revealing and instructive for users and management alike.”
Xcellerator is unique because it appears seamless within Microsoft Office Excel. It leverages a patent-pending overlay technology that uses a color heat map to identify and display errors and potential risks without actually “touching” the spreadsheet. The strength of Xcellerator lies in its extensive standard and configurable tests, ranging from formula errors and risk in cell accuracy to hidden errors and broken regions.
For more information or to obtain a free trial of Xcellerator, please visit www.incisive.com.
Incisive develops award-winning and innovative enterprise-class spreadsheet analysis and management solutions. All Incisive products comprehensively analyze spreadsheets to provide visibility and control through easy-to-use applications. Incisive solutions are well-known for accurately and reliably locating errors, thus giving users confidence in their spreadsheet information. The company’s online offerings complement its interactive installable products. For more information about Incisive and its solutions, visit www.incisive.com.
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