Thursday, March 02, 2006

GL Wand - Oracle General Ledger reporting using Excel Add-In

Today I came across the Excel4Apps site which is selling a product called GL Wand. It’s an Excel Add-In which allows you to produce reports off your General Ledger Data.

On the site you’ll find the following reporting examples and tutorials:

• 60 Second GL Wand Overview
• GL Wand Overview
• Oracle Financials Ad hoc Account Query
• Statutory Reporting From Oracle Financials
• Oracle Financials Cost Allocations
• GL Wand Tutorial

According to the site:

GL Wand uniquely manages the information flow between Oracle Financials and Excel in a secure, single version of the truth and highly productive manner.

• Installs in minutes
• HTTP internet architecture
• Online Vision “Test” account

Most Oracle Financials users already have and know how to use Microsoft Excel. GL Wand simply makes the Excel interface highly productive by eliminating manual refreshes and placing your Set of Books information at your fingertips.

This results in shorter reporting cycles, quicker month end closes and an enhanced experience when using Oracle Financials.

Looks like an interesting product, certainly looks a lot easier to use and maintain than FSG’s!!. There’s also a GL wand blog which is described as a place where existing GL Wand users can share their real life experiences of using our GL Wand product on Oracle Financials and hear directly from the founders what the future product plans are.