ClearFinancials® 2.0 Released (PDF)

Posted on December 3, 2006

pdf ClearFinancials® 2.0 Released (PDF)

Product Update Announcement


ClearFinancials® 2.0 released, includes Excel Data Link (EDL) and Multiple Data View.


“ClearMomentum, Inc., a developer of Financial Management software announced the release of ClearFinancials™ 2.0 earlier today. The SaaS application provides a complete platform for executives that wish to tie management objectives to financial outcomes, integrating financial reporting for one up to one hundred separate locations. ClearFinancials™ is ideal for companies that wish to assemble monthly financial data from different locations that use different operating systems.


The ability to compare actual financial performance to plan with budget is now standard functionality with ClearFinancials™. Capital budget data is integrated with ClearFinancials™ via excel data link (EDL) and processed through the same rigorous algorithms as actual performance data. Review in depth analysis on all budgeted metrics including cash to cash cycle, inventory turnover, days sales outstanding, return on invested capital and more. Budget details are versioned and stored to track budget history and changes.


Executives may dynamically view trends, ratios and performance metrics. The system can be utilized in a physical boardroom setting or conducted from various locations. The latest installment to the ClearFinancials™ multiple data view control, also enables data to be viewed by quarter. As with the fiscal, calendar, and trailing twelve month views, the user may also compare quarterly data to prior period performance as well as to budget.


ClearFinancials™ 2.0 is an emerging best practice for financial communication and review. On demand access to financial information allows users to report, retrieve, compare and collaborate like never before.”


Click here for the official news release

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