About Host Analytics EPM Suite
Privately owned and founded in 2000, Host Analytics, Inc. employs more than 200 people. They tout themselves as the first company to provide a complete suite of Enterprise Performance Management software (EPM) that was designed from the very beginning to be completely cloud-based. According to VentureBeat, Host Analytics is a “cloud piranha, taking big bites out of Oracle’s enterprise sales.”
Host Analytics is the lesser known name for a segment of the IT industry also known as business performance management or enterprise performance management software. Host Analytics divides its cloud offering into four platforms: Planning Cloud, Close Management Cloud, Reporting Cloud, and Analytics Cloud. According to Host Analytics, the business planning software in their Planning Cloud can cut planning cycles by 75 percent. Sydney Tucker, Director of Reporting at Zep Inc., says, “The Host Analytics cloud based consolidation and reporting application makes it easier for us to respond to change.” The Zep Inc. team found that implementing the cloud-based Host Analytics application replaced their previous system without disrupting work. It eliminated the need to copy and reconcile data between systems as well as adding new functionality like advanced workforce planning.
Features include automated budget collection and approval, rapid transformation of Excel models into cloud-based EPM, a simulation engine, and improved insight through rolling forecasts. The Analytics Cloud helps monitor and fine-tune your financial strategy with real-time data, allows key players to cooperate with self-service analytics and helps provide insight by combining financial and operational data in one place.
(Last updated on 03/21/2016 by Jonathan Ward)