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Verix Whitepaper Outlines Cure For Information Overload

Mountain View, CA, August 13, 2007 – Experts in advanced analytics, the executive team at Verix documented solutions for improving current sales reporting procedures found at most large organizations today. 

Employees and executives have literally gone from being information starved, to drowning in reports. Though exception reporting may reduce the number of reports a user receives, it introduces other problems for business managers within organizations including the risk of overloading users with false alarms, missing key changes in the business and overloading staff with maintenance of these systems.

The whitepaper contains a thorough explanation of how and why the current state of exception-based reporting is getting a big fat “F” on a list of things organizations typically do in order to improve performance.

Exception-based reporting involves combining reports with rules and other criteria or thresholds, which act as triggers for delivering the reports only when critical information needs attention.  The problem with exception-based reports lies in their approach of detecting change at a high-level, typically after the change has occurred in specific areas for a long while. 

“While good in concept and initial intent, exception-based reporting tries to solve one problem and frequently ends up just creating more,” said Haim Zysberg, CTO of Verix. “Technology exists that obliterates the need for exception-based reporting.  Today, there is no need for report overload or human intervention to locate the causes of change in business performance.”

The aspects that make this technology particularly appealing to all business users are fully explained in the whitepaper.  Additionally, this written piece offers explanations of how eliminating exception-based reporting can improve the bottom line.  The whitepaper is titled, “Overcoming the Challenges of Exception Based Reporting”.  To request a copy of the free whitepaper, visit www.verix.com/whitepaperdownload.htm.

About Verix
Verix is an innovative new company which provides software that automates advanced analytics. The Verix Discovery Suite examines data from both internal and external sources to automatically discover changes in business drivers, identify the source of the change, and provide actionable information to take advantage of opportunities or respond to threats. Verix is delivered as a managed service that fits into existing business intelligence processes. Only Verix puts the power of advanced analytics in the hands of any business user with powerful algorithms packaged in a straightforward, Web-based interface. The results -- significant increases in the performance of your business. For more information, please visit www.verix.com.

 

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