October 18, 2005

Revolutionary software solution extends Pegasus market reach 
 
Pegasus Software, one of the UK’s leading providers of financial and performance management solutions for the small and medium sized enterprise (SME), has launched a new version of its powerful and flexible XRL reporting and business intelligence tool. This latest development has been designed to provide an intuitive, rapid and accurate means of extracting and retrieving financial data from within Sage Line 50.

XRL which is Pegasus’ Excel Reporting Layer creates a dynamic, real-time link between Microsoft Excel and the Sage Line 50 database. It loads the data directly into an Excel spreadsheet enabling users to rapidly review, drill into and interrogate core finance information. Unlike many of the other integration tools available it is live and because it is highly intuitive data is both up to date and easy to access, which will help organisations to better understand company wide performance and improve the speed and accuracy of the strategic decision making process.