Pegasus XRL is our award-winning Business Intelligence tool which seamlessly links your financial information with Microsoft Excel in a couple of simple steps. From now on there’ll be no more re-keying, no more copy-and-pasting and no more data falling through the cracks. It’ll just be fast, accurate and secure reporting and analysis.
"Opera 3’s XRL reporting is fantastic and as well as being able to export reports easily to Excel, we have much better management information to help us run the business and maximise profitability"
Deborah Cutting, Management Accountant, Absolute Marketing
"Pegasus XRL is a vital tool for us, it allows us to take information straight out of Opera 3 into Excel to analyse it and perform calculations on it straight away"
Guy Atkins, Managing Director, Jo Bird
Pegasus XRL provides powerful and adaptable access to the financial and distribution modules within Opera 3. With its flexibility, ease of use and advanced drilldown capabilities, Pegasus XRL delivers fast and accurate information to provide enhanced analytical power.
Pegasus XRL really is easy to use. The XRL Wizard will help you import data into Excel. Simply select the Company for which you want to get data, identify the area of the system you are interested in and then choose the fields you want to import. Plus, it's all written in plain English so you don't have to work with technical jargon. Getting your company's data into Excel will now take seconds!
The first step to using Pegasus XRL is to log on to the software. This is important as it allows the system to check your user rights and thus ensure sensitive data is only accessible to the relevant personnel. Once this has been done, you can use Pegasus XRL to display financial data in no time at all. What's more, it's accurate too. Pegasus XRL data is extracted straight out of Opera 3, therefore eliminating the input errors common in manual spreadsheet use.
Now that you don't have to fiddle about entering information into a spreadsheet, you can spend more time producing valuable and detailed analysis using Pegasus XRL’s powerful reporting tools.
With Pegasus XRL, you can create a link between the data and a specific field in a spreadsheet so that you can design Management Reports (P&L, Balance Sheet etc) in Excel and link the data fields 'live' into the latest financial information. This means that producing Management Reports now takes hours rather than days. Further reporting power is provided by multi-dimensional analysis tools such as Cube Analysis and Pivot Tables.
Not only can you export data into Excel, you can also interrogate those fields and drill down to the transactions behind them.
For example, a Turnover Value for a customer can be expanded by invoice number and then expanded again so that you can see the stock items which make up that invoice. The real power of this becomes obvious the moment you’re asked to explain a value on a spreadsheet; using drilldown to investigate the transactions behind the field, you’ll have an immediate answer without having to refer back to the accounts system.
The Data Send facility in Pegasus XRL is easy to use and allows you to take information which has been prepared in Excel and load it directly into Opera 3. Information such as Nominal Budgets, Price Lists and Stock Adjustments can all be entered into Opera 3 with a minimum of effort. Not only does this feature save a great deal of time, it also eliminates the need to undertake mundane repetition of manual input and therefore proves most popular!
Data Cubes provide multi-dimensional views of data for use in business analysis. An example of this would be where insight is needed into sales of stock items by region, sales representative, type and so on, and in any combination – this would be the sort of information that exists within the finance system, but would not be so readily available and with this degree of manipulation.
The key to Data Cubes is that information can be manipulated in many ways for a quick and effective view of trading conditions. Furthermore, the data in one of these virtual cubes can be:
The Cube Analysis feature within Pegasus XRL provides an efficient and easy way of working with Data Cubes so that data analysis can be undertaken rapidly and with the minimum of fuss. The result is that many finance departments can conduct interesting and thorough investigation into performance data, spotting trends, problems and opportunities and therefore providing a value added service for the organisation.
Excel users who already have experience with Pivot Tables will particularly enjoy working with Cube Analysis. Indeed they may well find it even easier to select and import data into a Pivot Table when using Pegasus XRL.
With Pegasus XRL, extracting data from Opera 3 is astonishingly easy. You simply select what you need from the drop-down menus and click.
Everything you’ve selected is immediately imported into an Excel spreadsheet for you. And if you change your mind about the data you’ve selected or want to look at things differently, a few more clicks is all it takes.
These days no-one can afford to spend days producing simple management reports. Pegasus XRL dynamically links effective and accurate reports to an Excel spreadsheet so they only take a matter of minutes to produce – and you can concentrate on getting a solid grip on your company’s financial performance.
The Pegasus XRL link is live, so you’ll always be working with up-to-date information. No matter how long you spend on your analysis, your results will always be valid.
Pegasus XRL is an award winning and cost effective tool for customers operating Pegasus accounting software. These benefits include: