SAS, a provider of Business Intelligence solutions, announced today the launch of SAS Financial Intelligence, an advanced portfolio of software solutions that helps organizations achieve accurate and timely results from their finance functions.

The SAS Financial Intelligence solution comes with the latest releases of SAS Financial Management, which provides integrated financial consolidation, reporting, planning and analysis. It also features the SAS Strategic Performance Management that helps in formulating, executing, and fine-tuning business strategy.

Commenting on this development, Sudipta Sen, MD and CEO of SAS India Pvt Ltd., said, “New government regulations such as the Sarbanes-Oxley Act and Basel II, have brought finance in the focus. Our new solution is designed to aid CFOs in better enterprise planning and performance management.”

 Apparently, the solution is expected to equip CFOs with the intelligence to address regulatory compliance, financial transparency, strategic planning and corporate governance.

With SAS Financial Intelligence, finance executives can collect and consolidate financial data - easily and quickly - from operational systems, thus establishing appropriate financial transparency.