The company said that the new software has been named for King Arthur’s soothsayer; Merlin (Ambrosius), and developed to meet the requirements of accountants, consultants, and bankers servicing the small business sector.
Xambrosius caters menu driven, pre-programmed plug-and-play models, web data mining of salary and business comparable information, enabling users to streamline the development of financial plans.
The tool also offers reasonable, time-saving, integrated BI tools for accountants, consultants, bankers, and small business managers to foresee and stress test, future business assumptions with forecasts, including balance sheets, income statements and statements of cash flows.
Assumptions used to develop the forecasts are also provided by the tool that is all measured against 16,000 private company comparables.
The tool will be co-marketed by GPX Software and Salary.com.
