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Excel4apps and Z Option Announce Partnership to Offer Business Users Full Circle Access to SAP Financials

23 March 2011
Business users gain direct links to SAP through familiar Excel interfaces for uploading and downloading data without programming help

RALEIGH, NC (March 23, 2011) – Excel4apps, a provider of best-in-class Excel based reporting software for use with SAP and Oracle, has today announced its partnership with Z Option, a leading developer of complementary software solutions for SAP. With easy spreadsheet uploads from Z Option’s GLSU product and direct downloads of live SAP data for financial reports using GL Wand from Excel4apps, business users never leave the comfort of Excel to complete critical tasks.

“We are pleased to join forces with Z Option to provide business users real-time, full circle access to SAP, without lengthy waits for programming support that cut into valuable time needed for financial analysis,” said Chris Meyer, Director Americas for Excel4apps. “GLSU’s ability to quickly upload general ledger entries is a natural complement to GL Wand’s fast downloads of SAP data for ad hoc and standard reports. Because users directly interface with SAP via Excel, productivity, as well as accuracy, is maximized with these products.”

Both GL Wand and GLSU are easy to install and require no additional hardware. Likewise, the two products require little training, as most financial users and accountants have already mastered Excel. In addition to holding SAP Partner status, Excel4apps and Z Option share a similar corporate background, as well as a culture grounded in customer support.

“Excel4apps holds our own philosophy for establishing long-term relationships with customers, as well as our core belief in developing real solutions for real-world business challenges,” said Jim Halepaska, Co-Founder of Z Option. “Like us, Excel4apps was founded by accounting and finance experts, so our common mission is to support these types of users by sharing our skills and providing flexible software that improves productivity in working with SAP.”

For customers like iNova Pharmaceuticals, a provider of over-the-counter and prescription medicines to international markets, the combined power of GL Wand and GLSU results in an automated monthly accounting cycle. The company’s finance group easily capitalizes on the familiar Excel access each tool provides to SAP.

“As an accountant, I simply calculate an adjusting journal based on actual values with GL Wand, then upload the adjustment amounts as journals using GLSU – without rekeying values or performing other error-prone and inefficient activities,” said Peter Tysoe, Group Finance Manager for iNova Pharmaceuticals. “To complete the process, I simply click the refresh button to see the latest updated actuals. Any templates I may create can easily be used next month, or adapted for other areas to further speed up month-end cycles.”

About Excel4apps

Excel4apps is a provider of best-in-class Excel based reporting software for use with solutions from Oracle and SAP. Its award-winning GL Wand product helps financial professionals save time by delivering accurate and secure information in the familiar Excel environment. The company serves a broad range of industries, including financial services, education, utilities, insurance, hospitality, manufacturing and engineering. All products are available for immediate download and free trial, installing in minutes with no data warehouse and no additional hardware, setup or security configuration needed. Excel4apps maintains offices in the United States, United Kingdom, Australia, United Arab Emirates and South Africa. More information is available at www.excel4apps.com.

About Z Option

Z Option Inc., a leading supplier of complementary financial software solutions for SAP, provides desktop integration and other solutions to many Fortune 500 companies and smaller markets, across all industries. Founded in 1999 and headquartered in Lewisville, Texas, Z Option is a privately held corporation and SAP software partner. Z Option’s products include GLSU (Financial Uploader), Budget Loader (Retrieve and Load Budgets) and LIVExpress (Invoice Verification). Each of these software packages enables organizations to streamline financial data entry into SAP by integrating common financial functions with Microsoft Excel. For more information, please visit the company website at www.zoption.com or call +1-972-315-8800.
  • "We saved about 50 hrs. a month on intercompany reconciliations thanks to faster data compilation using GL Wand"

    Michelle Wallace, Arbonne International, LLC

  • "It’s great to work with a group so committed to providing not only a great product but stellar service as well."

    J Raffensberger (MBA), Corporate Controller, Glatfelters

  • "GL Wand is a fabulous tool, we love it."   

    Donna Holley, Spectranetics

  • "This has to be the quickest ROI we've had on any software investment."

    J Raffensberger (MBA), Corporate Controller, Glatfelters

  • “GL Wand has been a big hit with Cairn’s Finance team."

    Chris Hebden, Cairn Energy PLC

  • "It took less than two hours to train report users. The time savings for everyone is incredible."

    Francis Nocom, Applications Manager, Cochlear

  • “GL Wand has proven extremely valuable in accessing our Oracle data with Excel."

    Michael Hinck, Finance Systems Project Manager, HBO

  • "GL Wand has given our finance users the freedom to think outside the box and be more innovative with performance metrics."

    Martin Stanton, Chief Information Officer, Destination Hotels & Resorts

  • "GL Wand has given our finance users a very flexible tool."

    Paul Simpson, Lancashire County Council