The Next Level of Computer Aided Audit Tools

InformationActive, Inc. officially released its new data analysis and manipulation engine ActiveData for Office™ on August 10, 2005. The general release comes three months after ActiveData for Office™ was introduced as a limited release, at the Institute of Internal Auditors (IIA) Software Expo held in Fairfield, New Jersey. The limited release earned stellar reviews from customers and the endorsement of the Association of Certified Fraud Examiners (ACFE) and other similar groups who made ActiveData for Office available to their members.

“ActiveData for Office is a major step forward for our users and for InfromationActive,” Michael Pluscauskas, President of InformationActive Inc. said in a press release announcing the general availability. “This product provides our customers with a flexible and dynamic platform that not only breaks the Microsoft Excel™ row barrier, but also is adaptable and expandable for future planned functionality. Users have been asking for a powerful data analysis tool that works with Microsoft Office and we have given them that and much more. I’m also proud of the fact that we’ve provided an exceptionally robust product at a very competitive price.”

ActiveData for Office stretches the boundaries of traditional data analysis tools by providing exceptional integration with Microsoft Office. Users can append documents and web pages to their analysis and archive the entire file in addition to analyzing millions of rows of data quickly thus providing new levels of information control while still allowing the flexibility to view results within ActiveDatae for Office or Microsoft Excel. ActiveData for Office also includes macro capability for recording commonly performed tasks and full audit trail capabilities.

“This is the platform that fulfills our vision of providing tools that accountants, auditors, and financial analysts can use every day, that save them time and money with the smallest possible learning curve. I’ve spent a lot of time this year talking to customers and I think the new products reflects what we’ve heard,” John West, vice president of technology for ActiveData said in the press release.

ActiveData for Office is the second successful product launch announced by InformationActive Inc. in two years. ActiveData for Excel™ was introduced in March 2004. Since then, it has become one of the fastest growing Computer Aided Audit Techniques (CAAT) software packages in the world and has enabled a broad audience to gain access to powerful accounting, audit and financial data analysis tools.

“ActiveData for Office picks up where ActiveData for Excel leaves off. It’s a high performance tool that shatters the 65,000 row barrier at an unbeatable price point,” observes Richard Lanza of Auditsoftware.net, the internet portal dedicated to furthering the use of computer-assisted tools into the audit process. “If you have only one weapon in your audit or fraud detection arsenal – make it ActiveData for Office.”

A full working 30-day demonstration copy of ActiveData for Office can be downloaded from the InformationActive web site at www.informationactive.com. ActiveData for Office can also be purchased through the web site at an introductory price of $499 USD for a limited time.

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