Data-Pattern Index

Data-Pattern Index

About the Product

DPI introduces Matrix Accounting in its initial product, Double-Entry Accounting Journal Entry Index. Product offers immediate audit committee comfort by providing a view of all members of a controlled group

Organizes and indexes

Searches

Identifies

Product also allows optional spreadsheet analysis and full retrieval of precise journal data when desired. Periodic transaction comparison capability is planned for future editions.

Currently, the program works with batches, but is designed for real-time with minor program changes.

Benefits to the Accounting Function

The Data-Pattern Index™ provides significantly increased search and analysis sophistication, while retaining present reporting methods.

Full journal entry summaries (with the "other ends")

Direct flow reports

  • Top-down analytic review of internal control
  • Tallies the patterns of entries for each account-side, as well as dollars and transaction counts for each pattern
  • Analyzes all units within a group (brother/sister, subsidiaries) at the same time

The Data-Pattern Index™ restores associative information intended with double-entry accounting processes, but lost with relational databases and SQL.

The same information, retained in transaction form, provides insight to those close to the situation.

Benefits to Clients/Companies

The Data-Pattern Index™ offers numerous advantages to internal and independent auditors, accountants, CPAs over other products.

  • Clearly separates the repetitive from the unusual, thus identifying areas needing further scrutiny.
  • Increases relevancy of information to present operational and financial conditions, allowing precise and timely intervention where needed.
  • Offers significantly faster operation, reducing computer/personnel requirements.
  • Improves data management for more informed decision-making, increased profitability.

The Data-Pattern Index™ is an elegant solution to traditional accounting "blind-spots" and is simply packaged for those who know accounting better than they know computers.

Contact DPI today to inquire about a confidential product demo.