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| Overview
| What's New
| Runtime
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Version 4.1
Do you develop complex financial models? Now you can create them faster than ever before!
ENCORE! for Windows lets corporate financial planners build complex models in one third the time.
Unlike traditional spreadsheets, ENCORE! for Windows separates formula logic from data and expresses formulas in
plain English. Models can be developed and debugged more quickly. Maintenance is easier than one-two-three, and
since ENCORE! for Windows is designed specifically for complex financial models, it loads and calculates faster
than standard spreadsheets.
Stop Playing Hide And Seek With Formulas
Because traditional spreadsheets hide formulas within cells, even a relatively simple model can be difficult to
understand. Totals often depend upon previous calculations, which may themselves depend on other calculations,
and so on. Since each calculation layer may refer to cells scattered throughout the spreadsheet, over time a complete
understanding of the model's logic may escape even its author. And the older and more complex a model is, the more
likely it is that errors will creep into the data.
But ENCORE! for Windows users don’t have to play games. They develop models using simple statements that express
the model's logic in step-by-step fashion, without reference to specific cell locations.
Fewer Errors
ENCORE! for Windows stores all the formulas in one place, making it easy for users, as well as developers, to understand
the logic behind the model. Formulas can be checked, assumptions recalled and underlying logic reviewed - all effortlessly.
Consolidations Are Easy
By keeping formulas separate from data, ENCORE! for Windows allows one logic file to be used over and over again
for unlimited sets of data. Stores in a chain, divisions of a company, franchises, companies owned by a major conglomerate
- each unit can have its own data file, while all share the same logic file. Consolidations, currency conversions,
and percentage reports become simple tasks.
Maintenance is Faster
When data files share the same logic file, last-minute calculation changes won’t cause frantic hair-tearing. You
simply revise the logic file. Updates occur automatically the next time a data file is opened or printed. No more
going through each and every spreadsheet.
Security is Built In
Logic files in ENCORE! for Windows can be locked so that users cannot accidentally damage the formulas. If a system
is developed by someone other than the end user, the developer can ensure that the user cannot change the model
-- either intentionally or by accident.
Complex Data Checking
With the formulas in a separate file, complex data checking can be automatic. A model can be sent to operating
departments or divisions for data input with complete confidence, because all data entered must conform to stated
specifications, limits, internal consistency checks or other validity-checking parameters built into the original
model.
Formulas That Tell It Like It Is
ENCORE! for Windows uses plain English-like statements to represent formulas. Instead of
- C7=D92-H38
you can say
- Gross Profit = Sales Revenue - Production Costs
Since formulas are expressed in English, the logic and the model are instantly
understandable. As a result, modifying or expanding the model is simple. In fact, users find ENCORE! for Windows
can save up to 90% of typical maintenance costs!
Self-Documenting
Models in ENCORE! for Windows are automatically self-documenting. Formulas are written in English, so it’s easy
to follow the logic. And the logic file is always up to date -- reflecting any and all changes. For models that
need to be audited or verified, having the formulas in English results in a faster, more efficient auditing process.
Report Formats
That Don’t Interfere With Data
Like the formulas, report formats are also separated from the data and maintained in a special file. With the reporting
format stored separately, the data can be set up logically, so you don’t have to worry about data order or positioning
on a report.
And just like the logic file, one report file can be used for multiple sets of data. A retail chain can use one
report file to generate reports for every store. Changes and modifications are made in only one place and carried
through to all stores.
Sophisticated Models Built For Speed
ENCORE! for Windows is designed specifically for users who develop complicated financial models. Mathematical,
statistical and financial functions are built in. With functions like Internal Rate of Return (IRR) and Net Present
Value (NPV), tables for depreciation and tax payments, forecasting techniques like regression analysis and the
Winters methodology, models can be built fast.
Because ENCORE! for Windows is optimized for complex models, it loads quickly. With standard spreadsheets, a large
financial model can take several minutes to load. But ENCORE! for Windows loads it in seconds. Calculations are
just as speedy.
Debugging Is A Breeze
ENCORE! for Windows includes a number of features to make testing and debugging fast and easy. Functions like Stop
Calc, Show Logic, single stepping of calculations and syntax coloring help developers track down and fix problems
fast.
ENCORE! for Windows takes the complexity out of building complex financial models.
For some applications, a simple spreadsheet program is all you need. But for sophisticated models that are faster
to build, quicker to load, and easier to maintain, you need ENCORE! for Windows.
Optimized for complexity, built for speed: ENCORE! for Windows means business.
Feature Details
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