Tuesday, 14 October 2014 01:13

Risk, compliance software embedded with Yellowfin BI solution Featured

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Global Quality, Health, Safety, Environment (QHSE), Risk & Compliance management software company Integrum Management Systems has embedded Yellowfin’s Business Intelligence (BI) platform within in its solution.

Under the deal with Yellowfin, Integrum has made its fully-integrated reporting module available to its more than 200,000 licensed users across more than 40 countries, including Fortune 500 companies such as Coca Cola Europe, Jetstar Group and Westfield Group.

According to Integrum CEO and founder of the Integrum Group, Beven Schwaiger, embedding Yellowfin’s BI platform into its software solution means that the company can empower its clients to effectively and efficiently manage risk and meet compliance obligations, while simultaneously optimising business processes to generate added business value.

“Yellowfin has given our clients the reporting and analytics functionality they need to assess their Governance, Risk Management and Compliance (GRC) data to improve operational decision-making and strategic planning.”

Yellowfin General Manager for APAC, Patrick Elliott, said that as a result of the integration, Integrum is now able to meet demand from existing customers for functionally rich reporting and analytics capabilities, capitalise on the new revenue stream created via its Yellowfin BI module, and better compete for new clients – “all while using far fewer resources than if they were required to develop, maintain and support a comparable BI module in-house”.

“Embedded BI has always been an important part of our market approach – that’s why our business model and technology strategy make it easy for our ISV partners to deliver world-class BI to their users quickly.”

Schwaiger said that Yellowfin had allowed Integrum and its clients to reduce the amount of time spent developing custom workarounds.

“Prior to embedding Yellowfin’s BI solution, Integrum could only produce basic reports with an in-built reporting tool that allowed clients to export GRC data to Excel.

“In search of additional functionality, some customers bolted separate reporting tools onto Intregum, while we also built custom suites of hard coded reports to satisfy the requirements of specific clients.”

According to Schwaiger Integrum selected Yellowfin as its embedded BI partner because the vendor’s flexible approach to ISV relationships met Integrum’s financial and technical integration requirements.

“Yellowfin offered a flexible partner model that matched Integrum’s business model.

“Because Yellowfin approved a usage model with unlimited user numbers and access to functionality, we knew we could deliver outstanding value to our clients whilst ensuring that Integrum’s licensing structure remained unaffected.

Integrum offers its QHSE, Risk & Compliance management solution as either a hosted Software as a Service (SaaS) offering, or via traditional on-premise deployment.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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