The new feature will enrich the already transformative suite of reporting, business intelligence, financial consolidation and workflow management solutions.

AUSTIN, TX, USA –(MIB)– June 14, 2018

Qvinci® Software is in the process of adding a new patented feature to its already transformative suite of reporting, business intelligence, financial consolidation and workflow management solutions with the issuance of the U.S. patent entitled “Methods and Apparatus for Providing Data Normalization, Scalability and Maintainability”. The “Normalizer” can be found in U.S. Patent No. 9,858,624.

According to company founder and inventor Charles Nagel, “the Normalizer, when fully implemented, will be a one-of-a-kind solution that allows users to automatically modify any number of native charts of accounts in a plurality of remote accounting files, such as QuickBooks®, to align with a desired pre-defined SCoA (standard chart of accounts). This feature will give users the ability to automatically update and modify one or many remote native charts of accounts from the centralized Qvinci portal.”

Nagel further added that “today’s heavy manual effort to modify one file at a time, every time the remote chart of accounts needs to be changed, is soon to be a thing of the past. We estimate that the time savings and efficiencies our customers will realize from automating this cumbersome manual process, especially when supporting franchises and multi-unit organizations, will more than pay for Qvinci’s nominal cost.”

William Murphy, Senior Editor of Insightful Accountant noted on Qvinci’s other capabilities, “How could you possibly not be jumping up and down screaming at the top of your lungs, I want it, I want it now… it’s like nothing you have ever seen before!”

Qvinci’s patented solutions are making a game-changing impact on accountants, franchises and multi-unit businesses of all sizes.

ACCOUNTANTS: Read how accountants are using Qvinci to meaningfully reduce the cost of processing client files, while expanding their practices by providing the actionable financial insights today’s decision-makers desire. Volpe Consulting and Accounting Services.

FRANCHISES: Learn how franchises are using Qvinci to automate financial data collection and provide franchisees with easy-to-understand, actionable reporting and business intelligence that improves operational efficiencies and profitability. MaidPro.

MULTI-UNITS: Multi-unit organizations, like non-profits, are adopting Qvinci’s easy to use reporting solution to facilitate data collection, consolidation and account mapping efforts. This allows them to quickly identify areas for operational improvement on both a consolidated and unit-level basis by analyzing business intelligence like KPI’s, peer benchmarking, entity comparisons and more. Diocese of Syracuse.

The technology behind Qvinci’s financial reporting platform was originally described in U.S. Patent No. 9,020,946 and U.S. Patent No. 9,483,799 as well as in a variety of other patent applications that are currently pending in the United States and worldwide. Standard Patent No. 2011353001 was next issued by the Australian Patent Office. Mexico followed by granting patents by virtue of Mexican patents MX/a/2013/005359 and MX/a/2013/011581. Many more to come.

According to Qvinci CEO, Brad Adams, “The Normalizer underscores Qvinci’s continued execution of its mission to develop and patent best-in-class, near real-time, cloud-based financial data consolidation, reporting, business intelligence and workflow management solutions for the accounting, franchise and multi-unit business markets.”

Adams added that “Qvinci is defined by a single word: Excellence. Excellence in the people we hire, the choices we make, the solutions we deliver and the support we provide. This translates into value and success for our customers. The Normalizer will be yet another example of excellence.”

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