Can you Spot the Next Enron?
Software tool can aid corporate watchdogs and investors alike seek out the next Enron.
(PRWEB) October 12, 2004
Investors made wary by recent corporate scandals now have one more tool to use in rooting out malfeasance by unethical corporate leaders.
Financial information in annual and quarterly reports and other financial disclosure is often presented to shareholders electronically in file formats that are difficult to use, including the highly secure and difficult to access PDF format. However, a new software tool allows this data to be unlocked quickly and easily for thorough-going examination and analysis. This new software tool is Able2Extract version 2.2.
Able2Extract software, with one click, instantly and directly converts numbers and data from PDF, HTML and Text into formatted Excel spreadsheets so that all of ExcelÂ’s powerful analysis capabilities and functions can be brought to bear in assessing the reliability of financial information provided by companies.
“Not very long ago, the best way to check on numbers and information delivered in PDF annual reports was to manually retype them number by number into Excel. This was frustrating, time consuming and expensive when dealing with all the data in an annual report,” said David Moon, President of Investintech. com.
Using Able2Extract, individual investors can quickly transform their data into Excel spreadsheet and proceed to evaluate the health of their investment by using the powerful tools of Excel to generate such analysis as financial ratios and models. No more having to rely on the financial analysis generated by third parties!
“Able2Extract was developed precisely to make the conversion simple, fast and accurate—and to permit the ready analysis of information provided. Users can now spend their time preparing financial ratios and models as opposed to manually re-typing data! Prior versions of our product have already been well received by individual investors and the financial services industry alike.”
Able2Extract is a bundle of 10 conversion utilities in all, with PDF to Excel being just one of the conversion options. For example, Able2Extract also instantly and reliably converts PDF into editable Word, HTML and Text as well.
The value in all these conversions is that material that previously would have had to be converted manually is transferred instantly into editable formats, ready for analysis and manipulation.
A full license of Able2Extract sells online for US$89.95, a 30-day license is also available for $19.95. A free download demo of Able2Extract is offered for a three day period.
To try or purchase Able2Extract go to www. investintech. com
About us: Investintech Inc. is a developer of innovative software technologies specializing in the conversion and manipulation of data into more useable formats. Investintech produces solutions that enhance the ability of professionals to do their job in a timely and cost effective manner.
For more information please contact:
Keith Bradbury
Www. investintech. com
Keith. Bradbury@investintech. com
416-920-5884
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