Improving the Last Mile in Financial Reporting with IBM Cognos FSR
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To watch the recorded on-demand web seminar go to http://alturl.com/cev4j ...
To watch the recorded on-demand web seminar go to http://alturl.com/cev4j
Watch the web seminar to learn how the Office of Finance can leverage IBM Cognos Financial Statement Reporting (FSR) for its external and internal reporting requirements, XBRL compliance, and analytic insights.
Although many organizations have made investments in solutions for monitoring financial performance and extracting financial data, many of these companies also rely on costly manual processes for the creation of external and internal financial documents. Automating the processes required in the creation of quarterly and annual reports is viewed as the Last Mile in the financial reporting. At present, the Last Mile has become even more cumbersome due to new additional regulatory reporting mandates (e.g. SEC’s XBRL Mandate) and efforts to enhance Internal Controls over Financial Reporting (ICFR).
Organizations are facing many challenges in creating a sustainable financial governance process that can lead to long term cost savings and increased reliability of financial reports. Beyond delivering regulatory compliance, finance leaders are expecting better business insight. Now with IBM Cognos FSR you can overcome all these.
Watch the web seminar to discover how to make your Finance department more efficient. You will learn that IBM Cognos FSR:
•Automates the creation of the external and internal financial reports (10K, 10Q, 8K, MD&A, Annual, Board Book, Prospectus, Flash or Management Reports, Executive ppt Decks, Monthly Operations Reports, etc).
•Provides one version of the truth, across all reporting applications.
•Is very easy-to-use and allows you to leverage the tools you use today (MS Word, MS Excel, PowerPoint, Adobe),
•Promotes collaboration – each section of the document can be managed, reviewed and approved by different stakeholders.
•Supports various output formats – MS-Word, PDF, MS-Excel, XBRL, and others.
•Is the only integrated XBRL tool.
•Works with any Financial Consolidation or ERP system, including SAP, Oracle, Hyperion, and others.
Learn more: www.CognosFSR.com
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