Global disclosure management software to standardize and automate global financial statement preparation

Filing statutory financial statements is a legal obligation in most countries around the world. Multinational corporations must prepare and file statutory financial statements quickly and accurately to comply with statutory reporting obligations across the globe. However, these ever-changing statutory regulations, policies and disclosures can vary widely from country to country. As a result, many worldwide companies do not to meet the annual filing requirements for each country which results in substantial fines. Valuable time is often wasted manually checking that every corporate financial report is correct, is submitted on time and meets the local statutory reporting compliance requirements.

Features

• **Best practice content: **Access local language, best practice, country-specific reporting templates and content updates by leading experts.
• **One-click translation: **Machine translation service allows for software and reports to be translated quickly and simply into English.
• **Automated processes: **Save time with automatic updates using the power of cloud technology, and increase accuracy with automatic rounding, numbering, referencing, and roll-forward processes.
• **Complete audit trail: **Substantiate your reports with standard workpapers, providing a full audit trail.