Automate "the last mile" in financial reporting
Post-consolidation reporting is a painful experience for most organizations characterized by:
- Long hours for everyone involved to meet strict deadlines
- Frustration over lack of “single version of truth” across hundreds of MS Office based documents
- Backwards and forwards coordination with publishing companies
- Last minute error and inconsistency detection and correction
- Manually intensive efforts to comply with emerging regulatory requirements such as XBRL and iXBRL tagging
To help our customers experiencing these challenges Westernacher partners with Clarity Systems, a global leader in software solutions focusing on financial governance in final stages before disclosure.
Clarity FSR is a fully integrated solution that can significantly reduce your external reporting process and audit costs (up to 25%), while significantly reducing risks associated with errors and inconsistencies. Clarity FSR also allows you to bring XBRL tagging responsibility back in house, delivering 30% savings in costs associated with XBRL regulatory compliance.
Technologies: Clarity FSR
