Reduce Financial Reporting Time, Effort, and Error

As never before, the business spotlight is focused on financial reporting. Corporate scandals and the resulting Sarbanes-Oxley Act requirements make it more important than ever to know exactly where a business stands and quickly and clearly communicate those details within the business and beyond. With accuracy, completeness, and speed critical, it is no longer appropriate for people to manually re-key corporate data into Excel spreadsheets. Generating mandatory reports cannot take weeks, when federal compliance is measured in days.

Now every financial professional in your organization can quickly, easily, and cost-effectively get the answers they need to conduct business, comply with regulatory requirements, manage budgets, and forecast financial performance. Information Builders' WebFOCUS Financial Reporting Platform simplifies the financial reporting process, making it faster, more flexible, and more accurate. The platform contributes important features and benefits at every step, from data access and consolidation to generation of financial statements and reports, financial analysis and forecasting, and financial report distribution and archiving.

Deploying WebFOCUS Financial Reporting Platform dramatically reduces the time it takes to generate reports. People spend more time planning and forecasting, less time validating, justifying, and auditing because:

  1. Full integration with Excel eliminates tedious, error-prone data entry
  2. Drill-throughs to live data provide an immediate, accurate snapshot
  3. Accessing and consolidating over 300 data sources enterprise-wide – even ERP packages and Hyperion cubes – ensures accuracy and completeness
  4. Immediate or scheduled distribution of reports and associated documents speeds mandated reporting and encourages collaboration