Competent Consulting on Creating Financial, Annual, and Management Reports with SAP BusinessObjects Disclosure Management
The intense pressure companies all over the world face in compiling external reports presents a number of major challenges. Meanwhile, time and cost restraints – as well as the scarcity of resources vis-à-vis increasing data quality and compliance requirements – make the process even more difficult. For example, recurring adjustments of content due to changes in data and the involvement of different teams and employees have to be organized in a transparent, audit-proof fashion. Furthermore, domestic and foreign authorities, regulators, and stakeholders can increase or modify their reporting standards – particularly with regard to electronic reports. Many companies view these circumstances as an acute need to optimize their external reporting systems.
To overcome these challenges, cundus can support and advise your company on all the aspects of creating annual, management, and sustainability reports – in both conventional and XBRL-based formats.
Generate your external reports with SAP BusinessObjects Disclosure Management
- Increase quality and minimize risk by moni-toring processes, maintaining histories, and directly connecting virtually any data source
- Increase speed and reduce effort by opti-mizing your reporting and automating data updates
- XBRL-ready software supports an array of output formats (Microsoft Word/PowerPoint, PDF, HTML, XBRL)
- Highly flexible and user-friendly
- Short implementation and rollout times
cundus experts ensure success for your external reporting projects
Our team of experts in disclosure management and XBRL (DMX) can handle both the area-specific and technical tasks required in implementing external reporting thanks to their:
- Extensive experience in minimizing risk, increasing quality, accelerating operations, and reducing effort in the creation of financial, annual, management, and sustainability reports
- In-depth technical expertise in implementing, utilizing, and training others to use SAP BusinessObjects Disclosure Management, as well as in generating XBRL-based reports – such as for Electronic Financial Reporting, the German Federal Gazette, the European Union’s regulatory authorities (BaFin, CEBS, CEIOPS), and the S.E.C. in the United States (20-F, 10-Q, 10K)
Our services at a glance
Our consulting services are based on proven best practices for creating external reports.
- Feasibility studies (proof of concept)
- Area-specific consulting and conceptual design
- Design of solutions and individual solution architectures
- Training programs and workshops
- Implementing and customizing standard software
- Project management
- User training, help desk, and go-live support
After conducting a comprehensive analysis of your individual situation and ascertaining your company’s specific needs, we’ll work with you on developing a tailored and efficient reporting scenario.
Increase your efficiency in generating external reports with SAP BusinessObjects Disclosure Management
The forward-thinking external reporting solution SAP BusinessObjects Disclosure Management leverages cutting-edge technology to provide a series of benefits:
- Increased quality, minimal risk, faster processes, and less effort in creating reports
- Automated report generation and direct data connections (with integrated version histories) save time and ensure audit compliance
- Workflow flexibility and the ability to collaborate in a familiar Microsoft Office environment increase efficiency and user buy-in
SAP BusinessObjects Disclosure Management thus supports the entire reporting process by handling:
- Organization, structuring, and management
- Workflow-based parallel processing
Data updates (in texts, spreadsheets, and graphics) from various data sources, either automated or at the click of a mouse - Output of extensive reports (Microsoft Word/PowerPoint, PDF, HTML, XBRL/iXBRL)
- Audit logging/version management and monitoring
cundus – your competent partner for internal and external reporting
Looking back on our 10 years of experience, there are many successful projects and renowned customers we can be proud of. Having developed and sold our reporting software (now known as SAP BusinessObjects Disclosure Management and SAP BusinessObjects Notes Management) to SAP AG, we now work closely with the new development team and have maintained our detailed knowledge of these solutions. In addition, cundus and its group of DMX experts stand out in its ability to provide the following:
- Targeted consulting related to the disclosure process
- Increased data quality and minimized risk of error
- Reduced time and effort, audit compliance
- Comprehensive specialist skills
- Many years of experience in optimizing processes involving individual and consolidated financial statements
- Experience in national and international accounting
- Close cooperation with the International Accounting Standards Board (IASB)
- In-depth technical expertise
- Longstanding partnership with SAP and comprehensive knowledge of its software solutions
- No other company (besides SAP) offers SAP BusinessObjects Disclosure Management consulting
- Member of XBRL Germany and XBRL International
- High-quality consulting
- A holistic approach to consulting, from project conception to operational implementation
- Short project lead times
