Sarbanes Accelerated Reporting as Required by the SEC
| Under
75M Cap |
Before
|
After |
| 10K |
90 days |
75 days |
| 10Q |
45 days |
40 days |
| |
|
|
| 75M to
700M Cap |
Before
|
After |
| 10K |
90 days |
75 days |
| 10Q |
45 days |
40 days |
700M Cap and over |
Before |
After |
| 10K |
90 days |
60 days |
| 10Q |
45 days |
40 days |
| |
|
|
Customers tell us the following are key
Financial Management features that help reduce the closing cycle:
A collaborative, Web-based solution takes days and weeks out of the close cycle.
The ability to input text commentary and line-item detail over the Web helps ensure that the right information is submitted the first time, reducing the number of submission iterations.
Validations to help ensure that intercompany balances are matched and that the balance sheet balances prior to consolidation are key to driving down the close cycle. The new intercompany transaction matching feature can help too
Custom dimensions for product profitability and standard dimensions for external reporting reduce the need for additional reporting systems and the additional reconciliation procedures they typically require.
A Journals module with auditable Dr/Cr topside adjustments speeds the close. Local transaction systems need not be opened again for late adjustments
Enhance your Internal Control Process
Lets analyze each section of Sarbanes-Oxley compliance and determine how best to address the specific requirements of them
Find out more About Sarbanes Oxley Reporting. Contact us Today!
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