Preparing your company’s financial reports for a board meeting is often a dreaded process. Yet, when done with proper preparation and process, it can become a beneficial opportunity to establish clear communication between board and staff to create a common understanding of your finances.
To transform this process, you need to move away from the disjointed, manual process that’s delaying this important information from providing transparency to your organization. We will help you prepare board books, earnings statements, reports for auditors, and more with the accurate information and transparency your key stakeholders require.
Trintech Disclosure Management will allow you to gain more control over and stronger visibility into your financial reports for both external audiences, such as the SEC, and internal audiences, such as your board of directors and executive team members.
The Record to Report process has many critical components, and the final step of reporting is just as crucial and complex as the rest of your Close process. By using Trintech Disclosure Management’s automated capabilities for report creation, compliance collaboration, approvals, and research, you’ll be able to eliminate manual processes, reduce risk, and improve control all while increasing the effectiveness and efficiency of the whole process. Trintech Disclosure Management will allow you to see a noticeable improvement in the control, accuracy, and timeliness of your reporting and seamlessly integrate it into the rest of your Record to Report processes.
As boards of directors and investors demand greater transparency, private company reporting has become as onerous as that of public companies. Our clearly formatted reports can be tailored to your needs, and you’ll be able to provide all of your key stakeholders with the insights they need to make well-informed decisions about your company’s future.
Your team will be able to work together as they edit, comment on, and review financial disclosure content and XBRL. With strictly controlled access for each user, it’s easy to coordinate reviews and approvals while capturing an audit trail.
All of the relevant financial data from your accounting and ERP systems is directly connected to the disclosure management process to eliminate manual data entry errors and maintain one version of the truth. Throughout the process, this information is also directly linked and updated in any Microsoft® documents or spreadsheets you may be using to finalize your submissions.
Trintech offers the only comprehensive, automated Record to Report solution for your office of finance. We will help you transform your reconciliation, journal entry, compliance, close, and reporting processes to be more effective and efficient, saving you time and money throughout the entire R2R process.