SAP BusinessObjects Disclosure Management
Reduce the Time, Risk, and Cost of Disclosures
The SAP BusinessObjects Disclosure Management application is a key part of SAP's end-to-end solution for financial close – from source transaction to digital disclosure.
SAP BusinessObjects Disclosure Management can provide you with a collaborative, flexible disclosure process across teams in distributed organizational hierarchies and geographies, and across multiple systems and data sources. It facilitates an auditable, compliant workflow that reduces the time, risk and cost associated with the production and approval of both financial and non-financial regulatory statements, disclosures, corresponding XBRL submissions, and other associated output formats.
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SAP BusinessObjects Disclosure Management can help you ensure a timely, accurate, and risk-free close process by managing the production, filing, and publication of financial and regulatory statements and reports. The application can empower you to:
- Accelerate the financial close while lowering the cost of compliance
- Unite complex financial processes in a single framework
- Provide your financial professionals a visual, intuitive way to manage financial statement production
- Enable collaboration and workflow among individuals and teams
- Meet the new demands of XBRL publishing and IFRS compliance
- Leverage multiple output options for financial statement and other regulatory report filing and publication
- Integrate with SAP BusinessObjects enterprise performance management solutions and SAP ERP Financials
With SAP BusinessObjects Disclosure Management, you can reap benefits that include the following:
Speed and Flexibility
- Accelerate the generation of financial and non-financial statements while reducing the cost of compliance
- Integrate data from multiple sources for a comprehensive and trusted view of your organization
- Optimize the end-to-end financial close process, from source to digital disclosure
Collaboration
- Assign responsibility of disclosure processes to distributed teams across organizational units
- Automate integration and data flow to reduce redundant, manual processes and errors
- Allow your financial professionals to own the application and intuitively share information
Compliance and Control
- Reduce disclosure risk through in-house management and production of trusted financial statements
- Support multiple types of financial and regulatory reporting statements in a wide range of publication formats
- Enable finance professionals to create XBRL-based statements without technical training
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