IBM – FSR/ CDM
Cognos Disclosure Management is a unified financial governance solution that focuses on improving financial processes and controls, particularly in the final stages before disclosure. It helps the finance department improve the timeliness and quality of financial management processes and reporting. Cognos Disclosure Management also facilitates audits, extends enterprise resource planning (ERP) transactional controls, and improves financial risk management.
Cognos FSR is a unified financial governance solution that focuses on improving financial processes and controls, particularly in the final stages before disclosure. It helps the finance department improve the timeliness and quality of financial management processes and reporting, facilitate audits, extend enterprise resource planning (ERP) transactional controls, and improve financial risk management.
Cognos FSR automates the process of eXtensible Business Reporting Language (XBRL) tagging for compliance with the Security Exchange Commission mandate as well as other XBRL mandates around the world.
Features and benefits:
Enhances internal controls over financial reporting
Improves visibility and audit trail in the entire reporting process
Links source data to report data
Uses prior report as a template for the next report
Integrates Tag Once XBRL function
Contains tools to promote collaboration
Delivers workflow and task management tools
Includes business rules and validation
Has multiple output options, such as XBRL, EDGAR, HTML, Microsoft Word, PDF, and Adobe InDesign
