Main functions of a disclosure management system
The software enables the integration of data from various sources, such as accounting systems, ERP (Enterprise Resource Planning) and other relevant systems.
A Disclosure Management System automates the process of data collection and consolidation, which reduces the risk of errors and reduces the workload.
Team members can work on different parts of a report at the same time. This promotes collaboration and speeds up the reporting cycle.
The system enables versioning of reports and provides a detailed audit trail to track who made what changes.
There are often predefined workflows to ensure that the necessary approvals and checks are carried out before a report is published.
A disclosure management system helps companies to ensure compliance with accounting standards and other regulatory requirements.
The software often offers functions for formatting reports according to regulatory standards or individual user design ideas.
Access to sensitive financial information is controlled and secured to prevent unauthorized access.
Advantages of a Disclosure Management System
Collaboration and teamwork
Transparency and auditability
Reusability of data
Better report quality
Microsoft Office integration
Your added value through the PAS
Our specialist support helps you to understand the specific requirements and processes of your company. An experienced expert analyzes current reporting and disclosure practices and suggests suitable adjustments for the integration of a Disclosure Management System.
We configure your Disclosure Management System to meet your specific business requirements. This includes the definition of workflows, integration with other business systems and consideration of compliance requirements.
Our training for your employees ensures that they can use the system effectively. This facilitates acceptance of the Disclosure Management System within the company and improves efficiency.
From numerous disclosure management projects, we can recommend best practices and industry standards to maximize the effectiveness of a disclosure management system. This can help avoid potential mistakes and optimize implementation.
During the implementation phase and beyond, we help identify and resolve issues. This helps to minimize downtime and ensure smooth operation of the Disclosure Management System.
Technology is constantly evolving and our specialist support can ensure that the Disclosure Management System remains up to date. This includes regular updates and upgrades to incorporate new features and security enhancements.
Our support helps to identify and manage potential risks associated with the implementation and use of the Disclosure Management System. This also includes data security and compliance measures.
A specialist contact person is not only important during the implementation phase, but also in the long term. We help to continuously optimize the Disclosure Management System to meet the changing requirements of the company.
We have experience with the most successful and popular tools on the market. As an independent consultancy, we will find your best fit among our software partners or beyond. You can find an overview of our software partners here.
We are an interdisciplinary team and can support you in all aspects of your reporting process on request. Find out more about our Closing Excellence approach.