IBM Cognos FSR

IBM Cognos FSR

Clarity FSR provides a comprehensive solution to any organization’s external reporting requirements by automating the creation of annual reports, quarterly
reports, board books, bank call reports, corporate actions, CSR reports and any other statutory or regulatory filings.

Clarity FSR provides a collaborative environment where many contributors can participate in the creation of the external document, within a secure environment,
tight audit trail and with a seamless connection to source data.

Reduced Personnel Costs
With the ability to pull data from multiple sources, built-in workflow, multiple output options and a familiar user interface that leverages all the formatting capabilities of
MS-Word and all the calculation abilities of MS-Excel, financial reporting departments are improving personnel efficiency and effectiveness.

• Workload reduction through more efficient processes
• Reduction in overtime hours
• Well-paid employees focused on high-return activities
• Increased review time resulting in more ‘actionable’ insights into the business

Lower External Costs
With built-in internal controls, audit trail and workflow, companies realize significant savings using Clarity FSR by reducing the time spent by external resources in checking
and then producing various reports.

• Reduction in auditor fees
• Reduction in printer fees
• Reduction in typesetting fees

Reduced Risk
Risks, including those associated with factual errors, late filing, insider leaks and non-compliance incidents, are avoided via Clarity FSR workflow, collaboration,
audit trail and central database features.

• Reduced risk of error
• Reduced risk of late filing
• Reduced risk of non-compliance
• Reduced risk of insider leaks

Reduced Cycle Time
By automating the overall external reporting process to reduced production timelines, time is gained to conduct more comprehensive internal reviews, discussions and
analysis, in plenty of time to meet filing deadlines. And a single version of the truth means not having to re-apply formulas and re-key data, resulting in increased confidence in “the numbers”.

• Less review time required
• Fewer manual processes