26 March 2014

Stamford, CT (United States)

Recognizing When a Financial Consolidation and Reporting Solution is Outdated: Webinar Presentation Hosted by Obero Solutions and Tagetik


Organizations must replace manual and error-prone processes with new applications and technologies that can automate internal and external financial reporting, according to Obero Solutions senior executive

Finance professionals can get best-practice guidance about evaluating, selecting, and migrating to new financial consolidation and reporting solutions in the complimentary webinar, “The Top Signs It’s Time to Migrate to a New Financial Reporting Solution,” on Thursday, March 27, from 11:00 to noon, EDT. The webinar presenter is Harjot Ghai, senior vice president of professional services for Obero Solutions, a leading provider of implementation and consulting services for corporate performance management solutions. The webinar is hosted by Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence.  

“Research shows that a large majority of companies still rely on spreadsheets for financial reporting.  Furthermore, disclosure management and external reporting remain a separate and very manual process done at the end of the monthly cycle rather than in conjunction with it.  We see many organizations that still manually copy Excel data into Word and PowerPoint documents for internal and external reports,” said Ghai.“Today’s business climate dictates a dynamic and automated approach for reporting.  Less time should be spent on ‘ticking and tying’ data and more time should be spent on data analysis and making better decisions.”

Performance, data integrity issues, version control, and limited audit trails are just a few of the problems companies encounter when using outdated financial reporting software or Excel, according to Ghai.

The webinar will cover these and other topics:

  • Benefits offered by the current generation of financial reporting solutions
  • An overview of the financial reporting vendor landscape
  • Defining your requirements and evaluating your options
  • Migration path, resource requirements, and risk minimization
  • Training and support considerations when selecting a provider
  • Software demo of Tagetik Collaborative Disclosure Management (CDM) and how it addresses the requirements of advanced financial reporting

 

About Obero Solutions
Obero Solutions is a rapidly growing global leader providing expert implementation services and professional support in the area of corporate performance management. Obero’s innovative and highly experienced teams of project managers, consultants, and solutions architects offer world-class implementation consulting services for budgeting, planning, forecasting, consolidations, reporting and XBRL solutions. Obero Solutions works with companies of all sizes and across all industries. To learn more, visit www.oberosolutions.com

 

 

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Media Contacts:

Luca Pieretti Tagetik Corporate Public Relations lucapieretti@tagetik.com +39 0583 96811

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