Financial Disclosure Management

Financial Disclosure ManagementFinancial Disclosure Management is a new software category that sits between Enterprise/Corporate Performance Management (EPM/CPM) and GRC (Governance, Risk & Compliance) processes. It automates the process of producing all kind of recurring internal and external reporting (annual report, quarterly report, internal management books, ...) with a focus on combining the data from the CPM solutions (like financial reporting & consolidation packages) with the written out analysis and management comments on the figures and ensures consistency and accuracy of the process across departments and users based on workflow and authorization levels.

Solutions in this new market segment include IBM Cognos Disclosure Management, SAP Business Objects Disclosure Management, Oracle Hyperion Disclosure Management / Oracle Hyperion Financial Close Management and Tagetik Disclosure Management.