Financial Reporting and Analysis
In today's often uncertain economy, a complete, consolidated view of financial performance is crucial to any organization's success. But a fast-paced and volatile environment, combined with rapid merger activity, global expansion, and the development of new e-business strategies has made it increasingly difficult to combine, analyze, and distribute information about operations and finances. Financial reporting regulations are also becoming more stringent, and corporations are under more pressure than ever before to guarantee the accuracy of the financial information they provide to the investment community and the public.
WebFOCUS can securely access corporate data sources to generate advanced financial reports in HTML, Excel, or PDF.
To meet these challenges, financial professionals at all levels – from CFOs to controllers to analysts – must be able to:
- Access and analyze real-time information located in various sources across multiple departments and business units
- Deliver that information to anyone, anywhere – including investors, creditors, and regulatory organizations.
Information Builders' WebFOCUS business intelligence (BI) platform provides robust financial reporting and analysis capabilities. Its powerful features satisfy the broadest range of financial information needs, enabling any user to quickly and easily turn enterprise data into the valuable insight needed to enhance financial planning, management, and control.
To further enhance the preparation, analysis, and communication of financial information, WebFOCUS offers complete support for XBRL®, the primary language for the electronic distribution of business data. The WebFOCUS XBRL Adapter enables the creation of a comprehensive financial data repository using an automated process for receiving financial data based on SEC-submitted Voluntary Filer XBRL Instance Documents. This data can be dynamically updated to any relational database, eliminating the need for IT intervention.