Cognos FSR transforms the way organizations manage and deliver critically important management reports and external disclosures.
Enterprise disclosure management
- Automates the creation of statutory and regulatory reports throughout a global operating framework.
- Offers a collaborative environment where many contributors can participate in the creation of financial data, narrative analysis and XBRL-tagged filings.
- Provides an audit trail with a seamless connection to source data.
- Helps you produce global statutory and regulatory submissions more efficiently with more controls and in compliance with appropriate regulatory bodies.
Financial management process automation
- Automates reporting processes for management reports, operations reports, board books, and strategic planning and forecasting reports.
- Pulls data from a variety of financial and non-financial sources into a unified reporting platform.
- Helps create, format and validate highly sensitive reports quickly, accurately and securely.
- Provides executive, financial and operational leaders with accurate, timely data and analysis to make better and faster business decisions.
Global XBRL compliance Integrates XBRL into the external reporting process.
- Helps to make the tagging, validation and creation of XBRL documents more efficient and less error-prone.
- Supports many global GAAP and IFRS base and extension taxonomies.
- Supports industry-specific taxonomies such as Solvency II for insurance and COREP/FINREP for banking and lending institutions.
- Adds integration, controls, automation and audit trail to ensure data integrity and enhance governance in daily finance and accounting processes.
SEC compliance and regulatory/public sector reporting
- Automates the creation of 10-K, 10-Q and other U.S. Securities and Exchange Commission filings.
- Produces external financial documents more efficiently, with more controls, and in compliance with Sarbanes-Oxley.
- Helps create many types of federal, state and local government reports including A-11 budget and A-136 financial reports, CAFRs, and more.
- Provides a comprehensive solution for creating and managing CSR reporting including GRI reports on sustainability.