Pick up any financial report and you will always find references to the footnotes of the financial statements. The footnotes give a detailed description of the practices and reporting policies of the company's accounting methods along with the disclosure of additional information that can't be shown in the statements themselves. In other words, footnotes expand on the quantitative financial statements by providing qualitative information that allows for a greater understanding of a company's real financial performance over a specified time period.

Footnotes can span hundreds and hundreds pages of text. Together with the underlying documents that validate them, they comprise a vast amount of information.

These footnotes are written and audited both internally and externally by all the people involved in a complex report. They will exchange information through copying and pasting part of the master document in new documents and send those new documents around as attachment to an email. Needless to say that there is no structure, no insight or control of what is happening with the information in these documents.

Having spent millions on compliancy in financial systems, companies literally throw away that investment by using an unstructured and uncontrolled process to publish financial statements as the last step in the financial process.

uniplicity|report helps to manage the vast amount of footnotes in any complex report or document!