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Large organizations with many departments and corporations with many subsidiaries but also publically traded companies or any organization with strict reporting requirements will greatly benefit from uniplicity|report.
Despite the attempts of many organizations to develop "rules” and issue these as directives, subsidiaries inevitably deliver information in a myriad of forms and formats. Massive efforts to validate, normalize, correct and consolidate information must take place before information can be reported and commented upon in a clear way. The inefficiency and inaccuracy involved in gathering commented financial information on a large scale inevitably spreads to every stakeholder involved.
Companies spend a large amount of their time dealing with regulatory filings that have been generated from complex processes. Reporting forms and text are not integrated, and data must be handled manually at every stage in the process. The more the actual reporting moves away from the financial department, the less reliable it becomes. In the end, all stakeholders are left with suspect information. These problems are not relegated to large corporations, either. Government agencies and departments of all kinds run into the same situations, as do banks, investment firms and non-profit organizations.
uniplicity|report provides companies a streamlined internal and external reporting process, to support financial reporting in every organization.
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