SOx-Compliant Financial and Management Reporting @ Engineering Company

Client

  • Consulting and engineering in infrastructure, environment and facilities.
  • Around 10.000 employees.
  • Annual revenue > 1 BN EUR.

Context

  • Improve statutory and management reporting .
  • Closing, consolidation and reporting done in Excel.
  • SOX-compliancy.

Solution

  • Implementation of OutlookSoft CPM to replace Excel.
  • Single point of entry and single point of output.
  • Improved reporting package and more sophisticated analysis capabilities.
  • Save on manual data entry and data processing.

Results

  • Statutory and management reporting fully integrated via OutlookSoft CPM.
  • SOX proof.
  • Automated interface to SAP and DELTEK Vision source systems.
  • Implementation of global intercompany matching process.
  • Improved reliability and efficiency of reporting.
  • Improved quality of information.