New Partnership Streamlines Financial Performance and Compliance Management

By CIOReview | Thursday, August 6, 2015
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PLEASANTON, CA: Certent, a SaaS provider, with Vena Solutions has team up to provide effective financial management with regulatory reporting and compliance.

Vena’s, a cloud-based Corporate Performance Management (CPM) turns to Microsoft Excel to provides a enterprise-class business solution with centralized database, workflow and business rule. It regulates security, accuracy and integrity gaining from flexibility and computing power of excel.

The solution works promptly as Certent’s Disclosure Management platform obtains financial performance data within Vena allowing the users to link the data across Microsoft product. For instance, updating tables and content from spreadsheet to Microsoft word document and also managing and boarding the report in Microsoft Power Point increases efficiency and is also error free.

As Disclosure Management Platform access the data, the team can edit, comment and review financial disclosures simultaneously. The platform enables the reporting team to generate, present and exchange data both internally and externally. Based on a single source document users can prepare SEC-compliant submissions, XBRL, and EDGARized HTML and directly file to SEC.

"The Vena/Certent partnership came about because both companies share the perspective of allowing users to leverage advanced technology in the environment they prefer to work in, Microsoft Excel," says John Neider, Director of Partnerships and Alliances for Certent.