Eliminate Errors in Statutory Reporting
Regulatory requirements that mandate reporting of financial and non-financial information to varied government agencies can place a heavy burden on companies. IAS. IFRS, Basel II, Solvency II, SOX, and AML, include some of the most well-known financial statutory reporting requirements. Each industry has its own additional set of statutory reporting laws and regulations. Bankers and insurance companies have numerous fiscal filing requirements in each state in which they do business. Publicly held companies have additional sets of SEC reporting requirements that must be met.
| "Infogix Controls automated the tedious work of validating our statutory reporting. We now have confidence that the reports are complete and accurate.”
- Global 2000 Insurer
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Statutory Reporting requirements have gotten more rigorous. Penalties for non-compliance have gotten more serious. The information required for these reports comes from many different systems, on different computing platforms, and applications. Add to this the changing landscape of regulatory requirements and compound it with mergers and acquisitions. You can see that this risk of information errors is increasing. Such errors can lead to fines, embarrassing headlines, and the unwanted attention of regulators.
The Information Integrity® experts
Infogix has over 28 years of Information Integrity expertise. Many of the world’s leading corporations depend on us. In fact, many have mandated Infogix Controls as the standard. And unlike other available options, Infogix Controls apply to all business processes across your enterprise – to ensure that all of your statutory reporting is accurate, consistent, and reliable. Infogix offers you a comprehensive controls solution that includes flexible information validation rules, balancing checks, detail cross-checking, duplicate transaction detection, and much more.
Infogix Controls can validate your statutory reporting by verifying that regulatory requirements are met while alerting your teams to potential information errors at the earliest possible point of discovery – long before reports have been submitted. Infogix Controls independently and automatically validate reported information against your diverse array of internal source systems and databases. You can streamline the process to generate and validate accurate statutory reporting.
Join hundreds of other industry leading companies who have successfully implemented automated statutory reporting validation and other Information Integrity® solutions from Infogix.
For More Information
To learn more about how Infogix Controls can independently and automatically validate all of your statutory reporting, contact us today.