SAP Disclosure Management by Tony Wright

Introduction to SAP BusinessObjectsDisclosure ManagementReduce the time, risk and cost of regulatory disclosures

SAP Canada

May 19, 2011

© 2011 SAP AG. All rights reserved. 2Confidential

Agenda

SAP BusinessObjects Disclosure Management and the problem it solves

Customers benefit from SAP BusinessObjects Disclosure Management

SAP BusinessObjects Disclosure Management overview

� Speed and flexibility

� Collaboration

� Compliance and control

Demonstration

Summary


SBO Disclosure Management


The Challenge of Regulatory Disclosures:Lack of Automation, Visibility and Control

Collecting disparate data is time-consuming

� Disparate data sources across system landscapes

� Regulatory information contained in spreadsheets

� Manual cut-and-paste for narrative content

Manipulating data manually increases cost

� E-mail workflow reduces visibility into status

� Multiple document instances and versions

� Approvals are cumbersome to manage and audit

Decentralized disclosures increase risk

� Manual cut-and-paste into different formats

� XBRL filing separate from statement publication

� Last-minute adjustments may cause inconsistencies


Today's Reality


Disclosure Management Organization and Simplification

SAP Disclosure

Management


Architecture – Disclosure Management


Business Analytics Solutions from SAPAchieve Remarkable Results

Strategy Management

Planning, Budgeting, and

Forecasting

Profitability and Cost Management

Financial Consolidation

Enterprise Performance Management

Disclosure Management

Enterprise Data Warehousing

Data Mart Solutions

High-performance Analytic Solutions

Data Warehousing

Reporting and Analysis

Dashboards and Visualization

Data Exploration Mobile

BI Platform

Business Intelligence

Enterprise GRCAccess Risk Management

Global Trade Services

Continuous Transaction Monitoring

Governance, Risk,and Compliance

Data Services

Master Data Management

Event Processing

Content Management

Enterprise Information Management

Information Governance

Analytic Applications

By LoB

Service, Sales, and Marketing

Procurement

Supply Chain

Finance

Sustainability

IT, HR, and more…

By Industry

Financial Services

Public Sector and Healthcare

Manufacturing

Consumer Products

Retail and Telco

Utilities and more….


SAP BusinessObjects Disclosure ManagementReduce the time, risk and cost of regulatory disclosures

Speed and flexibility

� Accelerate the generation of disclosure statements

� Integrate data for a single view across the

organization

� Optimize the close from source to digital disclosure

Collaboration

� Assign disclosure responsibility to distributed teams

� Automate integration and data flow

� Designed for ownership by finance professionals

Compliance and control

� In-house production of trusted financial statements

� Support multiple financial and regulatory statements

� Enable creation of XBRL-based statements


Speed and FlexibilityAccelerate the generation of disclosure statements

Re-usable report and disclosure statement

structures

� Sample templates for common financial

disclosure statements (10K, 10Q)

� Statements are composed of components,

including chapters and sub-chapters

� Components can be re-used in multiple other

statements

Statement versioning

� Editor checks out a statement component for

content creation

� Updates are checked in with a new version

and comments

� Content changes from prior version are

highlighted for easy identification

� Allows roll-back to prior statement version


CollaborationAssign disclosure responsibility to distributed teams

Distributed workflow

� Between teams and individuals

� Across hierarchical levels and

organizations

� Role-driven tasks

� Business-driven configuration of workflow

tasks, status indicators, and next steps

Change management and approvals

� Separation of roles between editor of

content, and approver of content

� Audit trails based on workflow,

management of statement and chapter

versions, and comments to document

changes


CollaborationDesigned for ownership by finance professionals

Ease of use

� Utilizes easy-to-use, web-based interface

� Simple creation and linking of financial

statements and chapters

� Overview of tasks and timelines with due

dates for better visibility

� Status icons to manage progress of

statement production and approvals

� No need for IT intervention

Familiar software environment

� Use of Microsoft Office solutions, which are

familiar to finance professionals

� Microsoft Office templates ensure

consistent formatting for all statements

� Document versions capture and highlight

changed information


Compliance and ControlIn-house production of trusted financial statements

Support for multiple roles

� Administrator role for set-up

� Functional roles for Editor and Approver

Manages the authorization and access to

sensitive data

� Leverages source system authorizations for

data loads and refreshes

� Authorization to statements and components

managed in disclosure management solution

Versioning and traceability of all approvals

� Creates an audit trail of tasks and versions in

the statement production process

� Approvals are managed at the component and

the complete financial statement levels


Compliance and ControlEnable creation of XBRL-based statements

XBRL engine

� Integrated into the disclosure management

process to leverage the same source data

� Allows financial professionals to manage

mapping and tagging using drag-and-drop

XBRL taxonomies

� Supports any taxonomy in use today

� Enables financial users to execute tagging

using drag-and-drop and business rules

� Allows financial users to extend existing

taxonomies to provide additional detail to

investors

XBRL instance documents

� Creation of instance documents by the

application

� Validation and preview prior to filing


Agenda





� Collaboration


Demonstration

Summary


SAP BusinessObjects Disclosure ManagementReduce the time, risk and cost of regulatory disclosures

Key Features Business Value

Speed and Flexibility

� Accelerate the generation of disclosure statements

� Integrate data for a single view across the organization

� Optimize the close from source to digital disclosure

Reduces Time

� Accelerates the collection and management of information across the entire enterprise to support regulatory disclosures

Collaboration

� Assign disclosure responsibility to distributed teams

� Automate integration and data flow

� Designed for ownership by finance professionals

Reduces Cost

� Streamlines and automates the collection, validation, and approvals with an easy-to-use, visual interface

Compliance and Control

� In-house production of trusted financial statements

� Support multiple financial and regulatory statements

� Enable creation of XBRL-based statements

Reduces Risk

� Enables the production and publication of reliable, complete, and auditable financial and regulatory statements


Managing the Risks

1

3 4

Errors

Non-Compliance

Late Filing

Insider “Leaks”

Feature Benefit

Integration to SAP BW/BPC

No rekeying

Compare feature Can see exactly what has changed

Feature Benefit

Data and template Roll-forward

Quick setup for next reporting cycle

Integrated XBRL More time at end of cycle

Feature Benefit

Role based security

Only authorized users can view/edit data

Workflow controls Tight management of who sees what and when

Feature Benefit

Audit Trail To track who did what, and when

Filing ‘validation’ See & review XBRL errors prior to filing

2


For More Information

www.sap.com/disclosure-management

See SAP.com for:

Solution briefs

� Disclosure management

� Financial consolidation and reporting

Demos

� Disclosure management

� The Financial Close - Optimizing Performance and Driving Financial Excellence

Solution in detail

� Enterprise-wide financial control

� Financial consolidation and reporting

� Starter kits for disclosure management and IFRS

White paper

� The Financial Close - Optimizing Performance and Driving Financial Excellence


For More Information about Achieving Financial Excellence with SAP …

Visit the Financial Excellence Executive

Overview pages on the SAP website for

thought leadership papers, solution briefs, demos and customer stories:

www.sap.com/financialexcellence

www.facebook.com/cfoknowledgewww.facebook.com/sapepm

www.twitter.com/cfoknowledgewww.twitter.com/sapepm

You can also follow us on:

http://cfoknowledge.wordpress.com/

www.sdn.sap.com/irj/bpx/financial-excellence

Thank You!

Contact information:

Tony Wright – [email protected]


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The statutory liability for personal injury and defective products is not affected. SAP has no control over the information that you may access through the use of hot links contained in these materials and does not endorse your use of third-party Web pages nor provide any warranty whatsoever relating to third-party Web pages.

© 2011 SAP AG. All rights reserved

Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal Decisions, Web Intelligence, Xcelsius, and other Business Objects products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of Business Objects Software Ltd. Business Objects is an SAP company.

Sybase and Adaptive Server, iAnywhere, Sybase 365, SQL Anywhere, and other Sybase products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of Sybase, Inc. Sybase is an SAP company.

All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary.

The information in this document is proprietary to SAP. No part of this document may be reproduced, copied, or transmitted in any form or for any purpose without the express prior written permission of SAP AG.

This document is a preliminary version and not subject to your license agreement or any other agreement with SAP. This document contains only intended strategies, developments, and functionalities of the SAP® product and is not intended to be binding upon SAP to any particular course of business, product strategy, and/or development. Please note that this document is subject to change and may be changed by SAP at any time without notice.

SAP assumes no responsibility for errors or omissions in this document. SAP does not warrant the accuracy or completeness of the information, text, graphics, links, or other items contained within this material. This document is provided without a warranty of any kind, either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, or non-infringement.

SAP shall have no liability for damages of any kind including without limitation direct, special, indirect, or consequential damages that may result from the use of these materials. This limitation shall not apply in cases of intent or gross negligence.

The statutory liability for personal injury and defective products is not affected. SAP has no control over the information that you may access through the use of hot links contained in these materials and does not endorse your use of third-party Web pages nor provide any warranty whatsoever relating to third-party Web pages.

SAP Disclosure Management by Tony Wright

Technology

Transcript of SAP Disclosure Management by Tony Wright