Financial Management

The Challenge: Disparate financial data, ineffecient reporting processes
Crown Solution: Financial management reporting
Business Benefits: Consolidated financial data, ongoing compliance

The Challenge

You know by now that the Sarbanes-Oxley Act (SOX) of 2002 demands stricter financial standards for publicly traded companies, along with the firms helping with their audits. As a result, you must maintain internal control of your financial reporting processes, provide evidence of those controls, and prepare relevant annual and quarterly financial statements. To maintain compliance, your finance executives must have an integrated view of your financial and operational reporting.

Crown Solution

Crown's Financial Management solution offers the visibility and control you need for your financial management processes. Leveraging web-based technologies, it enables consistent, streamlined, and controlled financial consolidation activities. With Financial Management, you can accelerate the consolidation process and reduce the close cycle time, freeing up critical resources for analytics. Crown's solution enhances data visibility from the general ledger through a user interface designed for your financial professionals. Web-enabled dynamic reporting allows you to transform granular data into usable business information, and meet all global and domestic regulatory requirements.

Business Benefits

As an Oracle Certified Partner, Crown has a talented, experienced enterprise performance management team that can assist you in implementating Financial Management to streamline your financial reporting process. We'll help you develop consolidated financial and operational reporting processes to enhance internal control practices with documented data flow. With the Financial Management solution, you can:

Produce real-time web-based reporting results across your organization, significantly reducing the consolidation and close reporting cycles
Effectively integrate it with existing enterprise systems, further reducing costs
Reduce the risk of internal errors while producing a secure, documented audit trail and easy access to financial and operational analysis