Wednesday, September 17, 2008

CALUMO + Microsoft, sharing best practice in the financial close and reporting process

Calumo is partnering with Microsoft in a series of sessions, to illustrate how Microsoft, one of the world's largest companies, reduces the cost and risk associated with financial reporting.
Microsoft Corporate Accounting Group Manager Lisa Nelson, and Director of Corporate Accounting Alice Jolla, will be discussing in detail how Microsoft's financial reporting process creates a well controlled work environment.

CALUMO Group will be discussing the relevance of this best practice to Australian close and reporting. These practices enable Companies to dramatically streamline time-consuming traditional methods by operating out of one consolidated environment. Companies can collaborate and manage calendars, task lists, documents, and sign offs with a complete audit history and streamline the audit process to boot.

  • Microsoft has benefited through this best practice as follows:
  • Reduced annual report filing time from 50 days to 31 days
  • Shaved approximately five days out of internal checking process
  • Reduced black-out periods for stock trading
  • Enabled quarterly reporting simultaneously with earnings press release
  • Streamlined auditor involvement and reduced related costs

These events are scheduled for:
Melbourne: 23 September 2008
Sydney: 24 September 2008
Perth: 26 September 2008

Please Register Here.
Places at this complimentary event are limited - don’t miss your chance to attend an exclusive invite only session.

About CALUMO
The CALUMO Group (www.calumo.com) is a leading provider of Performance Management solutions for enterprise-wide reporting planning and Business Intelligence.  Since 1998 the group has successfully delivered solutions to a wide range of enterprises from SME's to some of the largest listed companies and government organisations.   These solutions provide quantifiable and valuable business insight, offering a single platform from which to integrate Corporate, Financial and Operational performance and objectives.

The Group is a Microsoft Gold Certified Partner in Business intelligence (achieving full competency in both Platform and Performance Management Specialisations), Data Management Solutions and ISV/Software Solutions.

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