News & Events
- 21 december 2015
- Posted by: Andre Salomons
- Category: Client Cases
Fernandes is the Coca Cola bottling, ice cream manufacturer etc. in South America
Balance sheet as framework
The choice for SharePoint Financial Suite® was primarily motivated by the flexibility of the platform; documents in any file format can be stored in the system. The decision was based on the fact that this product standardization facilitates the financial reporting and review process in a natural way.
Financial Suite® provides the distribution of information via secure Internet connections available to external auditors, or information to unlock board, shareholders and stakeholders. And although Fernandes is not yet mandatory to IFRS and SOx compliant, it will be considered as an advantage that this Financial Suite and reporting processes associated with supports this legislation.
That Fernandes has chosen for this ‘ customizable out-of-the-box ‘ solution, is in line with the investment policy. The management decided that a private built system would be too expensive, while the result is unpredictable. Combined with the requirement that future interfaces with new business processes on corporate level should benefit from the same platform, makes Financial Suite® the right choice for Fernandes. Especially the same metadata structure that is used in Legal Platform for our contract management increased our efficiency and information output.