Faster Processes, Smarter Decisions

Gain a unified view across all channels and commercial levers available. Manage change by freeing yourself from unnecessary complexity and arduous manual processes.

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Why Choose Akeron?

✓Customized solutions for businesses of all sizes and industries.
✓Customer-centric approach to revenue management
✓Tailored solutions that fits specific business needs and goals
✓ Advanced analytics tools and proprietary algorithms
✓ Expert Support: Our team of experts is available to help you every step of the way, from implementation to ongoing support.

Technology

Akeron

Akeron Srl today has over 400 customers in every field and size: from leading names such as Intesa SanPaolo Group, Decathlon, Bolton Group, ESA Engineering, Prada and Cressi Sub to medium and small companies.

The post Revenue Growth Management appeared first on crmt.com.

Faster processes, smarter decisions

Manage change by freeing yourself from unnecessary complexity and arduous manual processes. Win time and resources to devote to key activities for the success of your business.

Click on the image to see the full infographic!

Technology

Akeron

Akeron Srl today has over 400 customers in every field and size: from leading names such as Intesa SanPaolo Group, Decathlon, Bolton Group, ESA Engineering, Prada and Cressi Sub to medium and small companies.

The post Sales Performance Management appeared first on crmt.com.

Key features

You can find the full list of features and benefits here.

Unify processes, improve performance

Get all the tools and features your team needs in one place. Ensure compliance with business objectives by efficiently overseeing all the processes involved:

✓ Project-focused HR
✓Configure price quote
✓Capacity planning
✓Project management
✓Time, leave and expense registration
✓Project Billing and invoice preparation
✓Provisioning and supplier contracts

Book a Call

Click on the image to see the full infographic!

Technology

Akeron

Akeron Srl today has over 400 customers in every field and size: from leading names such as Intesa SanPaolo Group, Decathlon, Bolton Group, ESA Engineering, Prada and Cressi Sub to medium and small companies.

The post Project Business Automation appeared first on crmt.com.

Software solutions with automatic conversion of individual items allow correct and timely reporting to the regulator.

The whole process of implementing the solution is fast and efficient, and its implementation saves a lot of time and resources previously needed to monitor the reporting.

Key features of the software solution

Pre Packaged Compliance outputs

There’s no need to start from scratch. Our solution supports compliance from data collection to disclosure.

Data Integrity

I nspect your results by tracing back the history of changes to data in our audit log. Y ou can be confident you’re approving a final document that’s compliant through and through.

Financial Intelligence

Support for multi entity consolidation with currency and ownership capabilities

Workflow and Transparency

When you need to audit data, the audit log captures the entire lifecycle of your data so you can quickly provide answers and trace back the lineage of changes and calculations.

Resource prepared by experts

Functionalities of IFRS17 demonstrated on simple contract

A breakdown of functionalities based on a simple 3 year contract.

Download

Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognised Wolters Kluwer’s CCH Tagetik as a field leader.

The post Supervisory Reporting appeared first on crmt.com.

The European Banking Authority (EBA) published updates related to the reporting framework 3.0 and the implementing technical standards (ITS) on Pillar 3 public disclosures by institutions. These updates are the result of the European Commission’s adoption of the implementing technical standards on supervisory reporting (version 3.0) on December 17, 2020, the EBA publication of the revised version of the mapping between disclosures and reporting, and the EBA release of phase 1 of the technical package on the reporting framework version 3.0.

EBA is updating the mapping of quantitative disclosure data and supervisory reporting and has published a file summarizing the frequency at which each type of institution should disclose each template and table, in accordance with the CRR2. The EBA tool provides a mapping tool between the Pillar 3 implementing technical standards on disclosures and the implementing technical standards on supervisory reporting (version 3.0). The Pillar 3 implementing technical standards on public disclosures have been developed to foster consistency across supervisory reporting. The mapping also aims to facilitate institutions’ compliance and improve the consistency and quality of disclosed information.

The Phase 1 technical package of reporting framework (version 3.0) provides the standard specifications for the implementation of EBA reporting requirements. The package includes the validation rules, the Data Point Model (DPM) data dictionary, and the XBRL taxonomies for v3.0. EBA also updated the DPM query tool. The technical package includes reporting requirements on FINREP, COREP, own funds (including the Fundamental Review of the Trading Book), COREP liquidity, asset encumbrance, large exposures, leverage ratio, and global systemically important institution (G-SII) data.

The main changes compared to the previous version of the EBA reporting framework relate to the following:

• New ITS on supervisory reporting replacing Regulation (EU) No 680/2014, including new reporting requirements and changes to the reporting on
  • own funds (incl. backstop for non-performing exposures)
  • credit risk and counterparty credit risk
  • large exposures
  • leverage ratio
  • net stable funding ratio
  • FINREP
  • G-SII indicators;
• New ITS on disclosure and reporting on MREL and TLAC

Timeline

EBA supervisory reporting

Wolters Kluwer’s EBA Supervisory Reporting is pre-packaged with all the end-to-end regulatory compliance tools banks need to meet the demands for greater disclosure by FINREP, COREP, Asset Encumbrance, Funding Plan, and ALMM. By automatically populating reporting templates with your EBA compliant data, finance isn’t weighed down by the burden of regulatory reporting. Wolters Kluwer’s automated solution carries the load so you can meet tight deadlines with ease.

EBA compliance is more than just generating the required reports. Compliance starts with data collection and includes every stepuntil final disclosure to the market and regulators —needless to say. Wolters Kluwer comes pre-packaged with a complete set of accounts, pre-built FINREP and COREP templates, diagnostic checks, calculation rules, consolidation logic, multi-GAAP support, and XBRL outputs.

Wolters Kluwer has built-in financial intelligence to manage all EBA reporting requirements.

• Automated data loading, collection, and mapping
• Built-in controls, diagnostics, and validations
• Intercompany reconciliation tools
• Support for multi-entity consolidation with currency and ownership capabilities
• Reconciliation with IFRS data for consistency across FINREP / COREP and IFRS reports

From data collection to final disclosure to the regulators, Wolters Kluwer’s EBA Supervisory Reporting comes with all the capabilities, financial intelligence, and process governance you need to address FINREP and COREP compliance and beyond.

• Ensure accuracy with controls, diagnostics, and validations
• Automatically cascade data into pre-built templates
• Workflow guides you from data collection to approval
• Reconciliation and matching with our intercompany cockpit
• Flexible configuration to meet your specific requirements

Wolters Kluwer’s EBA Supervisory Reporting solution integrates seamlessly with all data sources and existing applications so you have a single platform for all financial performance management processes. Always up-to-date, we’ll keep your solution aligned with fluctuating EBA regulations with regular maintenance.

• Achieve fast compliance with a pre-packaged solution
• Easily map data from multiple sources
• Reconcile FINREP and COREP data with IFRS reporting
• Collaborate with all contributors
• Align stakeholders on one version of truth

Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognized Wolters Kluwer’s CCH Tagetik as a field leader.

The post EBA Reporting Framework 3.0 appeared first on crmt.com.

ESEF ESMA Reporting is required from January 1st, 2021. All European public companies need to create HTML-based annual reports with iXBRL (inline XBRL) tagging. European Securities and Markets Authority (ESMA) mandated the regulation to meet the European Single Electronic Format (ESEF).

Update of ESEF was published in 2021 and came into effect 27.03.2022. It includes three major changes:

• rent concessions due to Covid-19,
• the IBOR transition,
• and changes to insurance contracts

ESEF should be human and machine readable, should increase handling speed, reduces errors, and permits automatic information check. ESEF ESMA Reporting compliance requires to tag each piece of financial information with a label that identifies it in terms of standard accounting or tax concepts.

Organisation have to prepare all annual reports after 2020 according to ESEF ESMA reporting standard. The process might sound complicated, however it does not need to be.

Our solutions either from CCH Tagetik or Corefiling, allows you to take your annual financial statement, and as a result easily map & tag it according to the ESEF taxonomy, and publish it. ESEF ESMA software provides and identifying tag to each individual item of business data, subsequently the more statements you tag, the shorter the process will become. The previous year’s tagging will also form the basis for the next year so things will get easier and quicker. The tagging is straightforward with an obvious one-to-one match between financial line items and tags in the report.

The mandatory information that needs to be tagged in the first submission is:

• Balance sheet
• Profit and loss
• Net equity variations

ESEF ESMA Reporting Disclosure Workflow

Key Features of our iXBRL Software Solution

Key features of solutions are:

• The world’s fastest filer preparation tool
• Full compliance with technical and regulatory standards
• Easy extraction of regulatory data from existing systems
• Conversion of company accounts to iXBRL

iXBRL solution leaflet

A simple and cost-efficient iXBRL creation software

For any company with reporting requirements in iXBRL.

Download

Technologies

Corefiling

In its 20-year history, CoreFiling has contributed more to the development & promotion of XBLR standards than any other organization.

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognised Wolters Kluwer’s CCH Tagetik as a field leader.

The post ESEF ESMA Reporting – iXBRL appeared first on crmt.com.

With the new IFRS 16 and ASC 842 lease standards focusing on transparency of lease obligations on the balance sheet, there is a significant amount of lease data that must now be collected, calculated, reported and disclosed.

We can help you transition to the new leasing regulations and get compliant quickly. Our Solution is automated to allow you to easily manage the large volumes of leasing data by providing data collection, calculations, reporting and disclosures.

Our goal is for your implementation to be as seamless as possible, and our agile approach led by an experienced project manager has a proven track record of success.

Key features of the software solution

Pre Packaged Compliance outputs

There’s no need to start from scratch. Our solution supports compliance from data collection to disclosure.

Data Integrity

I nspect your results by tracing back the history of changes to data in our audit log. Y ou can be confident you’re approving a final document that’s compliant through and through.

Financial Intelligence

Support for multi entity consolidation with currency and ownership capabilities

Workflow and Transparency

When you need to audit data, the audit log captures the entire lifecycle of your data so you can quickly provide answers and trace back the lineage of changes and calculations.

Resource prepared by experts

The ultimate lease accounting checklist

Know exactly what features to look for when you are choosing the IFRS 16 & ASC 842 software.

Download

Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognized Wolters Kluwer’s CCH Tagetik as a field leader.

The post IFRS 16 appeared first on crmt.com.

Financial reports: Financial statements, proxy statements, press releases, annual and quarterly reports including associated narrative and footnotes.

Key features of the software solution

Pre Packaged Compliance outputs

There’s no need to start from scratch. Our solution supports compliance from data collection to disclosure.

Data Integrity

I nspect your results by tracing back the history of changes to data in our audit log. Y ou can be confident you’re approving a final document that’s compliant through and through.

Financial Intelligence

Support for multi entity consolidation with currency and ownership capabilities

Workflow and Transparency

When you need to audit data, the audit log captures the entire lifecycle of your data so you can quickly provide answers and trace back the lineage of changes and calculations.

Resource prepared by experts

The ultimate lease accounting checklist

Know exactly what features to look for when you are choosing the IFRS 16 & ASC 842 software.

Download

Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognised Wolters Kluwer’s CCH Tagetik as a field leader.

The post Financial Reporting appeared first on crmt.com.

The new standard brings significant changes into measurement and accounting of insurance contracts that, without the right strategy, will lead to a time-consuming and expensive overhaul of financial management processes, applications, and operating models.

The impact of IFRS 17 is extensive across your entire organization, affecting the accounting policies, systems, and processes you have in place. For this reason we have an IFRS 17 solution that benefits everyone.

Our automated solution has a proven track record of:

• increasing efficiency,
• decreasing cost, and
• reducing risk across all departments.

We also provide full maintenance and support during the process of data collection, calculations, reporting, and disclosures.

This way you can focus on your business with confidence that you’re in compliance with regulatory standards.

Key features of the software solution

Pre Packaged Compliance outputs

There’s no need to start from scratch. Our solution supports compliance from data collection to disclosure.

Data Integrity

I nspect your results by tracing back the history of changes to data in our audit log. Y ou can be confident you’re approving a final document that’s compliant through and through.

Financial Intelligence

Support for multi entity consolidation with currency and ownership capabilities

Workflow and Transparency

When you need to audit data, the audit log captures the entire lifecycle of your data so you can quickly provide answers and trace back the lineage of changes and calculations.

Resource prepared by experts

Functionalities of IFRS17 demonstrated on simple contract

A breakdown of functionalities based on a simple 3 year contract.

Download

Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognised Wolters Kluwer’s CCH Tagetik as a field leader.

The post IFRS 17 Solution for Insurance appeared first on crmt.com.

FROM?

ESG reporting will become mandatory from January 1st, 2023

FOR WHOM?

a set of standards for a company’s behavior used by socially conscious investors to screen potential investments.

WHAT YOU NEED?

is the automation to comply with evolving ESG disclosure requirements and the data intelligence to optimize scoring, reports, plans, and performance

HOW WE HANDLE IT

Meet evolving compliance requirements with a configurable prepackaged solution

What is ESG reporting?

During the past years, the market has moved quickly, and the companies are now asking for more transparency and to take concrete action about their environmental, social and governance performance. E, S and G, three letters that you will hear about a lot for sure!

ESG reporting must disclose those 3 pillars. As with all disclosures, its purpose is to shed light on a company’s ESG activity while improving investor transparency and inspiring other organizations to do the same. Reporting is also an effective way to demonstrate that you’re meeting the goals and that your ESG projects are genuine — not just greenwashing, empty promises, or lip service.  Since ESG reports summarize the qualitative and quantitative benefits of a company’s ESG activity, investors can screen investments, align investments with values, and avoid companies with the risk of environmental damage, social missteps, or corruption. 

ESG Reporting & CCH Tagetik

CCH Tagetik ESG & Sustainability Performance Management Expert Solution (ESG Solution) includes pre-built data models, normalization and calculation rules, and disclosure to comply with the regulatory frameworks in force and with the main and most common reporting frameworks. CCH Tagetik has developed an ESG pre-packaged solution that helps companies to face the challenges, reduce risks and provide key actors with strategic information to turn risks into opportunities to create long-term value.

CCH Tagetik covers the ESG process end to end, boosting the implementation thanks to an expert solution that combines all the regulatory frameworks and the managerial needs in a single application 

The ESG Solution consists of three modules:

• Disclosure & EU Taxonomy
• GRI and other KPI’s
• Strategic planning and converged KPI’s

The basic idea is to create a solution that enables our customers to build trust and sustainably grow their business over the long-term easily connecting non-financial data with financial performance.

Read our blogs about ESG

The Ultimate ESG Reporting Guide

Embracing ESG Reporting: Redefining Corporate Excellence

To get more information, schedule a meeting with our team

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Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognized Wolters Kluwer’s CCH Tagetik as a field leader.

The post ESG Reporting appeared first on crmt.com.