ENTARENA brings Corporate Accounting 2.0 to your finance department.
The corporate accounting department is responsible for maintaining the accounting process for the entire company. In order to ensure smooth running of the finance organization, continuous updates to policies and procedures are required. Corporate accounting provides guidance in such areas as (but not limited to):
All these documents and policies must be maintained and updated on a regular basis. In most companies it is difficult to ensure that everyone is informed in a timely and uniformed manner.
Today most corporations simply send out emails updating the finance community of due dates, reporting requirements, changes to the company accounting policies and/or notifications of changes in accounting standards. However emails are cumbersome and do not represent best practice for information sharing. Instead, corporate accounting departments become inundated with multiple - and often similar - questions regarding these emails from different locations. The corporate accounting departments respond to these questions on an individual basis and their responses are rarely shared among the relevant stakeholders.
ENTARENA ensures that everyone within the finance organization is immediately notified and informed of changes to various accounting policies and procedures. Discussions and questions can be answered and shared across departments, entities and geographies.
ENTARENA is a secure, auditable and low cost solution that improves information dissemination and communication within the finance community and their internal business partners.
ENTARENA enables
- General idea and knowledge sharing
- Ability to search historic discussions for answers
- Following of Q&A conversations
- Updated information around USGAAP, IAS, SEC etc.
- Multiple stakeholder discussions around common themes and issues
ENTARENA brings an instant return on investment as your corporate accounting processes are streamlined. Furthermore, we ensure existing organizational standards of security, confidentiality and information access policies are completely met.
