Codec systems reveals simple path to streamlined reporting

As Reporting Requirements Tighten, One Company Makes It Easier

Online PR News – 06-April-2013 – London, Hammersmith – Finance executives continually face pressure to consolidate reports and develop custom solutions for regulators and investors alike while still pulling the right data. With more stringent reporting laws in place almost every day, the job only gets tougher. Fortunately, Codec Systems, the UK’s leading Oracle Hyperion Planning implementation partner, can significantly reduce the hassle involved.

Reducing the Risk
It can be tough to know exactly what data needs to be available at all times, but with Codec Systems’ Hyperion Solutions and Implementation Services, it’s completely possible to create one solid view of the financial and operational results, no matter how many systems you have going at once.

“We work to help organizations consolidate their reporting processes. For the management team, that means both a financial and a non-financial report option that will not only help to support every decision you make, but also help to meet the needs of regulatory commissions and investors alike,” said Ronan Stafford, CEO, Codec Systems Ltd.

At the heart of this solution is the Hyperion platform itself, and it has long offered some real benefits to companies. It can help to reduce the timeline of the reporting cycle to meet both internal and external needs, and it can also reduce the overall costs involved with that reporting. What’s more, though, is that it means complete budgeting and forecasting, which may streamline virtually everything you do.

Platform and Support
While Hyperion has played a role of importance in many different companies, most also need some level of support, both at installation and an ongoing basis. Enter Codec Systems. For more than two decades, companies across Europe have turned to their consultants for Hyperion support in nearly every capacity.

“Hyperion offers some real advantages to companies in almost any industry, and we’re happy to be with them every step of the way from deployment to managed services,” said Ronan.

Regulations are only increasing when it comes to reporting, and investors are always going to be concerned that they need more data. Make it available to them with the help of Hyperion and Codec Systems.