Can your financial reporting stand up to the new requirements imposed by the Sarbanes - Oxley Act -- higher penalties, higher risks, greater precision -- with much less time to accomplish it?

Studies have shown that over 60% of CFO's believe that their existing financial applications are inadequate. These applications are fine for recording accounting transactions, budgeting and planning; however, they lack the ability to deliver comprehensive, live, transaction-level financial reporting with automatic fraud detection and proactive alerting.

MicroStrategy's technology has helped its customers achieve full transparency into their financial data. The MicroStrategy platform is optimized to help companies deploy flexible reporting, free-form investigation and automatic anomaly detection allowing businesses to file statutory reports with the utmost confidence, precision and accuracy.

MicroStrategy delivers five best practices for financial transparency:

Business Benefits

With MicroStrategy, your business can:

• support a consolidated view of financial data coming from multiple ERPs, spreadsheets and other planning systems;
• deliver statutory GAAP-compliant reports replacing manual consolidations;
• investigate financial data more thoroughly by drilling down to transaction-level detail from high-level reports;
• provide hundreds and thousands of authorized users with the highest levels of data security;
• automatically detect anomalies and variances in the financial data; and
• proactively deliver important information to the authorities.