Disclosure Management and Equity Management: Why You Need Both
Summary
This article explores both disclosure reporting and equity management, covering some of the common challenges associated with these functions and ways that corporate finance leaders can bring order and efficiency to these processes as they become more and more complex. They lack the narrative element, are not designed with XBRL tagging capabilities, and are poorly suited to organizing information in ways that meet regulatory requirements. Often, they use a combination of word processing tools, Excel spreadsheets, and presentation software to pull together the narratives, numbers, and graphics they need for disclosures. The best equity management software includes employee and investor self-service capabilities that enable stakeholders to view this kind of information, accept award grants, and access tax documents. This saves time by eliminating manual effort and removes many of the common points of failure associated with financial disclosure reporting and equity management.