Corporate Information Systems

The ultimate task of corporate information systems is twofold:

  • real time information delivery for the management team
  • reporting to the shareholders and the financial community

A CIS Corporate Information System assures that all information delivered to the management team ties back to what is published to the financial community, following the International Financial Reporting Standards (IFRS) or US-GAAP.

Corporate Information Systems complete framework as implemented by CIS

CIS will help you implement successfully a Corporate Information System in your organization. We bring technical expertise on solutions and platforms offered by several vendors. And we’ll provide a solution in tune with the different systems already in place in your organization. Not only is the selection of the right software important for your organization, but also the implementation. Wrong implementation decisions can make a product which is successful at other places leave your expectations unmet.

CIS positions itself as an interface between the vendor, your business users and your IT staff. We focus on efficient knowledge transfer to facilitate the adoption of the product. CIS provides local support, with fluency in several languages. We work onsite, to hear your concerns, and provide the knowledge you need to make your project successful.

CIS is here to assist you in the early phases of product adoption, helping you with tough design questions, and enabling you to be in control of the solution earlier. We help you with the additional workload a new product creates.

And finally, CIS will help you focus on the most critical characteristics of your Corporate Information System: Most CIS depend on a global user base, and needs to meet corporate IT standards. The system needs to be accessible worldwide, across different IT landscapes, yet very easily and in a fast and secure manner.

One of the most prominent KPMG consultants in the field of Financial Consolidation sums up the challenge as follows:

  • Producing a consolidation cash flow statement directly from the corporate database is the high art of financial consolidation
  • Generating the consolidated equity report is the acid test.

He is right. Enterprise Reporting does it easily. Based on many years experience CIS is in a position to help you produce the set of reports you require for your business, in compliance with FER, IAS or US-GAAP.