www.WirelessFederation.com/news: Vodafone contracted reporting systems provider, Clarity Systems to automate the ‘last mile’ of its financial reporting process.

According to James Oehmke, Finance Executive, Head of External Reporting, Vodafone Group Plc, the data warehouse receives and consolidates tremendous amounts of financial information from the company and from its subsidiary undertakings and joint ventures across the world. The transfer of all these information into annual and quarterly reports, earnings’ press releases and other financial statements involved manual proofreading, re-keying and formatting.

Clarity FSR is designed to help companies deal with increasingly complex statutory and regulatory reporting requirements. Besides, it is the only enterprise software that automates the external reporting process like annual and interim reports and announcements.

The software links the report to the source data, enabling auto-generation of the latest version of the report in multiple formats including XBRL, PDF, Microsoft Word and Adobe InDesign.