Competitive intelligence and business intelligence are two very broad concepts, and the world of disclosure has traditionally been separate. But where does the hard evidence come from? Financial reports contain the most accurate and telling information about a company. This is what we call disclosure intelligence. What makes for a leading disclosure intelligence strategy as opposed to a lagging one? Let’s explore the difference.
As financial reporting professionals, we frequently ask ourselves how we can be better at what we do. That’s why it’s always a good time to adopt habits that will help us improve, for the benefit of both our organization and ourselves. One way to do this is to take a more individualistic approach to one of the recent overriding industry themes: disclosure effectiveness. One of the simplest ways you can be a more effective cog in your company’s Disclosure Management Cycle is to adopt these 3 simple, yet effective time management tips.
Companies new to disclosure research – also known as public filing search – often ask us: “How will it help me?” Over the years we’ve learned that regardless of industry, having access to a robust and reliable database of publicly filed documents is a game-changer for companies. It places directly in your hands the most relevant information in the least amount of time, making you look like a superstar in front of your bosses and colleagues. Read this article for real-world examples of how disclosure research saves the day.
Last week Certent announced its acquisition of DisclosureNet, a provider of software-as-a-service solutions that improve the quality of external and internal reporting by enabling peer comparisons and analysis, access to accounting standards, and quantitative benchmarking. The acquisition of DisclosureNet further expands Certent’s current financial compliance capabilities which streamline the SEC and SEDAR reporting process, improve productivity, and strengthen controls and collaboration.
The EDGAR database has a search function that allows public access to all company filings including various 10-K, 10-Q and 8-K filings for peers and competitors. Great, right? In theory, yes; in practice, not so much. The missing word is easy. If you have tried to search documents in EDGAR before, you know that the process is far from easy. Being able to quickly pinpoint the information you are looking for is difficult to say the least, and even EDGAR confesses there are limitations to the types of searches you can perform. But there is a better way.