Customers

"We anticipate our financial reporting processes to be more accurate and efficient with Movaris."

- Kyle Didier, Senior Director, Financial Reporting, Regis Corporation.

Consumer Goods, Retail & Distribution, Media

Consumers are fickle - brands go from hot to iconic to "so yesterday." Manufacturers quickly push new products into distribution, hoping to catch the next trend before it fizzles. Meanwhile, as price competition is fierce and profits are highly seasonal, companies rush to issue financial statements proving victory over their competition.

The result is that retail has had a 180% increase in audit fees since SOX was passed, according to research from the University of Nebraska. Revenue recognition and inventory valuation practices are under increasing scrutiny, putting even more pressure on Financial and Regulatory Compliance Management to ensure their close and compliance processes are both thorough and fast — at the same time exposing and efficiently managing risk across the company.

For these reasons, forward-looking companies, like yours, are using Movaris Unity improve visibility, reduce risk and improve overall company performance.

To learn more:

Movaris Unity
Movaris OneClose

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