Financial disclosure bottlenecks are costing your business

Regulatory bodies, investors, and stakeholders demand transparency, accuracy, and timeliness when it comes to disclosure. Yet, many businesses still struggle with inefficient reporting processes that introduce compliance risks, reporting errors, and delays.

Without a structured and automated approach, disclosure management becomes a bottleneck — one that exposes your business to regulatory penalties, reputational damage, and financial restatements. Here’s what’s slowing down regulatory reporting and how you can eliminate these challenges. 

What’s causing financial disclosure bottlenecks?

Financial disclosure is more than just producing reports — it’s about ensuring compliance with strict regulatory requirements when submitting your reports to the SEC, SEDAR, and more. However, many organizations encounter bottlenecks in three key areas:

1. Manual errors in data reconciliation

Your company needs to compile financial disclosures from multiple sources, including ERP systems, accounting software, and operational reports. Manually aggregating this data increases the risk of inconsistencies, misstatements, and costly errors.

59% of accountants make several errors per month, according to a recent survey by Gartner, Inc. For many companies, these errors can trigger SEC investigations, investor lawsuits, and financial restatements that damage corporate credibility.

Automating data aggregation and validation ensures consistency across all reports, reducing the risk of costly errors. Instead of relying on spreadsheets and disconnected systems, finance and accounting teams need a disclosure management solution that updates reports dynamically as financial data changes.

2. Compliance challenges and risk exposure

Global companies must comply with evolving regulatory requirements including ESEF, IFRS, and GAAP standards. These regulations dictate financial statement presentation, data tagging, and disclosure formats.

Failing to meet these requirements results in penalties, delayed filings, and reputational risks. Additionally, regulatory updates require finance teams to adapt reporting processes quickly, which is difficult when working with rigid, manual workflows.

A modern disclosure management solution ensures compliance by integrating regulatory requirements directly into your reporting processes. Automated workflows, audit trails, and version control enable teams to meet evolving standards without disruption.

3. Disconnected teams and inefficient collaboration

Disclosure management often involves multiple contributors — including finance, legal, compliance, and investor relations teams. Without a centralized system, collaboration becomes fragmented, creating version control issues and delays.

Last-minute edits, conflicting data sources, and outdated reporting methods make it difficult to finalize reports before filing deadlines.

A connected disclosure management platform enables real-time collaboration, ensuring accuracy, version control, and seamless communication between stakeholders.

How Anaplan eliminates disclosure reporting bottlenecks

Financial disclosure can be complex and error-prone when relying on manual processes and disconnected systems. The Anaplan Disclosure Management application simplifies this by automating critical reporting tasks, supporting global compliance, and centralizing collaboration — streamlining your entire disclosure workflow:

Automated, investor-ready disclosures:

• Automatically generates critical disclosures, such as 10-Ks, 10-Qs, investor decks, board books, earnings reports, and annual filings

• Dynamically updates reports as financial data changes, eliminating version control issues and ensuring consistency

Built-in financial intelligence:

• Automatically applies currency adjustments based on your business's countries of operation, reducing manual workload

Simplified global compliance:

• Meets regulatory standards including SEC, ESEF, GAAP, IFRS, and country-specific requirements

• Features clear audit trails and structured approval workflows to avoid last-minute compliance scrambles

• Supports multiple entities, regions, and reporting formats

Centralized collaboration:

• Consolidates financial, operational, and external data into a unified platform

• Enables real-time collaboration among legal, finance, and investor relations teams

• Includes automated alerts and notifications to prevent delays from miscommunication or bottlenecks

The business impact: accurate, efficient, and compliant disclosures

Companies using Anaplan’s Disclosure Management application achieve:

• Up to 90% faster time to value: Reducing disclosure reporting cycles from weeks to days.

• Eliminated recurring consulting costs: No need for external reporting consultants.

• Stronger compliance and governance: Meeting SEC and global regulatory requirements with audit-ready reports.

By implementing an IT-independent, finance-owned and maintained reporting solution, your team eliminates the stress of last-minute changes, reduces compliance risks, and streamlines reporting workflows.

Take control of your disclosure process

​Financial disclosure bottlenecks don't just waste time — they increase compliance risks and erode investor confidence. Whether you’re publicly traded or privately held, your financial reporting must be precise, clear, and prompt, all while meeting rigorous regulatory standards.

The Anaplan Disclosure Management application offers a centralized, automated solution to streamline your statutory and narrating reporting process. By adopting this application, you can enhance accuracy, ensure compliance, and boost efficiency in your public disclosure process.​