Actuate Corporation, a leader in enterprise reporting applications, announced customer and industry support for the Actuate Financial Performance Management (FPM) solution. Utilizing Actuate's enterprise information integration (EII) technology, Actuate FPM directly integrated data from disparate financial, human resources, revenue and budgeting and forecasting systems to allow on-demand report access for every employee with financial responsibility. Distributing accountability throughout the company allows executives to confidently comply with external reporting requirements, such as the Sarbanes-Oxley Act, and improve financial performance.
"Actuate FPM provides the ability to broaden accountability during the fiscal forecast process, while also ensuring that a single version of the truth is maintained," said Denise Price, manager of enterprise systems at York University. "It allows for the distribution of financial accountability throughout the organization and provides integration of operational information, such as Human Resources data, with financial information to accurately forecast financial scenarios and ensure that resources are used in the most efficient manner possible."
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