10 Best Disclosure Management Software of 2024 (Updated)


Steve Bennett
Steve Bennett
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Disclosure Management Software is one of the most important software you currently need. We know!

Today’s Disclosure Management Softwares are incredibly versatile, and because of strong competition, have remained a relatively low-cost investment for most.

Currently, with dozens of options available for Disclosure Management Software in the market – finding the right Disclosure Management Software of 2024 can be tricky.

So we spent dozens of hours researching and testing everyone we could get my hands on.

Based on our experience with the apps, here are 10 Best Disclosure Management Software. Click on any app to learn more about why we chose it, or keep reading for more context on Disclosure Management Software.

What is Disclosure Management Software?

Disclosure management software compiles compliance data and keeps track of the documents and reports needed for regulatory filings and disclosures. This category of software includes tools for creating, managing, and publishing financial statements and reports. Compliance professionals primarily employ disclosure management software to automate operations. boost transparency of disclosure actions and promote collaboration Managers, executives, and board members can receive the reports and papers prepared with disclosure management solutions. This type of software also creates regulatory documentation for government agencies and external auditors. Software for disclosure management is available as part of governance, risk, and compliance suites or as a stand-alone solution. Some disclosure management software solutions are primarily focused on financial disclosure, while others cover both financial and non-financial departments. ERP and accounting software, as well as corporate performance management tools, are frequently integrated with disclosure management software. A product must meet certain criteria to be considered for the Disclosure Management category. Provide generic and industry-specific document and report templates. Create workflows that help you streamline and improve your disclosure processes. Combine and map data from a variety of sources. Maintain document and report versions and audit trails. Maintain a list of certifications pertaining to disclosure management. External users should be able to access papers and reports. At predetermined times, automatically generate and update reports.

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10 Best Disclosure Management Software

1
Workiva

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In a world where data is everything and teams are everywhere, traditional software can’t keep up and the tools you need keep adding up—creating chaos that puts you at risk for missed deadlines, bad intel, and steep fines. Workiva is the platform that’s open, intelligent, and intuitive, so you can do your most complex work without manually having to go from system to system, software to software, or person to person. Rewrite the rules with us, and never go back. Welcome to the way work is supposed to be.

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2
LucaNet

By finance experts, for finance experts: LucaNet offers easy-to-use software coupled with professional consulting to master financial consolidation, planning, reporting, and data management. Since 1999, LucaNet’s integrated solution provides 100% reliable data, making the lives of CFOs, Controllers and Group Accountants a lot easier. Available in both cloud and on-premise options, LucaNet is the perfect solution for companies of all sizes and sectors. More than 3,500 clients in over 50 countries put their trust in LucaNet, including edding, Leica, Toshiba, and Rocket Internet. Our network is strengthened by our offices and partners across the globe. We are committed to making our customers’ finances easier so they can focus on the true essence of their business. .

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3
Certent Disclosure Management

Certent Disclosure Management delivers more control over SEC reporting process with greater efficiency, superior quality, and expert support. Certent enables you to create, compare, collaborate, and communicate all crucial aspects of regulatory reporting in a Microsoft Office environment, with integration with your ERP and/or consolidation system, one-click EDGARization, and extensive XBRL functionality streamlining the process, improving productivity, and strengthening controls and compliance. When you need the best in regulatory reporting, the choice is Certent. From a comprehensive onboarding process, to the flexibility to choose the right level of services to meet your needs, to an assigned customer relationship manager ensuring your success, you are never alone in your pursuit of efficiently-produced, high-quality disclosure documents. Our experts are here to help you address and resolve questions about complex SEC compliance and XBRL tagging issues. We provide robust customer support, extensive online resources, and regular software updates. We are committed to ensuring you derive the maximum value from your investments through an unwavering focus on customer success. Maybe that’s why more than 1,300 companies rely on Certent. .

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4
Dow Jones Risk & Compliance

Dow Jones Risk & Compliance is a global provider of third party risk management and regulatory compliance solutions. Working with clients across the globe, we have created products and services to help companies evaluate third party risks faster and with more confidence..

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5
CCH Tagetik

Drive Innovation with CCH Tagetik Enable digital transformation and drive strategy with all your financial processes and data in a unified platform — owned by Finance Companies trust CCH Tagetik Corporate Performance Management software to save time, lower costs and reduce risk. Get a faster close, more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source. CCH Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, is the unified platform that connects finance and operations and streamlines your consolidation & close, planning, reporting & analytics, disclosures and compliance. CCH Tagetik can be deployed as SaaS, private cloud, or on-premise. The flexibility to seamlessly migrate from one to the other means that we can match your company’s strategy today or in the future. Over 1,200 customers around the globe have increased efficiency, reduced risk and saved money with CCH Tagetik. .

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6
SAI360

SAI360 empowers customers to focus on developing an effective integrated risk management solution with a combination of software and learning content. Together, with our expertise, organizations can build and foster a strong risk and compliance culture, make more confident decisions with a united view of governance, risk and compliance, achieve risk-ready oversight of business processes and strengthen organizational ethics and employee behavior. SAI360 (formerly SAI Global) is a leading provider of Risk, Learning, EHS, and Sustainability software. Our cloud-first SAI360 GRC platform contains flexible, scalable, and configurable modules for a better vantage point on risk management. Our unified approach to risk management is what sets us apart, helping organizations across the globe manage risk, create trust, and achieve business resilience for over 25 years. Streamline your risk management process with an integrated view of risk: • Take the right risks at the right time with confidence and focus • Successfully navigate an ever-changing and evolving regulatory landscape • Customize your program easily and efficiently • Create a corporate culture that’s engaged and empowered • Leverage Integrated Risk Management (IRM) insights and industry best practices • Derive optimal value from a platform tailored to you and your business • Get training and important real-time learning so you’re always on top of your data With SAI360’s breadth of flexible, simplified and cross-functional use cases aligned to risk management obligations, we can offer you the appropriate solution to increasingly complex risk responsibilities for any step in an organization’s journey and program maturity. Insights from the SAI360 team: https://resources.sai360.com .

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7
Convercent

As the leading global provider of ethics and compliance cloud software, Convercent connects ethics to business performance by weaving ethics and values into everyday operations in over 700 of the world’s largest companies. Convercent Applications: Convercent Helpline including – Whistleblower Hotline & Case Management Increase employee engagement and issues reported with the industry’s easiest-to-use helpline and case manager. Convercent Helpline offers global 24×7 phone, web, proxy, mobile texting and comprehensive case management for investigators to ensure your employee voices are heard and acted on for all issue reported, anonymous or not. Convercent Campaigns including – Policy Management & Online Training Simplify the administration of policy management, learning and training while increasing employee engagement. Convercent helps ensure employees both understand and sign the policies that support your company success while integrating with your HR system. Convercent Disclosures includes – Conflicts of Interest & Onboarding Questionnaires An extensive disclosure program is your best protection against misconduct and prosecution. Broaden your protection beyond the executive suite to eliminate institutional blindness. Convercent Insights includes – Board Reporting & Root-Cause Analysis See compliance and company-wide data in a way that highlights patterns, outliers and correlations. Convercent Insights helps you anticipate compliance hotspots before they appear, enabling targeted, proactive leadership. Convercent has almost 600 customers worldwide, including: Microsoft, Four Seasons Hotels and Resorts, Capgemini and Under Armour who care deeply about driving ethics to the center of their organizations. .

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8
IRIS CARBON®

IRIS CARBON® is a cloud-based, collaborative platform that helps issuers prepare Annual Financial Reports (AFR) and also meet the XBRL/iXBRL reporting requirements. IRIS CARBON® is used for the regulatory reporting requirements of over 5,600 companies and is being used for regulatory reporting requirements in the following countries: USA : Securities and Exchange Commission XBRL reporting since 2009 and iXBRL reporting since 2017; Federal Energy Regulatory Commission XBRL reporting since 2021 UK : Her Majesty’s Revenue and Custom, iXBRL reporting since 2011-12 India : Ministry of Corporate Affairs, XBRL reporting since 2011 Ireland : Commissioners of Revenue iXBRL reporting since 2012-13 Italy: InfoCamere XBRL reporting since 2014-15 Europe : European Securities Markets Authority (ESMA)-ESEF iXBRL reporting since 2019 South Africa : Companies and Intellectual Property Commission’s iXBRL reporting since 2018 IRIS CARBON® is a SOC certified, collaborative and feature rich SaaS platform that ensures your reports adhere to the highest quality standards. IRIS CARBON®, as a product, was launched in 2014, and is being used by several thousands of customers globally. With our deep hands-on expertise in XBRL and iXBRL around the globe, IRIS has been consistently topping the XBRL quality charts published by several independent quality evaluators, with our strong technology and XBRL expertise. .

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What is the Best Disclosure Management Software?

Here are our top picks for the Best Disclosure Management Software to try this year.

How to Choose Best Disclosure Management Software?

If you’re looking to improve your company’s disclosure processes, then you’ll need to look for a Disclosure Management software that will help you achieve your goals. There are many options on the market, so make sure to read up on each before you make a decision. In this article, we’ll explore how to choose the best one for your needs. Then, we’ll cover how to compare and contrast each option to find the right one for your organization.

A good way to compare and contrast different disclosure management software solutions is to consider your needs. Some of these products are better suited for businesses with fewer employees than others, while others will provide more robust features. While there are many options out there, it’s vital to choose one that can work for your company. In this article, we’ll discuss the top disclosure management software vendors and their strengths and weaknesses. Hopefully, this information will be helpful for you as you decide which product to purchase.

First, let’s talk about the software’s features. The most important factor is its ease of use. The best software should streamline reporting tasks, which makes them easier to manage. For example, you don’t want to spend all day creating and submitting reports. In addition, you shouldn’t use multiple applications that will require a great deal of training. If you’re looking for a comprehensive solution, SAP Disclosure Management is a great option.

In addition to helping you create more effective disclosures, you’ll be able to save money as well. Choosing a suitable solution will help your company’s reporting process run more smoothly. The best software will help you make the right decisions at the right time. It will ensure that you’re using the latest technology, which will increase your return on investment. You’ll be able to avoid a lot of unnecessary work.

When choosing the best software for your company, you’ll need to look for the features that suit your business. Some of the most popular types of disclosure management software are integrated into governance suites. The key is to choose the right one to fit your needs and your budget. In addition to providing the necessary tools, the software will also help you streamline the reporting process. Achieving compliance through the use of a quality software will ensure a more transparent and accurate financial reporting.

The best disclosure management software will give you flexibility and collaboration. It will help you manage your company’s regulatory disclosures and save money. It will enable you to create a better public-relationship. It will also help you achieve your goals by reducing costs and time. Moreover, it will help you meet regulatory requirements. If you’re looking for a quality solution, then it should integrate with your existing systems and work with your team to ensure the success of your project.

Besides integrating with your ERP system, Disclosure Management Software will allow you to centralize compliance information. It will also maintain an electronic repository of documents and reports. It will help you generate reports and statements. Furthermore, it will integrate with your accounting and ERP systems. You will be able to export the final documents in many formats. If you need to generate multiple documents, you can use a single XBRL-compatible software with more flexible output options.

There are several ways to select the right Disclosure Management Software. There are many providers, so it is important to choose the one that meets your needs. If you’re looking for a more affordable solution, you may want to consider a free trial version or a free trial. Regardless of which choice you make, you’ll be happy with your new system. So, start comparing the various offerings in the market and find the best disclosure management software for your company.

While you’re trying to choose the best Disclosure Management Software, there are also a few alternatives you should consider. Using a tool that integrates with your accounting system is the most convenient way to streamline the process of filing and submitting regulatory disclosures. The best solution should be easy to install and use for both users and their accountants. While you can find a free version of a product that meets your needs, it is important to check for it’s reviews and user ratings.

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FAQ’s

What Is Disclosure Management Software?

What is disclosure management software? Disclosure management software is a type of software that is designed to help companies manage their information disclosure. It can help to identify and manage the risks of a company’s data being disclosed to the public or to competitors.

Are There Any Free Disclosure Management Software?

There are many options for people who want to protect their privacy. One of the most popular options is to use disclosure management software. With this software, it is possible to view and edit the personal information that is publicly available.

Is Disclosure Management Software Easy To Learn?

The answer is yes, but it can take a lot of time and effort to get the hang of it. The first thing to do is to read the manual. Once you start to get the hang of the software, you can start to use it. It is important to be patient and to take your time.

Is Disclosure Management Software Worth It?

Many companies are not aware of the risks of disclosing their proprietary information to the public. This is why they are turning to disclosure management software to help them protect their information. The software helps them control who has access to the information and what they can do with it.

What Can Disclosure Management Software Do?

Disclosure management software can help you keep track of your company’s legal, regulatory, and compliance obligations. It can also help you stay on top of the latest developments in your industry by providing you with the latest news, events, and regulatory changes.

How To Use Disclosure Management Software Effectively?

As a business owner, you are required to be in compliance with the law. The law requires you to disclose certain information to your customers, such as the ingredients in your product. To do this, you will need to use disclosure management software.

I know you want to use Disclosure Management Software, thus we made this list of best Disclosure Management Software. We also wrote about how to learn Disclosure Management Software and how to install Disclosure Management Software. Recently we wrote how to uninstall Disclosure Management Software for newbie users. Don’t forgot to check latest Disclosure Management statistics of 2024.

In this age of information overload, disclosure management has emerged as a critical process that organizations must navigate efficiently. With an ever-increasing demand for transparency, accuracy, and compliance, businesses are under constant scrutiny to disclose their financial information and meet regulatory obligations seamlessly. This is where disclosure management software plays a crucial role.

At its core, disclosure management software empowers organizations to streamline their financial reporting and disclosure processes. It encompasses various functionalities including data extraction, collaboration, workflow management, document assembly, and publication. By centralizing and automating these essential tasks, the software brings significant benefits to businesses across a multitude of sectors.

One of the primary advantages of disclosure management software lies in its ability to enhance accuracy and minimize errors. Traditionally, financial reporting involved manual intervention and data manipulation, leaving room for human mistakes and inconsistencies. However, with software solutions in place, organizations can ensure that data is extracted, consolidated, and analyzed accurately from various sources, minimizing the risk of errors that can have far-reaching financial consequences.

What sets disclosure management software apart is its capacity to improve collaboration among teams. In large organizations, preparing financial statements often involves input and information from multiple departments, making coordination a complex process. By integrating workflows and enabling real-time collaboration, software solutions empower different teams to work together seamlessly, even if they are dispersed across geographical locations. This not only reduces the likelihood of miscommunication but also ensures that all stakeholders have access to the most up-to-date and accurate data.

Another compelling reason organizations must prioritize disclosure management software is the growing need for compliance. Today, regulatory bodies impose rigorous standards and reporting requirements to ensure integrity and transparency in financial reporting. Failure to comply can lead to severe penalties, legal consequences, or reputational damage. By automating the disclosure process, software solutions assist organizations in adhering to relevant regulations and guidelines effectively. They offer functionalities like tracking changes, version control, and audit trails that facilitate the review process, mitigate risks, and ensure compliance.

Furthermore, disclosure management software allows organizations to improve their overall operational efficiency. By automating repetitive and time-consuming tasks, the software enables finance professionals to allocate their time and efforts towards value-adding activities such as data analysis, strategic planning, and decision-making. With streamlined processes and reduced manual labor, organizations can work more efficiently, ultimately increasing productivity and freeing up resources for other critical business functions.

Lastly, disclosure management software caters to the changing landscape of reporting requirements. As the business environment evolves and regulations continue to evolve, organizations need a dynamic software solution that can adapt to these changes. Software vendors frequently update their solutions to reflect new reporting standards and industry best practices. This ensures that organizations can stay ahead of the curve and meet emerging requirements without overburdening their operations.

In conclusion, the fast-paced and complex world of financial reporting requires organizations to leverage technology to optimize their processes. Disclosure management software plays a critical role in streamlining financial reporting and compliance activities. By enhancing accuracy, facilitating collaboration, ensuring compliance, improving operational efficiency, and adapting to changing requirements, these software solutions empower organizations to meet the demanding disclosure landscape with confidence. Embracing these tools helps businesses navigate the intricacies of financial disclosure, fostering transparency and instilling stakeholders’ trust in organizations’ financial practices.

Why Disclosure Management Software Are So Important

Enter disclosure management software, a powerful tool that streamlines the entire process of collecting, preparing, and disseminating financial disclosures. These software solutions offer a centralized platform where companies can input all relevant financial data, ensuring accuracy and consistency across all reports. By automating many of the manual processes involved in financial disclosure, these tools not only save time and resources but also reduce the risk of errors and discrepancies.

One of the key reasons why disclosure management software is so important is its ability to enhance transparency and accountability within organizations. By providing a clear and organized framework for financial reporting, these tools help companies comply with regulatory requirements and build trust with stakeholders. Whether it’s shareholders, investors, or regulatory authorities, having accurate and timely financial information is essential for maintaining credibility and fostering long-term relationships.

Moreover, disclosure management software plays a crucial role in improving decision-making processes within organizations. By consolidating all financial data into one platform, these tools enable companies to analyze trends, identify areas of concern, and make informed decisions based on real-time information. This strategic advantage is invaluable in today’s competitive landscape, where companies need to act quickly and decisively to stay ahead of the curve.

Another important benefit of disclosure management software is its ability to enhance collaboration and communication within organizations. With multiple stakeholders involved in the financial reporting process, having a centralized platform where information can be shared and accessed in real-time is essential for ensuring alignment and consistency. By providing a single source of truth for financial data, these tools streamline communication and coordination among teams, ultimately leading to improved efficiency and productivity.

In conclusion, the increasing complexity of financial reporting requirements, coupled with the growing demand for transparency and accountability, make disclosure management software an essential tool for organizations of all sizes. By automating manual tasks, enhancing accuracy and consistency, and improving decision-making processes, these tools empower companies to navigate the challenging landscape of financial disclosure with confidence and ease. With the right software solution in place, organizations can unlock the full potential of their financial data, driving growth, innovation, and success in the digital age.

In Conclusion

Choosing the best Disclosure Management Software is not a difficult task when you have all the details and requirements. Most of the above-mentioned Disclosure Management Software have impressive and user-friendly features.

Now, it is up to you which software you’d pick up that meets your requirements.

Consider the effectiveness and efficiency of each Disclosure Management Software, including the features and capabilities. You must also evaluate your objectives, required functions, and budget before choosing the right Disclosure Management Software of 2024. See which will give a great deal.

If you still have questions about choosing the best Disclosure Management Software, leave a comment below. I’d love to assist you.

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