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New Annotation and IFRS Notes Solution

Mannheim, September 2015 Camelot ITLab has developed a new Annotation and IFRS Notes solution, with which companies can enrich their key figures by qualitative comments and legally required information. As the solution is fully integrated into the SAP product palette, manually stored comments and notes are reduced considerably. Storing to SAP Business Warehouse permits a “Single Source of Truth”, which offers users more transparency for substantiated assessments and decisions.

Key figures alone are frequently insufficient to represent the complex situations in the individual business segments of companies, which is why many employees supplement them with individual comments. So far, these comments had to frequently be conveyed orally or via email, as there was no suitable solution available. The Camelot Annnoation Solution now offers users the option of adding qualitative information to their reports, dashboards or Excel tables.

Additionally, the Camelot IFRS Notes solution also helps to add legally required information to key figures. The solution offers a flexible commenting application which, for example, is integrated into SAP BusinessObjects Analysis, Edition for Microsoft Excel, or into the SAP BEx Analyzer. Users can therefore create the required comment structure and store the key figures with their individual comments.

An additional significant advantage posed by the Camelot Annotation and IFRS Notes solution is its broad applicability. Comments recorded in an Excel table could, for example, be transferred to other applications such as web-based dashboards, without media interruption.

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