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Accounting Team Benefits from Disclosure Reporting Automation

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An international, publicly-traded manufacturer was managing its stock plan reporting through a spreadsheet program that it had long ago outgrown. The accounting team faced time-consuming, inaccurate calculations due to unwieldy, complex spreadsheets filled with macros and pivot tables. Further, the stock plan was becoming an increasingly material expense for the CEO and CFO to sign off on in their SEC filings.

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