CFO Summit Ensuring Accurate Corporate Financial Reporting December 5, 2002.

CFO SummitCFO Summit

Ensuring Accurate Corporate Financial Reporting

Ensuring Accurate Corporate Financial Reporting

December 5, 2002December 5, 2002December 5, 2002December 5, 2002

CFO Survey Results: What keeps you up at night?

ReportingDecision Making

Keeping Up with Technology Saving TimeExpense Management

Cash Flow

Scale

Solutions Target Customers of Various Sizes and Needs

Scalable Solutions Maximize Customer ValueERM, SCM, CRM, AnalyticsFRx Analytics and ReportingEnterprise ReportingFRx ForecasterFRx Financial Reporter

““There is a crisis in corporate There is a crisis in corporate reporting… The impact is global. reporting… The impact is global. There are no walls or oceans There are no walls or oceans around this crisis; it affects the around this crisis; it affects the entire world’s capital markets, entire world’s capital markets, investors, and economies.”investors, and economies.”

Financial Reporting’s Top 3 Issues

SpeedRelevance

Accuracy

“FRx is driven by logic so I have a much higher confidence level in the accuracy of the data than I would have with [a spreadsheet-based] report.”

Scott Cross, VP of Finance and Administration

Accuracy

“We have been able to shave a minimum of three days per month off our closing cycle.”

Ray Peurifoy

Speed

“FRx enables us to distribute critical financial and production-related information to operational and field management at least two days sooner than we were previously able to do.”

Norm Beuder, Controller

“When we distribute our reports … [FRx] allows our users at different sites to receive the same financial report, but only have access to the specific report information they have permission to view.”

Graham Birse, IT Manager

Relevance

Emerging Standards in Financial Reporting

Future of Financial Reporting

Overall Organization Benefits

Timely

Confidence InsightControl

This presentation is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. © 2001 Microsoft Corporation. All rights reserved.

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