The Securities and Exchange Commission (SEC) has enacted rules that have shortened the deadlines for financial reporting for publicly traded companies. But without the appropriate reporting infrastructure, the financial close process can be delayed significantly. Why? If revenue, balance sheet, and profit and loss reports take hours or days to run, companies will not have the necessary visibility into financial data to keep the close process moving quickly.

HyperRoll makes timely financial close reporting possible. HyperRoll provides lightning-fast access to financial data, reducing batch processing times by up to 90% and increases the availability of information by 10s to 100s of times – which means information in seconds, not hours. .

What’s more, there is no learning curve. HyperRoll does its magic in the background, eliminating the need for business users to learn yet another application. They simply use their existing reporting environment the way they always have.

Read about how Scandinavian Airlines (SAS) reduced financial data processing time from over seven hours to under five minutes using HyperRoll.