Case Study: Microsoft Corporation

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Case Study: Microsoft Corporation
Microsoft Corporation

Microsoft Closes Quarterly Books More Than 50 Percent Faster with Web-Based Portal

"Being able to release earnings and file our financial statements sooner is a huge benefit to the finance community." - David Rulon, Director, Corporate Accounting, Microsoft
SUMMARY

The Microsoft Corporate Accounting team is under continued pressure to close the corporation's books and file regulatory reports ever faster. This team of financial experts used Microsoft SharePoint products and technologies to create a portal for coordinating financial close and reporting activities. They built the portal themselves, with no help from the IT staff, and recently upgraded it to Microsoft SharePoint Server 2010 to take advantage of productivity enhancements. By choreographing all closing and reporting activities in one place, Microsoft Corporate Accounting can close its quarterly books more than 50 percent faster, reduce the time to complete quality checks of its consolidated financial statement, and file quarterly 10-Q regulatory documents along with earnings releases. The staff works far more productively now and has more time to focus on moving the business forward.

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