Hi and welcome back.
Today we'll be looking at Amana's SmartNotes product.
When combined with its powerful cockpit and integrated Microsoft Office suite,
it allows you to produce anything from print ready board or management
report packs to statutory and regulatory iXBRL tagged documents.
It also allows you to include or
incorporate financial or statistical information directly from multiple source
systems in a collaborative and really controlled manner.
Let's hop in and have a look.
When logging in, you have the option to choose username
and password authentication or single sign on managed by Azure Active Directory,
as well as your application interface language.
So once you're logged in,
you're presented with a list of all your available documents and all you need to do
is just double click to start working right away.
A really great feature is the SmartNotes Cockpit.
It governs your user journey and gives a great summary of the status of your
document, listing each of the chapters and sub sections on the left hand side.
The columns on the right hand side, which can be entirely customised,
give you the information on the status of each section, when it was last updated
and which sections are currently being worked on by other users.
Additionally, you also have a handy
validation column which highlights how many validation rules are defined in each
section, as well as how many of those rules have been met.
Another powerful feature is the full audit trail.
Every document save and associated comment
is tracked, and opening or restoring previous versions is just a click away.
A detailed comparison report can be
generated to highlight differences between different document versions.
All managed tables within SmartNotes are
defined in a familiar Excel interface, and it's really easy to add or remove items.
You can use the Advanced Programming Wizard
to identify and select values that have been imported from your various source
systems and easily drop them into your table.
You can also make manual changes directly
to the table by inserting or removing rows and updating the reference column.
Now, this is a great differentiator for Amana as it ensures that manual
adjustments are carried forward to future year documents automatically,
even when table structures change.
Using the Data Import Wizard couldn't be easier.
You're presented with each data source and its last update date.
Simply select your source and click Import.
Affected tables are updated in seconds.
Chapter statuses are automatically updated, showing the exact chapters
that have been affected, removing any ambiguity over data updates.
You can then use the Data View to drill down into the detail of the changes,
which are highlighted to make them easily identifiable.
All this without having to open a single word document.
Now, creating your final output is incredibly simple.
You have a variety of options, including to omit comments,
insert a watermark, such as draft, or whether to include your iXBRL tagging.
On the topic of iXBRL tagging, Amana absorbs the relevant taxonomy
and allows you to tag elements using simple drag and drop functionality.
The wizard also allows you to create any necessary taxonomy extensions.
So the great news here is that when you
roll forward your document to a future year, all tagging rules are carried
forward alongside your manual adjustments and validation rules.
So as we've just seen, a Amana's SmartNotes is a powerful tool.
It has seamless Microsoft integration capabilities.
It's got a powerful governance
and collaboration framework, as well as integrated iXBRL capabilities.
So this makes it really ideal for an organisation of nearly any size,
especially those with complex reporting requirements, such as ESEF compliance.
Now, if you'd like to learn more about this tool, and perhaps some others,
head over to democentre.io and book in the demo with one of our consultants.
Thanks for watching.