Security, Control, Efficiency!

With increasing internationalization of companies and groups the management of shareholdings gains in importance. In the past, the consolidation of subsidiary companies concerning the consolidated accounts was sufficient. But today, three aspects are crucial:

1.    Accordance with the directives

2.    Value oriented control of investment portfolios

3.    Increasing the efficiency of daily processes

cuContract covers all those issues with a minimum of costs and effort.

Regulatory Compliance and Auditing Acceptability

The requirements to companies in terms of veri-fiability become more complicated each day. Directives like e.g. the Sarbanes-Oxley Act and the KonTraG (Control and Transparency in Business Act) demand more and more transparency.

The Shareholding Management with cuContract based on SAP offers this transparency. Throughout the entire lifecycle of an investment, all required information and related documents are filed in an audit compliant way. All changes, deletions, etc. are documented and are available at any time.

The creation of a shareholding list according to §313 (2) and §285 No. 11 of the German Commercial Code is an obligatory part of every financial statement and can easily be created by cuContract.

Highest Data Security

All this sensitive data is protected by a complex authorization concept. This way, e.g. a subsidiary company cannot lookup all key data of the entire enterprise.

Up-To-Date Information available world-wide

In the electronic file, all relevant information concerning companies which own holdings of other enterprises can be stored. This includes e.g. corporate structure, the jurisdiction, mandates, documents, etc.. These documents can be imported (scanned) directly from cuContract and easily be moved through a Drag & Drop function.

Via the full-text search, not only character-based documents but also scanned documents can quickly be searched.

For each shareholding the indirect as well as the direct share property can be deposited. Through also attachable contract relationships, it is possible to graphically display hierarchical holding relationships between the companies.

The integrated event-agent ensures that dates and deadlines are detected and the required processes are started. The responsible employee receives a message with an order to action, or the further processing is executed automatically.

All kinds of reports offer a quick and detailed overview of all details of a specific company, assigned credits etc. and additional analysis functions increase the controllability of the own investment portfolios.

The always up-to-date and world-wide availability of information leads to an increasing transparency and simplifies the processes. The regular reporting becomes easier to handle and with an increasing quality.

Technical Aspects

cuContract has been developed as an SAP application and is officially certified for both, the classical SAP R/3 environment and for SAP NetWeaver. The solution can be installed into an existing SAP environment, but also as a stand-alone contract server which builds references to other SAP installations.

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