Providing automated solutions for data-driven recurring reporting and compliance filings.
Automated Managed Services (AMS) is an integrated suite of technology-driven modules that utilizes a data-first approach to automate the preparation of internal and external reports and compliance filings. AMS digitizes the ingestion of data from multiple sources, and transforms and stores the data to create a “single source of truth” for downstream use in the AMS modules. AMS increases the speed, efficiency and quality of reporting processes and outputs while also providing management with better visibility into their company’s data to drive strategic decision-making. AMS is flexible, allowing companies to choose different modules based on their needs, and is continuously updated and improved to keep up with the ongoing changes in the business and regulatory environment.
Disaggregated data sources including ERPs, subledgers and source transactional data systems (e.g., sales, procurement, inventory, etc).
High costs associated with implementing and maintaining disparate technologies as well as fines and penalties for inaccurate reporting.
Lack of visibility and access to data to perform meaningful analysis, reconciliation at the consolidated level and monitor control effectiveness to evaluate compliance risk.
Continuous evolution and complexity of global reporting requirements with no single continuously updated repository for rules, regulations and requirements.
Manual, time intensive processes compounded by protracted issue and anomaly research and resolution.
AMS, a new approach to financial reporting and compliance with PwC, bundles technologies seamlessly to automate data extraction through report templating, with target automation across function of 75%. These services are overseen by PwC’s technology and finance specialists to ensure you get the quality you require.
Thomas J. Holly
Automated Managed Services Partner, PwC US
Leader, Automated Managed Services, PwC US
Automated Managed Services Lead Director, PwC US
Automated Managed Services Managing Director, PwC US
Insourced Solutions for Tax Managing Director, PwC US