CAFR Reporting Software
CAFR Preparation Is Time-Consuming
Comprehensive Annual Financial Reports or CAFR are a set of U.S. government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB). The formatting requirements set by the GASB are very specific. Because of their very specific nature, without the right CAFR Reporting Software, the entire process of manually creating CAFR's can cost numerous resources and a lot of time.
Automate Your CAFR Generation
Spreadsheet Server automates the entire CAFR preparation process. Because our application creates a live connection to your ERP data from within Excel, there is no need for a dedicated CAFR Generation software. With Spreadsheet Server, each CAFR can be generated in minutes! Spreadsheet Server pulls live data from your ERP into Excel to create the report. Then, through the connection to Microsoft Word, end-users are able to dynamically generate a pre-formatted Word document to serve as your CAFR report. This eliminates the need of spending countless hours having dedicated teams to manually create these reports. In addition, Spreadsheet Server’s Distribution Manager automates the process of making sure the right reports are delivered to the right people at the right time. Reports can be distributed in .xls, .pdf, .html, and .docx format.
Not only does Spreadsheet Server completely automate the CAFR Reporting process, it automates all of your ERP Reporting needs as well. It is able to connect to multiple instances and datasets across different tables, platforms, or even ERP’s and consolidate that data into one comprehensive report.
How Spreadsheet Server has helped others with CAFR:
Larimer County, Colorado: Reduced CAFR compilation from 3 months to 3 weeks!
City of Fayetteville, North Carolina: Received COE in financial reporting from the GFOA 6 years in a row using Spreadsheet Server!