AMANA Switzerland

TITAN Cement Group

We have prepared our first ESEF audited report (European Single Electronic Format) with the help of AMANA and their solution XBRL Tagger. The project started with a full test on the financial report from the prior year which was reviewed afterwards. The production of the report at the end of 2020 went very smoothly despite a very short period for the year-end closing process. The support was excellent and the ESEF consulting competence was outstanding. We met our deadline and filed our ESEF report at the Belgian Officially Appointed Mechanism for ESEF reports FSMA (Financial Services and Markets Authority) in Brussels in English and French on the planned date.

Allianz Suisse

What we appreciate about GTC are the automation possibilities for our processes as well as the specific cantonal requirements from Swiss tax law that are reflected in the software. We have been using GTC in the tax compliance area since 2014. In particular, the allocation of the taxable result according to Circular 23 for insurance companies (Kreisschreiben 23) at the cantonal and municipal level, as well as the processing of payments for the verification of tax assessments and the calculation of tax provisions are very beneficial for us. The GTC also convinced us with its flexibility in integrating different data sources.

EFG International

We use SmartNotes for EFGI - Annual Report, Interim Report, Press Releases and for Pillar III report. We also use SmartNotes for various subsidiary annual reports including subsidiaries is Switzerland, UK and Luxembourg. All theses reports are produced with final layout in Word without use of InDesign. The highly sophisticated functionality for financials (roll-forward, validations, automated numbers in text, ect.) helps us significantly to automate the processes of report production and ensure alignment between annual reports and press releases. The implementation project was an excellent experience for all team members.

Geberit

Geberit has been using SmartNotes for many years.

Our online annual report has an interface with SmartNotes. The data is transferred from the financial report via interface to the online report. The interface processes not only the financial figures but also the formats, so that manual post-processing in the online report is largely eliminated. The manual steps that do not add value have thus been eliminated from the process.

HIAG

We use SmartNotes in the Azure Microsoft cloud environment. SmartNotes significantly helps us to streamline the report production process. A direct interface to our consolidation system as well as a ready-to-print preparation of the reports without InDesign eliminate the manual steps and the risks of errors in the process. After a very good implementation project together with AMANA, we can independently expand the application areas of SmartNotes and implement further reports in SmartNotes.

Richemont

Richemont uses SmartNotes for external and internal reports.

For us, the key advantages include saving time with automated numbers in tables and text as well as the roll-forward process, being able to work in parallel as SmartNotes allows several people to work on the same document at once and internal consistency within the reports and between the reports, for example between annual report and annual analyst presentation or interim report and interim analyst presentation. Smartnotes has also helped us to improve the efficiency of our internal reporting.

FMA

The Financial Market Authority Liechtenstein collaborates with AMANA for many years.

For us, AMANA is first and foremost an XBRL specialist with in-depth XBRL expertise and a global reach. This expertise, which is based on many years of XBRL experience, was crucial for us and the key factor for project success. Furthermore, AMANA is continuing to support us in projects implementing multiple requirements from European Authorities, for example MiFID II (Markets in Financial Instruments Directive II), AIFMD (Alternative Investment Fund Managers Directive) and others. AMANA supports us with the development of our national statutory reporting taxonomy as well.

BEKB / BCBE

We have been using SmartNotes for our financial reporting since 2012. The function­alities for financials in SmartNotes impressed us a lot from the beginning. SmartNotes is easy to use and we act independently when making report adjustments or creating new reports in SmartNotes. We use the tool for both external and internal reporting. For internal reporting, we have implemented our management reports in both Word and Power Point formats. The use of SmartNotes has significantly reduced the risk of errors. At the same time, efficiency has been increased thanks to the automation of routine work.

Primeo Energie

We use SmartNotes to compile four independent annual reports, one group report, and three segment reports. From the point of view of communication and procedures, it was crucial for us that the reports, created with Word, were fully ready for printing. SmartNotes fulfills this task skillfully. In particular, we benefit from automation advantages, especially in the financial reporting sector. In addition, from the outset we now have only print-ready reports in our internal process, which is very helpful and efficient for corrections or content coordination.

Glencore

We implemented SmartNotes for our financial and production reporting and have reached a high level of automation in our work process. The excellent functionalities for numbers as well as the design implementation within SmartNotes has made the reporting process both more efficient and completely transparent. The SmartNotes project team supported us competently and professionally throughout the entire implementation period.Being a listed company on the London stock exchange we are using Smartnotes to prepare the ESEF report (European Single Electronic Format), with taggings of primary statements as well as notes to the financial statements. We performed the project with internal resources and the support from AMANA, using their competences in both areas XBRL technical and accounting. The integration of XBRL tagging into SmartNotes has allowed us to further enhance the automation in the report production process.

Idorsia

SmartNotes significantly facilitates Idorsia’s Financial Reporting process and was particularly helpful in the IPO (Initial Public Offering)​ process and for the first financial reporting a few weeks after the demerger. Using the strong collaboration and review capabilities, and how layout changes can be easily implemented, SmartNotes allows to focus on quality and consistency.

Haniel

During our decision process for the best software solution to fulfill the IFRS 16 requirements, the GlobalLeaseCenter convinced us by the following competitive advantages: on the one hand, it is flexible and therefore easy to integrate into our IT environment and on the other hand, the project team from AMANA was highly competent in both areas in IFRS and in IT specific technical details.

Duferco

We are using SmartNotes for two reports on a quarterly/semiannual basis. SmartNotes has a highly sophisticated functionality for financial reports and helps us to concentrate on content while automating numbers in tables in text. The roll-forward functionality is also very helpful and allows us to produce the first versions of the next period reports in just couple of minutes. Although we are not a public company, with no requirement to publish our financial statements, we nevertheless use the Layout Robot feature to prepare internal reports with professional layouts for our main stakeholders (shareholders and banks).

Caleffi S. p. A.

Amana: a safe and reliable partner for the preparation of consolidated financial statements according to the European single electronic standard (ESEF). I greatly appreciated the professional competence, precision and availability that the Amana team dedicated to the work of preparing the financial statements in XHTML format, using Amana's XBRL Tagger.

Restart S. p. A.

Amana: a safe and reliable partner for the preparation of consolidated financial statements according to the European single electronic standard (ESEF). I greatly appreciated the professional competence, precision and availability that the Amana team dedicated to the work of preparing the financial statements in XHTML format, using Amana's XBRL Tagger.

Covivio

The introduction of the software was straight­forward and simple. The introduction of VAT@GTC has made our reporting process much more efficient. Even complex VAT groups can be easily handled and consolidated with the AMANA software. Since using the software we have been saving a lot of time.

CtrlPrint

We have successfully integrated AMANA's XBRL Tagger, a certified XBRL solution, into CtrlPrint to enable our corporate users to make their financial reports ESEF-ready in a fast and effective way. In our tagging sessions in December 2019, 30 listed companies were able, to a very large extent, tag previous year's annual report and create iXBRL reports as a perfect basis for the 2020 report, fulfilling ESMA requirements. Our users, who in general are not familiar with XBRL, were impressed by the easy-to-use functionality of AMANA's XBRL Tagger and the way it played down ESEF/XBRL to something more familiar. We are convinced that it is a perfect addition to our report collaboration tool.

Arkk solutions

Arkk use AMANA's software to provide an outsourced iXBRL tagging service. The software is easy to use and intuitive for both the user and the reviewer. The team at AMANA have been very responsive with incorporating feedback into the software and have been great to work with. We have received some super feedback on the iXBRL output from a number of our clients, especially around the ease of review.

gategroup

We use GlobalTaxCenter (GTC) for our group-wide tax reporting processes worldwide, for example in our units in Asia, Africa and the North America. The integrated link between actual and deferred taxes saves us a significant amount of time during the year end process. The automated tax rate reconcili­ation serves as an important input for the preparation of the notes in the financial report. The GTC meets our expectations for process digitisation in the area of tax reporting very well.

Meyer Burger

AMANA supported us in the implementation oft he SmartNotes Disclosure Management System for external reporting. The implementation project and the automated processes were an excellent experience for our team. In our Annual Report all major contents including our Financial Reports as well as the ESG contents (Environment, Social and Governance) oft he report are maintained in SmartNotes. The charts have been built in Excel according tot he Corporate Design standards with automated data feeds. The source system is IBM Cognos with automated connections to numbers in charts, tables and to numbers in the text. The ready-to-publish format from Word eliminated the manual InDesign work and significantly improved the process effiency.

Pilatus

"As a non-public company with no requirement to publish our IFRS consolidated financial statements, we decided to implement the Disclosure Management System SmartNotes to improve the effiency of our report preparation process and are very happy with the outcome of the implementation project. We are using SmartNotes for consolidated financial statements with data imports from Cognos Controller as well for financial reports in Switzerland and aboroad with data imports from SAP (RFBILAoo). SmartNotes has a highly sophisticated functionality for financial reports and eliminates many manual steps; it helps us to dedicate our time to content and to IFRS content driven projects, for example, in our recent streamlining project for the IFRS consolidated financial statements."

Thüga Aktiengesellschaft

"We implemen­tated the VAT@GTC software with AMANA consulting GmbH in order to automate the preparation of VAT returns and to map the processes in an audit-proof manner. The implementation was quick and uncomp­licated, also thanks to the very good AMANA team. Espe­cially with the short-term VAT reduction in 2020 to 16%, the advan­tage of the easily accessible and very helpful AMANA support has paid off. With this software, we are certainly well equipped for our upcoming tax comp­liance manage­ment system."

Volkswagen AG

By introducing VAT@GTC, our reporting process has become much more efficient. Even complex tax groups can be easily handled and conso­lidated with the AMANA software. Since using the software, we have saved a signi­ficant amount of time.

Envia Mitteldeutsche Energie AG

We have al­ready been using VAT@GTC for several years. Since we have had very good expe­riences with the software and the AMANA team, we have helped to design and further develop the new VAT audit module for voucher level audits as an imple­men­tation partner. As a result, audits at voucher level have also been possible since this year.

Gropyus AG

I am very con­vinced of VAT@GTC. I have already intro­duced the software in two com­panies. We are about to go live in Germany and Austria.

Duisburger Versorgungs- und Verkehrsgesellschaft mbH

The im­plemen­tation of the software was straight­forward and simple. Even though VAT is very complex, it can be clearly presented and handled with VAT@GTC. Our processes have become much more efficient thanks to VAT@GTC.

VIEGA HOLDING GMBH & CO. KG

The intro­duction of VAT Audit has worked very well. During the project, there was always an open exchange between Viega and the AMANA project team. Suggestions and individual require­ments for the VAT Audit were received positively by AMANA, so that important adjust­ments could be made to the system in cooperation for us.

Bayer AG

With the implemen­tation of SmartNotes, we have continu­ously improved our financial statement prepa­ration process. The interfaces to the pre-system and the flexi­bility within the tool ensure that our accounts are always transparent and comprehensible. This not only saves time, but also enormously reduces the error rate in the preparation process. Thanks to the auto­mated support in terms of design and layout, we can concen­trate on the content aspects until publication. The SmartNotes support team has always supported us well in this and has always been compe­tently available to answer questions as well as comments.

BLG LOGISTICS GROUP AG & CO. KG

By imple­menting SmartNotes in our processes, we were able to automate the creation of our annual reports, our ESEF reporting and other internal and external reports. This has not only enabled us to save capacity in the long term, but also to reduce the length of the creation process and the paper-based correction loops to a minimum. Above all, the efficient number management as well as the creation of finished PDF reports have reduced the recon­ciliation processes in our company. In addition, the SmartNotes project and support team was always there to help us with any questions.

Deutsche Großbank

A major German bank uses the AMANA XBRL Engine to generate its FINREP/COREP reports. AMANA has developed a web service (‘XBRL Bridge’) that can import data from the ‘Financial Data Warehouse’ (Oracle database) in order to generate XBRL instances from them. In addition, the instances can be validated (XBRL Formula Validation + Custom Validation) and visualised (Excel reports). The XBRL Bridge of Deutsche Bank is accessed via a web-based interface (Java).

Currently over 80 users work with our solution. To date, hundreds of FINREP|COREP|AE instances have been transmitted using the XBRL Bridge by all European group entities. Among the recipients of the XBRL reports is the Bundesbank as well as the FCA in the UK, the Banco de Portugal and others. Deutsche Bank was the first bank in Europe to submit the reports on time.

We worked closely with the authorities to optimise the new process. The ECB referred explicitly to the largest XBRL report submitted by the Deutsche Bank in November 2014 – because it overtaxed the undersized systems of the ECB.