WEBVTT 1 00:00:07.243 --> 00:00:10.500 CCH Tagetik's Collaborative Office empowers users to better prepare regulatory reports 2 00:00:10.501 --> 00:00:15.171 such as the Comprehensive Annual Financial Reports, also known as CAFR reports, 3 00:00:15.172 --> 00:00:18.000 or any other statements required by the government accounting standards board. 4 00:00:18.811 --> 00:00:22.000 With CCH Tagetik's 100% integration of Microsoft Office 5 00:00:22.001 --> 00:00:31.500 you can continue to leverage all your needed features in Word, Excel and PowerPoint but as well as leverage CCH Tagetik to access your financial operational or any commentary data that help you built your CAFR reports. 6 00:00:32.000 --> 00:00:42.000 To get started we access our document management, this is your repository that's going to help us manage each of our different following cycles, so we do not need to save anything locally or in a shared drive. 7 00:00:42.001 --> 00:00:52.000 For the CAFR reports Collaborative Office is based onto multiple sections and chapters, so we can assign different users at different pieces so that have everyone working in the same document at the same time. 8 00:00:52.001 --> 00:01:03.000 Of course with a decentralized approach we also have a workflow in place so you can take a look at the status of the project all times, assign different users at different sections, due dates as well as approving managers. 9 00:01:04.429 --> 00:01:15.000 You might notice the financial statements and quickly want to highlight, to visualize all my embedded objects, such as my entity name with different dollar financial values and conditional text 10 00:01:15.001 --> 00:01:20.000 where there is an increase or decrease based on certain values, as well as percentages in different data tables as well. 11 00:01:20.001 --> 00:01:29.000 And all this is directly connected in the software, so there's no need to manually copy and paste anything and the source value's change your CAFR report and automatically update it as well. 12 00:01:29.700 --> 00:01:38.433 In addition I can also run diagnostics on my report, for example right here I'm actually going to check at my total net position same across the report 13 00:01:38.434 --> 00:01:42.107 and I can see it does validate and we have to accredit the value in multiple locations. 14 00:01:42.523 --> 00:01:49.000 Once it's all set up in my future following cycles all I have to do is start rolling forward to a different year or a different period. 15 00:01:50.510 --> 00:01:59.500 On top of all of that, Collaborative Office also helps to control your rounding reporting in values of thousands, millions, split your tables across different pages column wise. 16 00:01:59.501 --> 00:02:08.500 Or even automatically align most digits just by bracket value. All this highly repetitive work can easily be automated with our Collaborative Office.