Firm opts for integrated solution for creating and filing external,
mandated financial reports
TORONTO, Aug. 6 /CNW/ - Clarity Systems, a leader in corporate
performance management (CPM) and external reporting solutions, today confirmed
that PSS World Medical, Inc., a leading national distributor of medical
supplies and equipment to office based physicians and long-term care providers
(NASDAQ/NM:PSSI), is using Clarity FSR to automate the creation of their 10-K
and 10-Q documents.
"With Clarity FSR, we've been able to fully automate the creation of our
external reports, replacing a more labour intensive, manual process," said
Michelle Boyer, Senior Director, Financial Reporting, PSS World Medical, Inc.
"What used to involve multiple steps and oversight can now be done in
The Clarity FSR automated external reporting solution improves the
efficiency of the external reporting process, while delivering multiple output
formats including XBRL, MS-Word, .pdf and EDGAR-ready HTML. Clarity FSR is
used by organizations across all vertical markets to automate the creation and
submission of SEC filings, like the 10-K and 10-Q, and to produce other high
value documents such as Board Books and other statutory or regulatory filings.
Clarity FSR delivers measurable efficiencies by automating a traditionally
manual process, which in turn reduces key risks faced by publicly-held firms,
including: risk of errors; risk of late filing; risk of non-compliance and
risk of insider leaks.
According to Boyer, the Clarity solution's all-round unity and
integration impressed her. "Several firms approached our company but they were
bolt-on products that did not communicate well with our other systems. That
was not a concern with Clarity, which features an open architecture that is
easily accessible and formats data from multiple sources."
Clarity Chief Operating Officer, Paul Hill, said "I'm pleased to welcome
PSS World Medical to the ranks of Clarity FSR clients who are using our
single, integrated solution for their external reporting needs. By making the
process more efficient and reducing risks, Clarity is finding a willing market
for Clarity FSR among financial reporting, compliance and investor relations
About Clarity Systems
Clarity Systems delivers superior Corporate Performance Management
software solutions for financial budgeting, planning, forecasting,
consolidation, analytics and financial statement reporting to a large, global
client base. With a rich feature set, Clarity 6 and Clarity FSR are unified
applications that offer the flexibility, security, and control needed to make
more informed business decisions while meeting compliance requirements. Named
as one of Profit's 100 fastest growing companies and a Branham 300 top 100 IT
company, Clarity Systems continues to lead the industry as the independent CPM
specialist. For more information, please visit our website at
www.claritysystems.com or call us at 1-877-410-5070.
About PSS World Medical, Inc.
PSS World Medical, Inc. is a national distributor of medical products to
physicians and elder care providers through its two business units. Since its
inception in 1983, PSS has become a leader in the two market segments that it
serves with a focused market approach to customer services, a consultative
sales force, strategic acquisitions, strong arrangements with product
manufacturers and a unique culture of performance.
For further information:
For further information: Dave Paolini, Communications Manager, Clarity
Systems Limited, (416) 250-5500 ext. 417, Toll free: 1-877-410-5070 ext. 417,