Because corporate accountability begins with the financial statement:

• TABS provides an unprecedented level of detail that is retained as part of the audit trail for all budgets, operating and capital, within the system for up to five years
• Complete audit capability for IRS, internal analysis and financial reporting, including gathering data for R&D Section 41 of the IRS tax code.
• TABS allows you to implement a control framework that enables your documentation to be consistent, reliable and measurable.
• TABS will also assist you in providing internal processes that address the disclosure controls mandated by Sarbanes-Oxley, and provide top management with visibility into their effectiveness.
• Comprehensive messaging system sends out notifications but not sensitive financial data via corporate e-mail. Users must log in to TABS to send notes, make comments on budgets, add attachments, justifications relating to projects or budgets. All messages, attachments and notes become part of the audit trail.
• Eliminated or merged cost center budgets are automatically locked and archive to preserve audit trail.
• Work flow: After a budget is submitted, budget is automatically locked as "view only" until either approved or denied to ensure integrity of the work flow, business process. New budgets can be created for "what if" or modeling purposes. Those budgets, though not submitted - remain with the cost center as a part of the audit trail for future reference and tracking KnowledgeLab Software can assist you in setting up the process critical to meeting these standards and enable you to gain confidence in your ability to accurately forecast those numbers.

Why let your customer's risk their reputation when you have an affordable alternative?

TABS provides:

• Flexibility for financial admin/executives to define rules associated with financial information capture, purchasing and reporting;
• An integrated, non invasive solution to ensure transparency and visibility into company financials across multiple and diverse databases and systems
• The ability to easily understand the information behind the data;
• Increased data accuracy and reduced errors through effective and detailed information processes for certification.

Disclosure Controls and Procedures

TABS supports effective and transparent financial processes to meet the stringent new requirements for process transparency and consistency. TABS provides:

• A single data source for storing and reporting against financial information
• Common, role-based security to better track and manage access to financial data;
• Integration capabilities for non-financial data that influence financial data such as vendor information, purchase requisitions, etc.
• Ability to maintain 5 year audit trail of all budgets, including those business units/cost centers merged or eliminated (archived and locked)

Accelerated Reporting

• Fast, flexible reporting from a consolidated data source to meet the accelerated reporting requirements
• The ability to easily build ad hoc reports, custom corporate reports or standard GAAP reports on any line item, across multiple budgets, (slice and dice) to communicate business changes.