Case Study: Cherry SE cuts close-to-disclose time with insightsoftware’s Certent Disclosure Management

From Manual to Momentum Cherry SE Cuts Close-to-Disclose From Weeks to Days

Cherry SE, an internationally active publicly traded technology company headquartered in Munich, needed a faster and more reliable disclosure process to meet growing regulatory demands. Its manual workflow for annual reporting involved exporting data from consolidation into Excel, moving it through separate reporting and translation steps, and repeatedly checking German and English versions for accuracy. Cherry SE used insightsoftware’s IDL Konsis for consolidation and turned to insightsoftware’s Certent Disclosure Management to modernize disclosure reporting.

With insightsoftware’s integrated disclosure management solution, Cherry SE created a centralized source of truth for report content, synchronized numbers, tables, text, and language versions, and added built-in support for XBRL tagging and validation rules. The result was a dramatic reduction in effort: disclosure time dropped from several weeks to just a few days, and changes that once took one or two days could now be completed in minutes. insightsoftware also helped Cherry SE go live in 60 days, improving auditability, reducing errors, and freeing the finance team to focus on more strategic work.

Cherry SE

Kristina Schuster

Group Accounting Specialist