MANTECH Annual Financial Reports

The sub-process capabilities highlighted below are key functions of MANTECH’s solution and brings the end-to-end AFR  Process to life. 

By Automating your AFR creation MANTECH is experiencing gains across the process with a reduction in time of up to ~40  days from close to release. Then shifting the paradigm to analysis.

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The ripple effect across the AFR process with automation will help to improve broader issues across the reporting  operating model. 

• Reduce Fragmented Systems and Data Silos: Legacy Systems and complex System Integration prevents a unified  view of financial data. 
• Single Source of the Truth: Incorporating all capabilities into a single unified system that is ERP agnostic • Reduction in Manual and Time-Consuming Processes: Reduce Manual Processes (e.g. reconciliations), increase the  timely identification of errors. 
• Alignment with Strategic and Fiscal Guidance: Inconsistent Standardization across agencies results in challenges  combining data and reflecting strategic priorities. 
• Improved and Integrated Data Quality Insights: Increase Data Accuracy and Data Quality by integrating disparate  into a single unified system to improve Compliance. 

• Collapsing Resource and Security Vulnerabilities: Automate data processes to reduce the impact of Resource  Constraints (both financial and human).

MANTECH’s AFR Solution Outcome 

By partnering with MANTECH, Financial Managers customers can expect significant positive outcomes: 

• Delivering Timely and Auditable AFRs: Our solution delivers a fully audible financial reporting process to ensure the  necessary effective supervision and quality control for the AFR process. 
• Shifting the reporting paradigm: Shift the process from data compilation to review and analysis. • Clear Strategic Direction & Guidance for Reporting: The unified process and Standardization provide executive-level  clarity and guidance specifically for AFR preparation and submission.  
• Enhanced Workforce Competency & Readiness for AFR: Ability to manage and report on complex requirements of  annual financial statements.  
• A Culture of Data-Driven Decision Making (Audit Ready): Empowered leaders with timely, actionable insights  delivered through dynamic dashboards generated from reliable, integrated data.  
• Improved Collaboration & Digital Engagement for AFR Integrity: Robust Integration across all necessary systems  dismantles data silos, ensuring that all components of the AFR are drawn from unified and cohesive sources.