Visual Lease, a specialist in integrated lease management, accounting and reporting, has announced a strategic partnership with reporting services provider Workiva to streamline financial and sustainability disclosures. “Our shared mission is to empower organisations in achieving transparent reporting, which includes the timely and growing need to accurately report against their sustainability goals,” said Robert Michlewicz, CEO of Visual Lease. The partnership comes at a critical juncture, with new and evolving ESG disclosure requirements being introduced across the world and placing increasing pressure on businesses. “Through our technology partnership, our solutions can automate data flows and ensure precision in meeting evolving sustainability disclosure standards and data validation for assurance, as well as empower our shared clients to make informed, data-driven decisions benefitting both their organisations and the environment,” said Paul Volpe, Workiva’s Senior Vice President of Solutions and Growth. Separately, cloud-enabled audit, financial reporting and data analytics solutions provider Caseware has extended its ESG reporting application across the Netherlands, Belgium, Luxembourg and Denmark. The app provides users with clear guidance throughout the implementation process of reporting standards such as the EU’s Corporate Sustainability Reporting Directive (CSRD), ensuring accuracy of documentation and tracking at each stage. It also provides users with materiality analysis, information collection and collaboration, and support in building the final report. “There is a substantial need for support in establishing a strong and precise process for complete ESG reporting, especially as the CSRD imposes considerably greater requirements on companies,” said Heike Kramer, Business Development Manager at Caseware Germany. “The solution will give customers across Europe the tools they need to fulfil their obligations and streamline the process.”
