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PSS World Medical, Inc. Automates Financial Statement Reporting with Clarity FSR

2008-08-06 10:24:00

PSS World Medical, Inc. Automates Financial Statement Reporting with Clarity FSR

    Firm opts for integrated solution for creating and filing external,



    mandated financial reports



    TORONTO, Aug. 6 /EMWNews/ - 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 seconds."



    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 departments."



    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 http://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.





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Blake Masterson

Freelance Writer, Journalist and Father of 5

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