We Simplify your iXBRL
People struggle when it comes to converting sustainability and financial reports into iXBRL.We have developed a process for auditors and filing agents to deliver high quality iXBRL files at affordable price that helps them generate more business!
Whether its financial or ESG reporting, meeting regulatory compliance is a must for all.
Whether you are a European auditor working on an ESEF mandate or a filing agent putting hard efforts into SEC submission on behalf of your sec registered issuer. Your iXBRL files must meet all the regulatory compliance as mandated by your regional regulators.
Some of the aspects you need to look into:
1. Adherence to regional regulatory mandate
2. Accuracy of numerical facts
3. Use of appropriate taxonomy and relevant tags
4. Free from errors and validations
5. Submission before the deadline
6. Software compliant to XBRL specification and OIM
You have certain challenges in iXBRL reporting
iXBRL reporting presents several challenges that organizations need to overcome to comply with regulations and provide accurate financial information. These challenges include:
Financial Concepts
iXBRL reporting is based on regional GAAP or IFRS; therefore, to produce a report that meets regulatory compliance, you must have a sound understanding of financial accounting concepts and relevant tags.
Experienced Staff
Many organizations may not have experienced professionals who are experts in iXBRL reporting and can navigate the complexities of the process. This can lead to errors and delays in the reporting process.
Expensive Software
The software required for iXBRL reporting can be quite expensive, which can be a barrier for smaller organizations or those with limited budgets. Also need resources and time to get trained on any software.
Timeliness
Since iXBRL submission of the financial report is a regulatory requirement, all of which have a deadline attached to them. Therefore, an expert team is required to help you during the deadlines.
Is iXBRL burning a hole in your pocket?
Are you tired of spending excessive amounts of money on iXBRL services for your financial and non financial reporting needs?
Many vendors and iXBRL service providers take undue advantage of iXBRL reporting challenges and charge a heavy premium on iXBRL tagging and conversion services. It's also true that even if you set up an in-house iXBRL conversion team the cost would be quite high as you end up paying heavily for software license fees and also for training internal teams.
So, what is the best option available?
As an auditor or filing agent, you need a partner that understands iXBRL reporting and can offer impeccable service for any type of iXBRL tagging requirements you may have. SustainoTech could be your iXBRL reporting partner!
SustainoTech
Confluence of Sustainability and XBRL Capabilities
SustainoTech brings together the best of both worlds: the precision of XBRL reporting and the understanding of financial and non-financial concepts. Our unique blend of technical and sustainability expertise is poised to enable businesses to report on financial and sustainability performance in a clear and standardized way, providing greater transparency, and accountability to the stakeholders.
What do we do best!
Team of XBRL experts, exposure to a diverse set of taxonomies.
The team has been delivering XBRL services for the past 10 years. We understand the iXBRL tagging requirements of various XBRL mandates.
Detail Footnotes Tagging
iXBRL conversion of quarterly and annual reports for companies registered with the SEC.
Risk/Return Summary
Expertise of converting RR summary portion of N-1A prospectuses
ESEF Block Tagging
Face Financial and Block tagging for publicly listed entities with EU regulators
Sustainability iXBRL
Reporting of sustainability data in structured iXBRL format for various global frameworks
Dependable Business Partners!
We are here to assist you through the entire reporting cycle, giving you complete peace of mind and the ability to focus on other important aspects of your business.
24x7 Support
Available during the entire reporting cycle till your reports are submitted with regulators.
Quick TAT
Well defined processes to provide quick turnaround of your files.
10+ Years
Supporting filing agents for Risk/Return summary conversions
Expert Team
Understand the nuances of iXBRL taxonomies and worked on multiple XBRL software.
Serving Globally
We convert financial and sustainability [ESG] information as per globally recognized taxonomies. Serving clients across USA and Europe!
Let’s work together!
Let's come together to offer seamless iXBRL tagging and conversion services for the issuers. Together we overcome the biggest challenges of the iXBRL conversion, produce accurate data and create credibility for end clients. Together!
Consistency
XBRL tagging requires a high level of accuracy and consistency to ensure compliance with regulatory requirements. Experienced team with the necessary skills and experience to accurately tag financial data
Compliance
Preparers should have a thorough understanding of the regulatory requirements in the jurisdiction where the data is being reported.
This includes knowledge of the latest rules and taxonomies
Custom Services
Committed to offer customized services as per your end customer requirements. Have a dedicated to team to serve your needs during peak reporting cycle, be it SEC mandate or ESEF
Affordable Pricing
Pricing is an important consideration for businesses of all sizes. Therefore, we offer highly flexible engagement model for our customers. You can have an FTE arrangement or opt per filing basis model.
Looking for iXBRL Conversion. It's super easy!
Please fill the below form to start the iXBRL conversion today!