XBRL (Extensible Business Reporting Language) is a language for electronic communication of business and financial data that is revolutionizing business reporting around the world. It is a new format that will soon replace ASCII or HTML formats currently used to submit financial documents. With XBRL, the financial reports are interactive, accurate, complete and transparent.
Japan, China, Singapore, Spain, Korea have already adopted XBRL for financial reporting. The SEC (Securities and Exchange Commision) is in the process of mandating the requirement in the United States. Please click Latest SEC Update for details on the SEC announcement.
Drawing on deep industry domain and technological expertise of a global team with a combined experience of more than 500 person years, we focus on delivering XBRL-based solutions to Enterprises, Financial Printers, auditors, and Fundamental Data Aggregators.
Neoclarus is headquartered in Santa Clara, California with locations worldwide.
 |
|
|
|
 |
|
|
|
Enterprise CustomersPublic companies can benefit by using the Neoclarus suite of applications in their financial reporting chain. Current process of financial reporting to the regulatory bodies and partners can be made faster, more efficient, transparent and accurate. Ifile can extract data from any source (ERP, excel, financials consolidation applications) |
Financial PrintersXBRL is soon going to replace the existing paper filing process in the financial reporting chain. Partnering and using our ifile solutions is a tremendous growth opportunity. The iFile solution is architected to support your existing processes and adding value to your clients and partners by providing features like self-service and collaboration. |
AuditorsNew opportunities have emerged specifically for the auditing community with XBRL being adopted to report financial information. Regardless of whether you are an individual auditor or an organization providing auditing services, our iAudit solution will enable you to address these opportunities. |
Fundamental Data AggregatorsXBRL is changing the way fundamental financial data is reported, disseminated and analyzed. With the changes in the fundamental financial data reporting chain, existing technology might not suffice to meet the needs of your customers. Neoclarus's iParser solution has been designed to address the functionality gaps that will exist in your existing processes and systems once XBRL is adopted by your stakeholders. |