Effortless XBRL Creation: Simplifying Compliance with EcoActive
EcoActive is a powerful, yet simple and efficient, application that enables the effortless creation of XBRL documents without requiring extensive training in XBRL.
With EcoActive, financial users need not become XBRL experts. Users can easily create XBRL documents without having to take the pain of learning the nuances of XBRL specifications. All the complexity of XBRL specification is managed in the background by EcoActive allowing the users to focus on the financial information.
Features
EcoActive supports all the essential functions of creating XBRL documents. It supports XBRL 2.1 specifications and complies with the XBRL conformance suite. EcoActive is a powerful and easy-to-use tool offering unique features.
- Automated XBRL tagging from multiple input formats: Word, Excel, PDF, HTML, and ASCII Built-in validations to confirm the validity of mapped items and trace them back to the source table.
- Auto-detection of statement periods, currencies, and units based on information in the source document.
- Stores calculations and formulas, including XBRL Formula-based rules for calculated values like ratios and totals.
- Easy mapping functionality to minimize user data manipulation and quickly create accurate XBRL filings for multiple reporting periods.
- XBRL previewer feature allows users to verify the appearance of generated XBRL instances using SEC Viewer.
US XBRL
EcoActive is a cloud-based disclosure management platform that enables corporations to prepare, review, validate, and file reports to various Regulators. EcoActive utilizes multiple patented technologies and techniques such as Natural Language Processing, Machine Learning, and Deep Learning techniques to offer an amazing user experience. Learn more about Integix.
EU
The European Securities and Markets Authority (ESMA) has been mandated by the Transparency Directive 2013/50/EU of the European Commission to ensure that all financial reports be prepared in a single electronic reportingformat from 1 January 2020. ESMA has developed draft Regulatory Technical Standards (RTS) to specify the electronic format known as European Single Electronic Format (ESEF).
UK
HMRC-recognized outsourced services fully compliant with regulatory requirements Cloud-based software platform – EcoActive – with managed and self-service options for companies to control the process from authoring to submission with the HMRC
Reviewing tool – XOR – that facilitates collaborative, online reviewing and validation of Inline XBRL files before they are submitted to HMRC Cloud-Based Inline XBRL Platform – Integix
Integix is Ez-XBRL’s cloud-based iXBRL authoring platform. It offers a comprehensive solution that enables the conversion and creation of iXBRL documents using a variety of source document formats including Microsoft Word, Microsoft Excel, and Adobe Acrobat (PDF).
SA CIPC
Since early 2018, when South Africa announced the implementation of their Inline XBRL mandate for compliance reporting, we have been actively involved in helping ramp up the CIPC’s reporting mandate. We have participated in early-stage pilots to assist companies in preparing for go-live processes. Since July 2018, our products and services have been utilized to file hundreds of live filings to CIPC.
India
Since 2011 when India’s XBRL mandate was announced, Ez-XBRL has played a leading role in offering solutions for reporting entities and service providers. We work the largest companies, leading accounting firms, and other service providers. We offer a suite of Software Products and Management Tagging Services that combine to provide customers with the most complete and versatile XBRL solution in the market.
Singapore ACRA
The ACRA requires companies in Singapore to file their financial statements in eXtensible Business Reporting Language (XBRL) format. This is part of the ACRA’s efforts to improve the quality and accessibility of financial information, reduce the time and costs associated with financial reporting, and facilitate the analysis and comparison of financial data across companies and industries.
Israel
The ISA requires companies in Israel to file their financial statements in eXtensible Business Reporting Language (XBRL) format. This is part of the ISA’s efforts to improve the quality and accessibility of financial information, reduce the time and costs associated with financial reporting, and facilitate the analysis and comparison of financial data across companies and industries.
Ireland
With our extensive experience in financial reporting, we excel in helping companies effortlessly meet their XBRL filing requirements with utmost precision Whether it’s the mandatory iXBRL financial statement filing mandated by Revenue or the adoption of XBRL for reporting by the Central Bank of Ireland.