COMPLIANCE & ANALYTICS SOLUTIONS FOR GOVERNMENTS / REGULATORS
In the digital economy, governments and regulators across the world are tasked to improve their reporting infrastructure and reduce the burden on reporting entities. Government agencies globally have opted for electronic reporting systems based on open and international standards like XBRL. IRIS has worked with governments and regulators in more than 16 countries advising them on their statutory reporting strategy.
BENEFITS TO GOVERNMENTS & REGULATORS
Develop and implement XBRL based taxonomies for business and financial reporting in the domain of your regulatory jurisdiction. We can also help develop XBRL based taxonomies for non-financial business reporting, e.g. production, sales and marketing.
Our solutions need a one-time setup and there-on filings can happen through an automated process with complete accuracy and maintaining the integrity of data.
End to end solution for your reporting supply chain that starts with data gathering and report production by reporting entities and extends to public dissemination of the reported data in an analyzable form.
Reduce the burden on your reporting entities to gather and transform data to fit into reports. Our XBRL solutions are designed to address the tedious, time-consuming, and always changing nature of regulatory reporting.
Our XBRL based taxonomy and reporting platform, makes data interoperable no matter what information systems the source data originates from. This path to interoperability is a lot cheaper than working through applications and infrastructure.
We offer a straight through process for your reporting supply chain i.e. data is sourced directly from the central data repository of the reporting entities. The data submitted is trustworthy and without any manual handling.