Commercially Available Off The Shelf (COTS) Software
Thin-Client Data Collection & Validation Facility
The number one roadblock to
successful XBRL Adoption is the need for filers to retool their back-end systems
to generate XBRL filings that are compatible with their Regulators'
evolving Taxonomy(s). Regulatory organizations that have mandated XBRL in their jurisdiction
without providing an XBRL Data Collection/Conversion facility have significantly burdened their filers,
resulting in lower compliance and resistance to the XBRL mandate.
XBRL Forms removes the financial and technological burden from the filers and provides them with an easy-to-use,
web-based front end for users to verify financial information prior to submission.
With the taxonomy identified, the XBRL Forms application dynamically renders a set of taxonomy-driven
returns and schedules to facilitate the data capture of high-quality financial information.
XBRL Forms validates each filing in real time against the taxonomy and certifies the return,
generating the required XBRL instance document.
XBRL Forms also allows regulatory organization the flexibility to change their
Data collection requirements, validation rules and reporting frequency, in very short order -
without the need to provide filers with a significant lead-time for retooling.
With XBRL Forms, Regulators move beyond compliance by effectively removing the burden and
complexity of generating XBRL filings from the filing organization, thus enabling immediate adoption of the new filing standard.
XBRL Forms Demo
XBRL Forms provides a Zero-Footprint thin-client facility for data entry of
financial information. This means zero software downloads are required -
which translates into maximum compliance and maximum adoption.
Zero-Footprint offers the highest levels of automated filing to Regulators and their regulated
subscriber entities: a subscriber simply logs in via the internet and submits
its business information or corporate financial filings via a secure,
intuitive submission form dynamically rendered by from the required XBRL taxonomy.
Validation & Certification
Returns and schedules are automatically rendered based on information embedded in the taxonomy.
Accurate submissions are ensured through extensive real-time validation as well as final
Interactive validation occurs on a field by field basis: as the user enters data,
they are alerted to fatal errors or warnings defined within the taxonomy.
Final certification occurs when the user is ready to submit or output the filing:
all rules in the taxonomy are processed and a validation screen presents details
on any and all fatal errors or warnings. Fatal errors will prevent a filing from being submitted,
warnings will not.
Validation errors and warnings can be extended in the taxonomy to virtually cover an
infinite number of business rules through the use of XBRL Formulas.
Web based (Java)
Integrates with XBRL Power EAS for:
User access control
Enablement of resubmissions
View past filings
Create new filings
XBRL Forms stores your Work in Progress
Import and output/download XBRL Instance Documents
Print (pdf) XBRL Instance Documents
XBRL Taxonomy Metadata drives:
Data Domain Validation
Ensures accuracy - interactive real-time validation against the taxonomy, triggering all required calculations, formulas, and rules
Easily deployed on all standard browsers, integrates tightly with the XBRL Power EAS portal
Stores works in progress for future revisions
Allows for final Validation/Certification of returns prior to submission
Generates XBRL Instance Documents for submission
Imports XBRL instance documents for viewing, modification and re-submission
Provides full Multilingual support
Schedule a Live Demo with SQL Power
If you'd like to learn more about the XBRL Power Suite, contact us today to schedule
a live demonstration.