American Financial Printing, Inc. (AFPI), a leading provider in corporate communication services, and NeoClarus Inc. (NeoClarus), a leading provider of XBRL reporting software and solutions, have partnered to provide turnkey solutions for interactive data tagging of financial statements filed with the Securities and Exchange Commission’s (SEC) voluntary XBRL filing program.
With more than 35 years experience in helping corporations create, produce, and distribute financial statements, AFPI now adds the NeoClarus iFile software environment and tagging services to its portfolio of offerings for its existing customers that include many publicly-traded corporations and investment management companies nationwide. NeoClarus iFile is an easy to use, collaborative environment to tag financial statements, audit and validate the tags, and create an accurate XBRL instance document, ready for filing. NeoClarus iFile shields the business user from the complexity of XBRL language and simultaneously automates the majority of the tagging process through step-by-step guided wizard. "AFPI already provides a single-source solution that encompasses the entire lifecycle of documents filed with the SEC. Adding XBRL tagging capabilities through NeoClarus’ iFile significantly extends the services we are able to provide to our clients." said Scott DeWitt, President of AFPI. "I am confident that our customers will continue to find great value in our seamless process that enables AFPI to take in their documents and convert, tag, and file them with the SEC."
XBRL financial statement preparation is available immediately from AFPI and NeoClarus. Contact AFPI at 1-877-378-0711, or NeoClarus at 1-877-636-4345, for more info.
eXtensible Business Reporting Language (XBRL) enables companies to provide standardized descriptions for financial statement elements so the investment community can more readily and accurately assess corporate performance across multiple organizations simultaneously. The benefits to public companies include more accurate filings, which supports compliance mandates, more control over how their financial statements are interpreted, and increased efficiency in filing creation.
Founded in the early 1970s, American Financial Printing, Inc. (AFPI.com), has grown from a small typesetter of financial documents to a corporate communications firm servicing over 230 companies in multiple industries. We are a privately held firm, conveniently headquartered in Minneapolis, Minnesota, providing corporate communication and document management services to many of the nation’s prominent privately-held firms, publicly-traded corporations, and investment management companies.
NeoClarus, Inc (neoclarus.com) is a leading provider of XBRL software and software enabled solutions for financial reporting within corporate enterprises and to external organizations and agencies. NeoClarus products and solutions provide a unique, complete approach to financial information management and reporting. The NeoClarus software platform is a comprehensive, scalable environment for creation, management, and reporting of XBRL financial information. It seamlessly automates financial data extraction, XBRL mapping and tagging, data and tag validation, and report generation through a process guided and collaborative Web interface. Built for any size of enterprise, it provides the full breadth of capabilities needed to create, review and audit, and file financial statements. Financial statement preparers, financial printers, and auditors enjoy substantial cost reductions and greater internal efficiency with NeoClarus.
Incorporated in May 2006, NeoClarus, Inc. is a technology company based in the heart of Silicon Valley, California. Its management team has over 40 years of experience in software, financial solutions, outsourcing, and service delivery. Its development team, based in Bangalore, India, has developed a leading expertise in the applied use of the XBRL language.