NeoClarus, Inc. (NeoClarus), a leading provider of XBRL reporting software and solutions, and E-Services LLC (E-Services), a full service provider of EDGAR filing software; training; and expert filing services, have partnered to provide North America-based public companies with XBRL financial statement filing solutions and training. Today, the Securities and Exchange Commission’s (SEC) enables public companies to file financial statements in interactive data form, known as XBRL, as part of their voluntary filing program. 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.
With more than 15 years experience assisting and training corporations on how to prepare EDGAR filings, E-Services now adds the NeoClarus iFile software environment and XBRL knowledge to its portfolio of offerings for its customers. 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 a step-by-step guided wizard.
John Wagner, co-owner of E-Services, chose NeoClarus as a partner because of the breadth of XBRL capabilities it provides in such an easy to use manner. “E-Services has been an EDGAR expert and thought leader in software, services and training for HTML EDGAR preparation and filing for 15 years. NeoClarus and its iFile product will quickly enable us to do the same with XBRL and ready our customers for the SEC’s mandate of XBRL in the near future” said Wagner. He added, “iFile is easy to use, but has rich functionality. There isn’t another product that I have seen today that can match the value provided by it.”
XBRL financial statement preparation is available immediately from E-Services and NeoClarus. Contact E-Services at (1-985-893-8196) or NeoClarus at (1-877-636-4345), for more info.
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. For more information on NeoClarus and its financial reporting solutions, please visit the NeoClarus website.
About E-Services, LLC
Founded in 1993 by Monique Price during the pilot test phase of the EDGAR System, E-Services (edgar2.com) has grown to become a leading EDGAR services provider. Ms. Price and her husband and business partner John Wagner have been teaching EDGARLink and ASCII since 1993 and HTML/PDF since before it became optional in 1999. E-Services offers national and international training seminars as well as customized in-house training packages. E-Services is the only EDGAR training provider to offer unlimited free follow-up support. It has developed exclusive EDGARSTAR software for error-free HTML filings as well as its own Form 3, 4, 5 software for Section 16 filings. Further, it also provides a full line of EDGAR filing services, including HTML, PDF, and XBRL filings as well as low-cost press releases. It is this vast experience that enables E-Services to teach and file effectively in the world of EDGAR and to be considered “The EDGAR Experts”. For more information on E-Services and an on-line demonstration of EDGARSTAR software, please visit the E-Services website.