Benefits
Guarantee of compliance with new legislation
Reduction of XBRL application development time
Speeding up XBRL adoption
Simplification of financial reporting
Support for standards
Elimination of paper-based, error-prone reporting process
Support for verification, analysis, reformatting and redistribution of financial data
Improvement of visibility into financial reporting
Editing taxonomies and instances simultaneously
Entering financial facts using XBRL Dimensions
Enhanced validation with support for Formula 1.0
Configurable pre-built HTML reports
Cross-checking the difference between two taxonomies
Extraction of XBRL data from Excel documents
Support for rapid development of XBRL-enabled applications - including the newest extensions such as Formula 1.0
