eXtensible Business Reporting Language (XBRL) is a language for the electronic communication of business and financial data and for digitizing business reports in accordance with the rules of accounting.

XBRL - The language of Future

Laserwords has been working with structured data since 1995 and with XML since it became a standard. XBRL complements XML, which is the universal format for data on the Web that uses tags (identifiers) to describe and deliver data from an application.

Since XBRL is a subset of XML, Laserwords has an edge over others in adapting XBRL and collaborating with our clients to make them XBRL ready.

Without implementing XBRL to share data across business units and departments, reporting efficiency continues to suffer with potential, sometimes devastating impact to the bottom line.

XBRL can be applied to a very widerange of business and financial data. Among other things, it can handle:-

• Company’s internal and external financial reporting.• Business reporting to all types of regulators, including tax and financial authorities, central banks and governments.• Filing of loan reports and applications; credit risk assessments.• Exchange of information between government departments or between other institutions, such as central banks.• Authoritative accounting literature – providing a standard way of describing accounting documents provided by authoritative bodies.

Conventional Reporting

XBRL Advantage

Laserwords edge

Why Laserwords ?

Laserwords is the pioneer in providing XML based Authoring Solutions and Work flow Management Tools. The expertise gained in XML solutions is applied for technology oriented solutions in XBRL.

• We offers complete end-to-end XBRL solutions with services ranging from expert consulting, mapping, tagging and validating.• Laserwords has an abundant base of XBRL accountants in the business, each with rich amounts of experience.• We make sure that both teams from either side communicate extensively to bring upon a good understanding of the scenario and deliver high quality results.• Our project manager will work hand-in-hand with your team to analyze, discuss, evaluate, interpret and then formulate your data.• Our efficient techniques, abundant experience and powerful skill sets will make sure that you have a competitive edge.• Our client base includes leading organizations from around Europe who demand the highest standards in quality coupled with quick turn around times.

SaaS offerings

Technology driven integrated XBRL framework

• Data Migration Application• In built Taxonomy Engine• Authoring Tool• Report Management System