XBRL solutions

eXtensible Business Reporting Language (XBRL) is an open, global information standard that defines and provides names- or "tags"- for numbers, narrative text, dates and other facts in a business report. It is often described as "bar coding" for financial and business information.

Key benefits that XBRL will bring to businesses include:

• ability of different regulatory bodies to use the same electronic data set - avoiding duplication & reducing compliance costs
• automatic exchange and reliable extraction of financial information across all software formats & technologies
• improvement in the efficiency with which various tools can generate comparisons & analysis

Our solution

Our solution is structured to address the following:

• compliance with the Ministry of Corporate Affairs mandate
• flexibility to address the evolving financial reporting framework in India
• scalability from outsourced services to in-house processing

We offer you a comprehensive solution around your XBRL needs, which may be broadly segmented into two broad categories:

• managed services solution - outsource the entire XBRL function and obtain an end to end solution
• embedded solution - a XBRL solution that integrates with a company's ERP, using third party technology solution and implementation support

For more details on our XBRL solutions, please write to us at contact@in.gt.com