Documentation filings can be produced in multiple formats (XBRL, iXBRL, PDF, EDGAR HTML, etc) according to specific regulatory requirements and other external and internal reporting needs.
- The task of producing XBRL can be challenging for filers.
- Third party tools can be costly and overhead to the financial reporting process.
- Difficulties with non-enterprise software that is disconnected from their internal financial reporting infrastructure = security risks, data inaccuracies.
Hyperion Disclosure Management allows users to graphically produce regulatory filings in a collaborative environment through a tight integration with EPM data sources, Microsoft Office and other third party sources. This integration reduces the total cost of ownership by providing a single point of maintenance. The solution enables the modification or extension of taxonomies or the creation of multiple taxonomies.