COLLABORATIVE DISCLOSURE MANAGEMENT

Collaborative Disclosure Management helps you:

  • Create financial and other business documents that need to meet internal as well as external disclosure requirements such as Board Books, 10K, 10Q, Annual reports, Sustainability reports, etc.
  • Combine within the same document data coming from different sources
  • Work concurrently on different parts of a single document
  • Assign to each section of a document an ad-hoc workflow monitoring its progress of completion
  • Manage and compare multiple versions of the same document
  • Apply financial intelligence to the collected data, like scaling, rounding, currency, etc.
  • Check the consistency of data across different documents and/or different paragraphs, sections, etc. within the same document
  • Release the final documents in different formats (e.g. HTML, iXBRL, …)
  • Migrate your entire CDM setup from your existing solution to Fluence in minutes (check with us for supported migrations)

The document can contain grids and cells, intelligent formatting, reconciliation rules and financial logic. End users can add live objects themselves.

The user interface is intuitive and part of your daily Office environment. No need for training.

Secure Collaborative Disclosure – Responsive and Cloud

Documents you have access to are available from a single secured source on any device
(PC, Tablet, Smartphone). No complex Admin User Interface requiring training and attention every time something changes.

The status of the datalinks with the underlying data sources is monitored with a Datasource Dashboard. This ensures that the data refresh status is continuously visible. No more guessing or endless data refreshing are needed. If the underlying data changes, the dashboard shows the broken link.

Fluence leverages the Microsoft’s Office 365 user interface providing you with the power of Word, Excel and PowerPoint without their pitfalls.

Any content, format or linked object change is logged. Fluence Collaborative Disclosure is therefore a fully auditable environment, explaining change and revisions. Link disclosed numbers back to their non-rounded, non-formatted or non-scaled origins. Compare adjusted disclosed numbers with the raw data sources. All in one click.

iXBRL

There a re a lot of iXBRL vendors and it is not easy to select the right one. We followed EY’s advise and selected 2 as a partner:
Read the EY LinkedIn post to learn more

iXBRL with Fluence powered by ParsePort

The first company having published its annual report in iXBRL format on their website is ARCADIS (26 March’20), see it here, allow the viewer to load once the xHTML is uploaded).

With the slogan “XBRL made simple”, ParsePort is a solution provider for financial reporting in the iXBRL format to authorities, banks, insurance companies, pension funds, auditors, publicly listed and smaller companies all over the world.

ParsePort have one of the fastest, simplest and most cost-effective XBRL solutions on the market and help companies to comply with EU- and local requirements to create financial transparency and predict and minimize the effect of financial crises.

ParsePort solutions are taxonomy-independent, and users do not need to know or worry about taxonomies – or changes to these. Simplified tagging really mean simple. By tagging just the start and end points of e.g. your income statement, we have enough information to extract all the right data – and for you as a customer it means minimal workflow impact.

The integrated, certified and cloud-based solution combines the strengths of Fluence and ParsePort to enable quick, accurate preparation of iXBRL files in format required By European regulators.

Thanks to the integration with Fluence Collaborative Disclosure, the company now is backed with the ability to prepare and review documents in a highly collaborative and efficient manner covering the entire disclosure process.

The platform caters to the regulatory reporting requirements of ESAM/ESEF for European countries,
SEC for United States of America, HMRC for United Kingdom, CIPC for South Africa, REVENUES for Ireland.

Choose between a self-filing solution or the expert XBRL services. You may also pick a blended approach by taking the product in-house and use our services based on your requirements.

iXBRL with Fluence powered by IRIS CARBON.

IRIS CARBON® is a premier cloud-based provider offering XBRL/iXBRL solutions that helps companies, mutual funds and banks meet their needs with regulators. Built with deep XBRL experience; with over 14 years globally, IRIS CARBON® simplifies your reporting, while ensuring high quality, increased productivity and efficient collaboration across your organization.

Our integrated, certified and cloud-based solution combines the strengths of Fluence and IRIS CARBON to enable quick, accurate preparation of iXBRL files in format required By European regulators.
Thanks to the integration with Fluence Collaborative Disclosure, the company now is backed with the ability to prepare and review documents in a highly collaborative and efficient manner covering the entire disclosure process.

The platform caters to the regulatory reporting requirements of ESAM/ESEF for European countries,
SEC for United States of America, HMRC for United Kingdom, CIPC for South Africa, REVENUES for Ireland.

Choose between a self-filing solution or our expert XBRL services. You may also pick a blended approach by taking the product in-house and use our services based on your requirements.

Contact us to walk you through the below Collaborative Disclosure Management process. Feed a document and the application takes care of distribution, allowing data input, data links, review, collection and approval. At any time the document can be refreshed with the live data sources.