Alphatag

Statutory Accounts Tagging
 

Alphatag is an intelligent system that will assist finance and tax departments in managing their iXBRL needs.

This application is designed to provide organisations with complete control over the preparation and management of creating iXBRL document files from their organisations' statutory accounts. The simplicity of our application combined with the user friendly interface allows users to be up and running quickly and efficiently.

A fully integrated intelligent data dictionary brings high levels of control and reduces risk in tagging statutory account figures. The system incorporates automated tagging for both the UK GAAP and the IFRS taxonomy.

The software learns from previous tag allocations and saves this knowledge into an internal data dictionary for future tagging in later periods or other company accounts.

Key features of the software include:

  • Convert statutory accounts documents (Word & Excel) into iXBRL format
  • Automatically tags most of the statutory account figures
  • Compliant with the UK GAAP and IFRS taxonomies
  • User may adopt manual tagging or override automatically assigned tags
  • Intelligent data dictionary memory tagging

Summary

Alphatag streamlines the process of creating an iXBRL file in a seamless and cost effective way. Due for release in Summer 2010, the product will allow organisations to be fully prepared in advance of the forthcoming deadlines for mandatory online filing with iXBRL.

The way forward

For more information or to book a presentation, please contact us and ask to speak to a member of our new business team.