Simplify And Streamline Reporting for Greater Efficiencies


What is E-XBRL


Electronic eXtensible Business Reporting Language (E-XBRL) is a MBRS-compliant solution which is an all-inclusive solution eliminates the need for manual data entry or installation of additional software.

It enhances the integrity and reliability of data, speeds up the financial reporting process, improve the efficiency,
accuracy and transparency of reporting and information exchange, and eases the burden of regulatory compliance.

E-XBRL is a MBRS-compliant solution powered by SophiaTX

How E-XBRL Works


E-XBRL enables producers and consumers of financial data to switch resources away from costly manual processes, typically involving time-consuming comparison, assembly and re-entry of data.


Financial report

Download and fill in the E-XBRL master template, which is also a complete audit report/financial statement that meets MBRS requirements.

E-XBRL

Upload and submit completed E-XBRL master template

SSM MBRS

Download the XBRL file for MBRS submission

Benefits


E-XBRL enables producers and consumers of financial data to switch resources away from costly manual processes, typically involving time-consuming comparison, assembly and re-entry of data.

Automated

E-XBRL simplifies management reporting and provides accurate reporting solution for a wide range of standards and requirements. It streamlines processes to help businesses save on time and effort, giving users the flexibility to focus on other business areas.

MBRS Compliant

E-XBRL uses a standard framework that is compatible with the SSM standards and requirements. This reduces the administrative burden on businesses when reporting financial information to SSM for regulatory compliance.

Cost and Time Saving

Addresses limitation of time-consuming and costly business reporting. It eliminates the need of manual entry from complex documents and optimises business reporting workflows. especially for companies who are restricted by workforce and handling a large volume of documents.

Easy to Use

E-XBRL standardises data at the point of data capture. When data is standardised, disclosure management applications can be used to pull information from different data sources and write automated reports. Such standardisation not only saves companies time and resources, but it also reduces errors in data because there is less manual intervention.

Secure

Allows organizations to store data without loss of privacy. Data is encrypted to eliminate the risk of private information being stolen or compromised, ensuring only authorised users have access to data. It also provides the freedom of choice in saving the data.


Making Effortless, Hassle-Free Reporting A Reality