AMSTERDAM and LONDON, March 26, 2024 /PRNewswire/ — DataTracks, a leader in financial reporting and regulatory compliance software solutions, is excited to announce its latest platform upgrade, DataTracks Rainbow ESEF, which has the potential to redefine ESEF annual report reporting in XHTML format by considering PDF as input. This major feature-rich update focuses on minimal processing time in transferring XBRL tags from one period to another and handling post-draft editing, improving the overall user experience while maintaining the ‘shiny’ element of PDF input.
DataTrack_Rainbow
Highlights of the DataTracks Rainbow ESEF update:
- Upgrade your annual report format: from PDF to interactive, accessible XHTML
The leading task in this update is the revolutionary introduction of table structuring for annual reports from PDF input. This innovative feature allows users to select specific content and apply the table structure with just one click.
- Customizable reading order improves document accessibility
Recognizing the critical role of document accessibility and the need for inline XBRL (or iXBRL) validation compliance, Rainbow ESEF now offers the ability to effortlessly sort the reading order of PDF content.
- Simplified page switching for optimal efficiency during last-minute changes
This update introduces a new page swap feature that responds to the demand for last-minute document editing capabilities. Users will now be able to replace, add or remove pages in an existing version of a document with the new update in Rainbow, bypassing the need to review documents from the ground up and thereby saving significant time.
A commitment to excellence
Pramod Vittalsenior vice president of product design at DataTracks, shares his enthusiasm: “Rainbow ESEF’s latest update underscores our unwavering commitment to providing superior regulatory compliance solutions that prioritize user needs. We recognize the time, effort and audit requirements listed companies face when preparing compliance reports. Our innovative features directly address these challenges, setting a new standard for efficiency while maintaining our ability to faithfully replicate intricate designs from PDF input.”
Where to find these innovations
These exciting new features are now available to all DataTracks Rainbow ESEF users. Existing users can dive into these updates through their current login to the platform. In contrast, we encourage potential customers to discover the benefits of Rainbow ESEF by contacting our sales team.
About Rainbow ESEF
As a premier provider of tailor-made compliance reporting software solutions, Rainbow ESEF is dedicated to pioneering innovation, improving user experience and achieving compliance excellence. Serving a global clientele, Rainbow ESEF empowers companies worldwide to meet their regulatory obligations with unmatched efficiency and accuracy.
About DataTracks
DataTracks has been successfully providing compliance reporting products and services to companies around the world for 19 years. DataTracks experts help companies convert their financial statements into XBRL, iXBRL, HTML, XHTML and XML formats. They also offer various other regulatory solutions such as AIFMD, FATCA, Solvency II, CRD IV and MiFID II to help EU listed companies meet compliance requirements with regulators such as ESMA, EIOPA, EBA etc.
Professionals in the company know ESEF and UKSEF taxonomies well. With experience in preparing more than 400,000 compliance reports for more than 28,000 clients in 26 countries, DataTracks is the ideal partner for error-free ESEF reporting. And it offers similar services for filing with regulators like the SEC in United StatesHMRC in United KingdomRevenues of Ireland in the IrelandCIPC in South AfricaACRA in SingaporeSSM in Malaysiaand MCA in India.
For more information, visit https://www.datatracks.com/eu/.
For business inquiries:
E-mail: [email protected]
Phone: +31202253702
Media contact: [email protected]
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