Financial reporting software
We make XBRL reporting simple
A secure, cloud-based solution for XBRL compliance. Choose the desired reporting format and the degree of collaboration without compromising the quality of your final report. The ParsePort platform lets you convert, review, and validate any xHTML, XBRL, or iXBRL report using the latest taxonomies.
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 695
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 708
Minimal workflow impact
Our processes are meant to be easy and effective while minimising your workload.
- Continue using InDesign, Word and Excel
- Always room for last minute changes
- Unlimited conversions
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 695
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 708
Automatic taxonomy updating and remapping
We do the complex mapping and tagging work of your report for you!
- Access to the latest taxonomies & industry best practices
- Mapping & tagging performed by experts
- No prior XBRL knowledge is necessary
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 695
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 708
Cloud-based service
Gain flexibility and avoid tedious tasks such as installing local software, worrying about updates, or maintaining servers.
- Automatic updates
- Access 24/7
- Secured – no data is stored
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 695
Warning: Undefined array key "icon" in /www/parseportcom_248/public/wp-content/plugins/elementor/includes/widgets/icon-box.php on line 708
XBRL-certified review and consumption software
Our Inspector tool has been certified as Review and Consumption software by XBRL International.
- Generate validation reports
- Review of validation reports, fact lists, and linkbases
One platform - multiple solutions
ESEF regulatory disclosure solutions for your needs.
Publicly listed companies on EU regulated markets are required to use ESEF when filing their annual financial reports.
The format has been mandated by the ESMA as part of the Transparency Directive. This means that issuers are required to produce their annual financial report in iXBRL, which makes it both human- and machine-readable.
Convert to ESEF
Convert and inspect your financial report to iXBRL using the most recent ESEF taxonomy.
- Mapping and tagging done by experts using best practices
- Access to the latest ESEF taxonomy
- Always room for last minute changes
- No prior XBRL knowledge is necessary
Inspect your ESEF files
View and validate the technical core of your iXBRL files using all-in-one validation tool.
- Quick and easy location of errors/issues
- Compare different versions of your ESEF files
- Review validation reports, fact lists and linkbases
UKSEF compliance for your needs
UKSEF refers to the single electronic format released by the UK, which is a variant of ESEF.
The UKSEF taxonomy is an expansion of the ESEF taxonomy and is aligned with the FCA and Companies House filing requirements.
It requires main-market listed companies to tag their financial information following the UKSEF taxonomy.
Convert to UKSEF
Prepare your financial report in iXBRL using the most recent UKSEF taxonomy.
- Access to best-practice tagging done by experts
- No XBRL experience is necessary
- Unlimited conversions until the last minute
- Always up-to-date taxonomy
Inspect your UKSEF files
Review and check the technical internals of any UKSEF files quickly and easily.
- Review the technical and visual parts of your report together
- Identify and highlight errors with the push of a button
- Compare and review changes in different versions of your iXBRL files
Regulatory conformity for local GAAP reporting
Local GAAP means Generally Accepted Accounting Principles applicable.
Which in essence is a combination of accounting principles, standards, and procedures that companies must follow when compiling their financial statements in different countries.
Convert to XBRL using local GAAP
Use local GAAP standards to convert and inspect your financial information into XBRL format.
- Expert mapping and tagging utilising industry best practices
- Last-minute revisions are always possible
- No previous XBRL experience is required
- Access to a number of local GAAP taxonomies – DK GAAP, NL GAAP, IT GAAP.
Inspect XBRL files against local GAAP taxonomies
View and validate the technical parts of any XBRL files.
- Locate potential blocking errors quickly and easily
- Compare distinct XBRL file versions to spot changes
- Examine validation reports, fact lists, and link databases.
EBA XBRL solutions for your reporting needs
XBRL reporting for banking institutions, investment firms and other financial institutions operating within the EU banking market.
For institutions subject to the European Banking Authority’s laws and regulations.
Convert to XBRL using EBA CRD IV standards
- ParsePort Platform & Tagger access
- Access to the latest CRD IV taxonomy
- Instant validation and review
- ParsePort MS Excel templates
- XBRL-compliant files
- Instant validation and review
- Unlimited conversions of each report for one entity
- XBRL knowledge is not required
EIOPA XBRL solutions for your reporting needs
XBRL reporting for all insurance and reinsurance organisations, pension institutions, and other financial institutions subject to the European Banking Authority’s laws and regulations.
Convert to XBRL using EIOPA Solvency II standards
- ParsePort Platform & Tagger access
- Access to the latest Solvency II taxonomy
- Instant validation and review
- ParsePort MS Excel templates
- XBRL-compliant files
- Instant validation and review
- Unlimited conversions of each report for one entity
- XBRL knowledge is not required
xHTML solutions for your needs
When reporting financial data to local OAMs, certain EU member states mandate public companies copanies with non-consolidated financial statements to use xHTML format.
Convert to xHTML
Convert and inspect your stand-alone accounts to xHTML.
- Quick and easy process
- No workflow impact
- Always room for last minute changes
Inspect an xHTML file
Technical xHTML review and validation.
- Review of the visual appearance of the report
- xHTML validation with technical standards
Start your ESG journey with us!
Be among the first to convert your sustainability data using the ESRS taxonomy, and comply with EU sustainability rules.
Give stakeholders and investors an insight into your company’s objectives, achievements, and impact on the environment, society, and corporate governance.
Convert to iXBRL using ESRS standards
- ParsePort Platform access
- Access to the ESRS taxonomy
- xHTML reporting for same entity
- Instant XBRL validation and review
- Unlimited conversions of the current FY report
Are you interested in multiple taxonomies?
Why choose ParsePort
Our software is delivered as a cloud-based platform, where you get access to cutting-edge XBRL conversion and validation tools. We guarantee 24/7 operational support and the highest level of security, where no data is stored!
Our platform is designed to have a minimal impact on your workflow and a collaborative touch. Keep using the tools and processes you already have, and let us take care of the technical details.
Our software supports the conversion and validation of xHTML, XBRL, and iXBRL reports using ESEF, CRD IV, Solvency II, and local GAAP. Whether you need to convert, review, or audit XBRL-based reports, we’ve got the right solution for your reporting needs.
Since 2011, we have assisted over 50,000+ companies and have prepared thousands of xHTML and XBRL reports. Our customers come in different sizes from a wide variety of industries from all over Europe.
years of experience
with XBRL reporting
with XBRL reporting
0
+
customers from
all over Europe
all over Europe
0
+
XBRL experts
within ParsePort
within ParsePort
0
+
nationalities work
at ParsePort
at ParsePort
0
+
iXBRL tagging for UK HRMC
iXBRL was first introduced in the UK in 2010 by Her Majesty's Revenue & Customs (HMRC) and Companies House.
It’s now mandatory in Ireland and the UK for all businesses to use iXBRL when submitting their company tax returns, including accounts and computations with HMRC and Irish Revenue.
Accounts or computations in PDF format are no longer permitted for most companies. Please refer to the UK government’s XBRL guide for UK businesses for more information regarding rules and regulations.
After converting a financial report to an iXBRL accounts format, iXBRL tagging is the process of marking up your financial data with tags that identify the information contained within it using iXBRL tagging software. This makes financial data readable by machines and human beings, making it easier to process and analyze. iXBRL reports can be viewed by any internet browser.
The iXBRL conversion and iXBRL tagging processes can be completed either manually or with certified software such as that automates the conversion and tagging process for you. This makes it easier and faster for your organization to create fully compliant and correctly tagged financial reports.
The difference between iXBRL for HMRC and iXBRL for ESEF
The iXBRL format is required for both HMRC and ESEF reporting. However, iXBRL reporting for submission to HMRC is distinct and separate from iXBRL for ESEF.
iXBRL for HMRC
- HMRC refers to the UK GAAP taxonomy where businesses in the UK are required to submit financial statements in iXBRL format to HMRC as part of their Corporation Tax return.
- A single iXBRL-format file is required by HMRC. Custom elements are not permitted.
- iXBRL reporting to HMRC is a requirement for all businesses in the UK, from small to large.
iXBRL for UKSEF
- ESEF is a new and distinct taxonomy based on the IFRS taxonomy, which in the United Kingdom is known as UKSEF. In the UK, the Financial Conduct Authority (FCA) is responsible for adopting ESEF and establishing any UK-specific regulations. The FCA has collaborated with Companies House and HMRC to develop an UKSEF taxonomy that enables the filing of ESEF-tagged accounts to the FCA’s national storage mechanism.
- ESEF requires the tagging of financial information such as the Income Statement, Balance Sheet, Cashflow statement and Statement of Changes in Equity (SOCIE), including (foot)notes. Custom elements are permitted in an ESEF report and must be anchored to existing elements in the taxonomy.
- ESEF solely applies to main-market listed companies in UK and requires them to prepare and submit their annual financial statements digitally in xHTML format, and tagged with machine-readable data (iXBRL). Non-consolidated statements must be presented in xHTML, and consolidated financial statements must be tagged using iXBRL.
Moving from ESEF to UKSEF
What is UKSEF?
UKSEF refers to the single electronic format released by the UK, which is a variant of ESEF. The UKSEF taxonomy is an expansion of the ESEF taxonomy and is aligned with the FCA and Companies House filing requirements. UKSEF filings, in comparison to the standard ESEF requirements, must include the following:
- Full Streamlined Energy and Carbon Reporting (SECR) disclosures
- Company registration number and expiration date
Moving to or adopting UKSEF should be a simple process for public companies listed in the United Kingdom. In addition to the above-listed additional requirements of UK regulators, the UKSEF taxonomy encompasses everything from the ESEF taxonomy.
When does UK ESEF apply?
The FCA in the United Kingdom has delayed the enforcement year for businesses to submit their Annual Financial Reports in ESEF. The new enforcement date was January 1, 2021.
This delay gives businesses more time to prepare for ESEF reporting (UKSEF reporting) and to become compliant with the new requirements.
Ready to see how simple UKSEF reporting can be?
Schedule a free UKSEF demo with one of our local experts to see how simple financial reporting can be.
Trusted by listed companies, auditors and design agencies all over Europe
The AMSC group companies have used ParsePort’s services for several annual reports over the last 2 years. Their updated tagging files based on new regulations, attention to detail and exceptional customer service have enabled us to maintain compliance and efficiently handle the year-end reporting needs.
ParsePort gave us very professional guidance regarding the implementation of the ESEF Regulation, which included ESEF tagging of our 2022 Annual Report in XHTML format and iXBRL tagging of our Consolidated Financial Statements. ParsePort securely supported us all the way through the testing phase. We were always confident that we were in compliance with the ESEF Regulation up until the publication of the final annual report on Nasdaq Copenhagen.
ParsePort turned the complexity of the ESEF requirements into a simple process; we could count on an easy-to-use tool combined with a professional and always-available Support Team, characterized by strong competence and able to ensure useful and accurate feedback in a short time.
ParsePort's ESEF Reporting solution with iXBRL tagging technology gives the user an easy-to-use platform to quickly convert their Financial Report into an xHTML file. The process is user-friendly since it includes familiar tools (Excel, Word, PDF) and provides confidence and security that the conversion of the files will be successfully completed. The level of service is excellent. Communication begins before the end of the administrative year with informational emails on new requirements, training, and the preparation of files for each company.
ParsePort continuously helps to solve our challenges related to ESEF reporting. This includes a joint review of the validation report and various questions, as well as quick responses to all inquiries, which has been a great help and has contributed to the fact that we have always felt that we and our ESEF reporting are in safe hands. The good thing about ParsePort's ESEF solution is that you decide for yourself how much you want to be involved in the practical and technical work, and if you are involved yourself, the support department is always ready to help should challenges or questions arise.
One of the main advantages of ParsePort's ESEF solution is the speed of the platform's response to showcase if everything is correct or if we have errors to address, combined with its ease of use. Our overall experience has been completely positive at every stage of our work with ParsePort, whether it involves issues of explaining how to use the application or issues of support during the process of configuring and submitting the required files. The ParsePort team stood by us every step of the way, from the simplest detail to the most serious issue that needed to be addressed.
What we’ve found to be the most helpful aspect of ParsePort’s Customer Support is the opportunity to have a dedicated contact person within the organization who can respond to your problems very quickly, which provides great confidence. For me it’s one word “Bernie”. You were my solid support during this process. The ever-present support ensured that the process could be followed up step by step with a successful conversion to XBRL.
Providing us with incredibly quick, flexible support and service in order to help us succeed with this new project, we have been more than happy with our decision to go with ParsePort as our ESEF partner since day 1.
The solution proposed by ParsePort met the regulatory requirements and proved to be adaptable to the customers needs in the search for the best result. ParsePort proved to be a reliable, helpful, proactive consultant at every step of the process. Our reference, Alessio, has always proved himself to be prepared, attentive, ready for discussion and proactive. He followed us up to the last step of the process, making himself available to solve technical and operational problems.
During the reporting process, the availability and the immediate help on request were very much appreciated. Our company only has 3 employees, of whom only one is involved in ESEF matters. Hence, we run against time limits. Then it is very much appreciated to know who could be of any help within an extremely short timeline. Last year, the process of block tagging needed additional explanation, which was very well explained by Ninci. This really helped us achieve reporting within a limited time frame.
Ann FaseurShareholders Affairs Manager at Solvac
I found the high level of service in time-critical moments very valuable, both how they educated me and always being available for questions. Our favorite feature of ParsePort’s ESEF solution is the validation report, which shows you directly what needs to be corrected.
ParsePort’s Inspector provides ESEF solution functionality closest to human logic and is very easy to understand and use. Our experience with ParsePort has been trouble-free throughout, a total peace of mind with minimal failure risk. Lia, our Product Success Manager, has been a major contributor to this successful journey with her impeccable approach and readiness to assist effectively on the spot when needed.
In 2021, K-Fastigheter’s intention was to outsource essential parts of the tagging process of the Annual Report to free resources in the overall Annual report process. In ParsePort’s ESEF solution, K-Fastigheter found a user-friendly and intuitive solution that solved the issue. Furthermore, the support we have gotten from ParsePort’s Support Team both during the implementation and on-going has been excellent.
Previous
Next
Selected ParsePort customers
Contact us
Talk to sales
If you want to learn more about our XBRL software and solutions, talk to Sales to discuss your reporting needs and find the ParsePort solution that’s right for you.
Contact support
If you need any client & product support, you can reach out to us by opening a ticket below. We’ll get back to you as soon as possible. You can also reach out to us on +45 53 53 00 10 during Danish office hours on weekdays from 08:30 – 16:30. Outside office hours, support is available for an hourly fee. Operational support is available 24/7 for any platform-related issues.