Benefits for Tagging

Whether you need to block or detail tag your 10-Qs and 10-Ks or tag your mutual fund Risk/Return or summary prospectus, Rivet’s Crossfire Financial Reporting Platform is the right solution. Crossfire is a collaborative tagging solution that shields accountants from the complexity of XBRL. Many SEC filers are concerned about the time and effort required to prepare XBRL filings for both block and detail tagging. Crossfire includes tagging, analytic, and reporting features that will benefit users throughout your organization including:

• Help Me Tag™ and tag optimization to drastically reduce the time it takes to detail tag your notes and disclosures.
• Validation ensures that your document complies with the EDGAR filing rules.
• Multi-user collaboration lets multiple users work on your filing simultaneously.
• Task-based workflow guides companies and auditors through a comprehensive, yet easy to understand process.
• Powerful search engine includes industry statistics of element usage to assist you in quickly selecting the most appropriate tagging element.
• Change tracking and versioning provides a permanent record of all changes to your filing documents for full audit control.
• Familiar Excel® environment within Crossfire allows you to drag and drop line items directly onto your financial statements, notes and disclosures.
• Templates retain data for future use, so your ongoing filing effort is minimized.

Benefits for Analysis and Reporting

The Crossfire Financial Reporting Platform also includes a robust and sophisticated web-delivered, analytical application that supports the aggregation and analysis of information from Interactive Data (XBRL) filings, ERP systems, data warehouses, and traditional financial data feeds, such as Thomson Reuters. Its remarkable support for XBRL allows users to easily aggregate and analyze data from multiple XBRL sources such as the SEC (Corporate Financials and Mutual Fund Risk/Return data), FDIC Bank Call data, and international sources such as the Japanese, German, and Shanghai stock exchanges. Crossfire can also incorporate transactional information directly from your GL, CPM, ERP, or other operational system inside your company to fully automate your financial reporting. Crossfire Financial Reporting Platform is a customizable and scalable solution that can accommodate even the largest of organizations. Analytical features include:

• Peer to peer benchmarking helps accountants and other business users gather data from around the globe and provide comparisons to similar companies with just a few clicks.
• Rivet’s Crossfire Controller and CFO packages allow users to easily gather, merge, and analyze data from multiple XBRL sources such as the SEC, FDIC, and your own GL, CPM, or ERP system.
• Generate your own key performance indicators (KPI’s), or use those included in Crossfire, or create reports that compare your company to your peers in seconds using our powerful benchmarking tool.
• Financial users are in complete control of data aggregation which means your IT department doesn’t need to get involved.

Transparency, comparability, consistency and easy access to data all add up to a friendly environment for all business users.

Next: View Rivet's Crossfire Financial Reporting Platform Offerings