Software Firms

The majority of accounting, consolidation and reporting systems need to add XBRL capabilities into their offerings as digital XBRL mandates come into effect around the world. Is your firm faced with this challenge? Do you need help defining your product scope? Does your team need education or guidance on how to do it well? XBRL can be a challenge for some software firms, already busy dealing with changes to accounting, tax or regulation regimes. Perhaps you’d like help defining how XBRL can fit into and enhance your product roadmap, or even need assistance boosting your product management capacity. Digital Reporting Strategies offers unique insights.

Many software shops have implemented XBRL in ways that make it difficult and time consuming to deal with changes. Not making use of XBRL taxonomies or failing to properly validate XBRL documents can quickly lead to trouble. Work with us to plan out how best to incorporate XBRL and similar semantic reporting capabilities into your software, taking into account industry best practice. Create a competitive advantage.

We can help with:

  • Market assessment and environmental scans to support your planning and go-to-market strategy.
  • Intensive innovation workshops to help your team bring their ideas to fruition and to learn to think about the big picture in your marketplace.
  • Product design and feature definition.
  • Customer Development projects to accurately determine customer pain points, the relative desirability of potential features and to help create demand for your new products.
  • Review and enhancement recommendations for your reporting and analytics features.
  • Channel assessment and negotiation, to help ensure that you have viable and growing distribution mechanisms.

Whatever your needs are in this area, we can be of assistance. Contact us for more information.

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