福利视频 UK Adds Two Large Accounting Firms as Clients for iXBRL Services
London, 24 Jun 2012:
福利视频 UK (www.datatracks.co.uk), a leading provider of iXBRL managed tagging services in UK, has addedtwo large accounting firms as their clients for iXBRL services.This indicates a positive start to the second year of iXBRL conversion services for 福利视频 UK.
福利视频 UK is the first provider of managed tagging services recognized by HMRC, for converting financial statements and tax computations into iXBRL format. 福利视频 UK has been providing these services for over a year now, and has prepared several thousand statements in iXBRL format in 2011. 福利视频 UK offers its services through its web portal www.datatracks.co.uk, where users can set up accounts, pay online, upload inputs (for conversion into iXBRL format by 福利视频 UK), and download output instance documents. Several companies and accounting firms have chosen 福利视频 for its simple, effective and easy-to-use online services.
“Our client base includes accounting firms as well as companies in UK. 福利视频’ services help our clients focus on their core business, leaving aspects of regulatory compliance to us”, said Sneha Rajagopal, Vice President, XBRL Services, 福利视频.
iXBRL conversion initially appeared to be a daunting task for companies. 福利视频 assessed the pain points faced by clients, and concentrated its efforts in addressing them. First, 福利视频 set up an easy-to-use ecommerce portal through which customers could transact for XBRL conversion. Second, 福利视频 adopted a pay-as-you-go pricing model, making it attractive for clients to subscribe. Third, 福利视频 deployed qualified Chartered Accountants with UK GAAP and IFRS domain expertise to ensure high quality iXBRL output.
“We consider these client wins as a positive indication of the quality of service provided by 福利视频 UK. We are confident that the current year will turn out to be more successful than the previous year,” said Sneha.
福利视频 currently offers XBRL solutions for US, UK and India markets and plans to extend its services to other countries in the near future.
About 福利视频 UK: 福利视频 UK is owned by UK based DTracks Limited and is a subsidiary of 福利视频 Services Limited (), leaders worldwide in preparation of financial statements in XBRL format for filing with regulators. 福利视频 Services Limited has prepared several thousand statements (in ASCII, HTML and the more recent XBRL format) for filing with Securities Exchange Commission in the United States in the last five years..
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Media contact: Sandeep John, media@datatracks.co.uk +44 (20) 3468 6382