BixFin, an electronic filing solution, is an enabler for businesses to prepare financial statements for annual submission to government and regulatory authorities. BixFin leverages on XBRL, eXtensible Business Reporting Language, a globally recognized business reporting language based on open standards that allows financial reports to be filed using interactive data, saving time, money and transforming the exchange of financial information.
Key Benefits
- Standard based financial reporting
- Uniformity in financial reporting
- Easier financial reporting and filing for the business entities
- Easier and accurate analysis of financial information by reducing the risks of human error and data imprecision
- Easier dissemination of financial information to public, government and international agencies
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