Unique technical solutions that automate time-consuming tasks and reduces the risk of errors.
Below are some of the most frequently asked questions about our service.
Please contact us for a demo.
Your customer success manager will help you get started and will support you during the process. Your team members are trained according to their role in the project. We also help you adapt and upload your first document template. If you wish we can also help to add content.
You may also choose to co-operate with one of Xplir’s Partner agencies or your PR or accounting agency.
We train your system users based on their respective role in the project. We also have support staff available by email and phone and provide support materials. During reporting periods, we offer extended support.
It will be similar to previous teams working with the annual report. You will need the same expert roles and a project manager who leads the work. The process support will facilitate, and free up time previously spent on coordination, follow-up, proof reading and changes. Thanks to set permissions and activity log, you can invite reviewers directly into the service and decide which parts they should have access to and when.
Like when publishing on a website, our templates have ready-made formats. These are designed to be displayed as pages in a document. We offer template collections that can be easily adapted to your brand identity. Should you want to make major adjustments or your own templates, we are happy to help. The templates are defined with CSS code, i.e. the same technology as for websites.
The templates are flexible, they can be completely adapted to company design and brand identity. If you wish, your house designer can help you. Once the design is decided, a web agency will translate it into CSS code, i.e. with the same technology as on a web site. Xplir is happy to assist or if you prefer can recommend suppliers among our partners.
Xplir’s templates are designed to support users without design knowledge. They are flexible when designed for you, but once they are set, they are relatively fixed. Any user with computer skills from, for example, word or google docs will do excellently.
Of course, their consultants are granted permissions as authorized users in Xplir Reporting Pilot. When everybody works on the same platform, you will gain process support, better overview and may review changes and comments more efficiently.
Of course, invite them to the team to upload financial data directly to the Xplir database from Excel. Any changes will also be handled in the database and are automatically updated to the document.
Of course, just use the feature that allows groups to access the document for a certain period of time. The activity log records any changes made during the audit. After approval, the report is locked for editing.
European Single Electronic Format (ESEF) is a new reporting standard, i.e. a uniform electronic reporting format that is introduced in the EU, the UK, Norway and Switzerland. Reporting in accordance with ESEF is a regulatory requirement for listed companies’ annual and consolidated accounts for fiscal years beginning on or after 1 January 2021. ESEF enables machine readable reports and facilitates comparison.
The technical format for ESEF is XHTML (Extensible HyperText Markup Language). Companies must also mark up parts of the report according to a certain taxonomy.
Our system takes advantage of ESEF being a web format. That allows us to offer a fully integrated process in co-operation with a reputable provider of financial reporting solutions in XBRL and iXBRL formats. Validation and printing is carried out from the system without any intermediate steps or conversion. The mapping is saved in our database for reuse next year.
The issuer, i,e. the listed company, is responsible for sending the annual report to the financial supervisory authority. The files must be compressed and attached to a press release informing that the annual report has been published.
No not yet. In March 2021, the Swedish Companies Registration Office proposed mandatory digital submission of annual reports. However, this has not yet been introduced for companies reporting in accordance with IFRS, so-called category4 companies. The company is responsible for sending the report to the Swedish Companies Registration Office like before.
Absolutely. Our authorization model and activity log can secure your handling of insider information. Please contact us for demo and discussion on how we can help.
Unique technical solutions that automate time-consuming tasks
and reduces the risk of errors. Contact Xplir to request a demo and for more information!