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Tag: Rivet Software

Rivet Software Releases Dragon View 6.0

Rivet Software, the provider of XBRL financial reporting and analytics solutions, announced the release of Dragon View 6.0. Dragon View 6.0 empowers business users to review and verify XBRL information. Dragon View 6.0 supports all review procedures within SOP09-1, the AICPA’s Agreed-Upon Procedures for XBRL. Dragon View 6.0 gives both public companies and auditors the ability to conduct quality and assurance checks of XBRL data and create the necessary external review and verification documentation. The SEC released a Staff Observations report on June 15, 2011 detailing common issues found in XBRL filings. Dragon View 6.0 gives business users a way to automate the review of these issues and improve accuracy and consistency across the entire filing. Dragon View 6.0 is now available in two packaging options. For companies with an existing XBRL creation tool, Dragon View can be purchased as a stand-alone review and verification solution. Rivet Software’s full auditing package includes Dragon View and CoreFiling’s Magnify, the world’s leading independent XBRL validation tool. http://www.rivetsoftware.com/

Rivet Software Launches Crossfire 3.0 for Financial Communications

Rivet Software, the premier provider of standards-based business reporting and analytics, announced the release of Crossfire 3.0, an enhanced software platform that simplifies the process of SEC financial filings by managing the complicated preparation and review processes. Crossfire uses eXtensible Business Reporting Language (XBRL) technology to control document progression and centralize reviewers’ comments. Crossfire 3.0 is a standards-based reporting platform that specializes in internal and external financial reporting and analytics. Based on an XBRL framework, Crossfire 3.0 simplifies the user experience by eliminating the file management issue. Rivet’s integrated solution allows its customers to control the financial reporting cycle and comply with all SEC filing needs. Crossfire 3.0 includes an integrated Reviewer’s Guide that allows preparers and reviewers to closely collaborate across multiple iterations as the filing progresses from inception to completion. With this guide, users no longer need to interact with standalone documents to review XBRL tag selections and comment information. This “single document” system streamlines the process for reviewing and approving filings in a way not previously available. Crossfire 3.0 now preserves existing tags and comments when rolling forward from one filing to the next. When new data matches an XBRL tag from the previous quarter, Crossfire recognizes the match and automatically applies the tag throughout the document. The latest release of Crossfire allows users to change XBRL-tagged data in one location and instantly apply that change to exact-matched data throughout the entire document. Crossfire 3.0 includes the ability to split the XBRL templates so a filing can be worked on by different people in parallel. Once the separate pieces are complete, a user can simply merge them back into the master file. Crossfire 3.0 is supported by Rivet’s global professional services team 24 hours a day, seven days a week. www.rivetsoftware.com