Financial Reporting software solution

Financial Reporting software solution

The adoption of XBRL® is gaining momentum on a global basis and it is currently used in more than 50 countries worldwide. In South Africa, the Companies and Intellectual Property Commission of South Africa (CIPC) has mandated the use of XBRL® from 01 July 2018 for the submission of AFS’s by all public organisations; qualifying private organisations (which previously submitted AFS’s in PDF format); state-owned organisations; non-profit entities and qualifying Close Corporations.

 

As the leading and trusted reseller of software solutions in Africa, we invest in software that provides a complete solution for companies.

We know the submission of Annual Financial Statements (AFS) is a hassle for companies, especially the burden of multiple submissions to different regulators. That’s why Omni Africa offers you a capable and affordable end-to-end software solution with eXtensible Business Reporting Language (XBRL®). The IRIS Carbon solution will not only digitise your financial reporting, but will also improve the quality, transparency and flexibility of your internal and external reports.

Transform your financial reporting with Omni Africa. Interested in finding out more? Get in touch with us today.