In a rapidly evolving digital economy where businesses continue to grow in complexity, the need to move away from manually entering and managing data becomes ever more important.
Manual data entry is a norm with most growing businesses as it is an easy solution to complete processes. However, as time goes on, this practice becomes less scalable and less cost-effective. This is often an area where significant costs can be saved by automation.
E-XBRL, a MBRS-compliant solution which offers major advantages at all stages of business reporting and analysis.
The benefits are seen in automation, security, cost saving, faster, more reliable, and more accurate handling of data, improved analysis and better quality of information and decision-making.