FERC XBRL Reporting
with IRIS CARBON®
FERC XBRL reporting can be complex and time-consuming for energy companies. However, with IRIS CARBON®, the process becomes streamlined, efficient, and stress-free. Our platform simplifies FERC XBRL reporting and compliance by providing a user-friendly interface that guides you through each step of the process. With our automated mapping process and embedded XBRL tags, you can bring in current-year values and textual data without worrying about manual tagging. Our platform also runs basic checks and other validations to ensure your report is accurate and compliant. Overall, IRIS CARBON® simplifies FERC XBRL reporting and compliance, saving time and effort and reducing errors and inconsistencies.
Here's how IRIS CARBON® simplifies FERC reporting and compliance:
Step 1
Onboarding
Setting up user access and bringing in the required users is the first step toward FERC reporting. IRIS CARBON® simplifies this process by providing an intuitive onboarding interface that easily guides users through the setup process. You can add or remove users anytime and control their access to various document sections.
Step 2
Roll Forwards
Fetching values from the previous year or quarter is a tedious task that can be time-consuming. IRIS CARBON® simplifies this step by automating the roll-forward process, making it faster and more efficient.
Step 3
MS Excel & Word Upload
IRIS CARBON® automates the mapping process, enabling you to easily bring in current year values and textual data from Microsoft Excel and Word files. This saves you valuable time and effort while ensuring accuracy in your data.
Step 4
Step 5
Submission
After completing the validation process, IRIS CARBON® enables you to test and live-submit your document to the regulator (FERC). With a few clicks, you can submit your FERC report with complete confidence that it is accurate and compliant.
IRIS CARBON® streamlines the FERC reporting and compliance process by simplifying the onboarding process, automating the roll-forward, MS Excel & Word upload, and validation processes, and enabling you to submit your document to the regulator (FERC) with ease.
Get started with IRIS CARBON® today and simplify your FERC reporting process!
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