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Maximizing Customer Value in Streamlining ESEF iXBRL Reporting for Euclid Consulting

Euclid
Euclid Consulting is a provider of top-tier software solutions specializing in financial statement preparation, audit automation, and data analysis. Globally recognized, Euclid delivers high-quality consulting and support to businesses, groups of companies, accounting, and audit firms, with a primary focus on ensuring customer satisfaction. Euclid strategically partnered with IRIS CARBON® to expand its footprint in the iXBRL ESEF services market catering to listed companies in Greece. This collaborative effort resulted in the acquisition of new clients, further establishing Euclid Consulting as a key player in the market.

Euclid Business Requirements

Euclid, a continually evolving company in the Greek market, provides a wide range of professional services and software solutions. The company sought an opportunity for business expansion and upselling their offerings to existing customers, while also exploring avenues to acquire new customers.

Key requirements outlined by the Euclid Team were

  • Market Adaptation: Adapt to market changes with evolving requirements for ESEF Reporting & Compliance, ensuring reliability and brand recognition.
  • Quality Product Delivery: Consistently deliver high-quality products to maintain a positive reputation.
  • Reputation Management and Values Alignment: Maintain a positive reputation in Greece, align values with IRIS CARBON®, and leverage their expertise in professional services and software solutions.
  • Collaborative Compliance: Encourage effective communication and teamwork with IRIS CARBON® to meet regulatory requirements and efficient partnership benefits.

Euclid and IRIS CARBON® Strategic Partnership Success

The IRIS CARBON® team engaged in a strategic partnership with Euclid, progressing through distinct phases of development and expansion collaboratively.

  • Partner Sales Enablement: Deliver seamless training and support to the sales team, ensuring hassle-free acquisition of new business for ESEF reporting through the assistance of Partner Sales Enablement.
  • Organized Client Engagement: The IRIS CARBON® team initiated well-coordinated kick-off calls, scheduled regular calendar meetings, and organized personalized training sessions with each client.
  • Prompt and Professional Support: With a highly professional support team, IRIS CARBON® responded swiftly to client needs, ensuring a stress-free submission process.
  • Efficient Communication and Coordination: The team’s proactive approach, including organized calls and regular meetings, contributed to a streamlined and smooth submission process for clients.

Teaming up with IRIS CARBON® has truly boosted our ability to deliver a seamless experience to our clients. This partnership has been a game-changer, enhancing our services and setting a new standard for excellence in client satisfaction.

Through this collaboration with IRIS CARBON®, Euclid successfully entered the listed company’s market, gaining valuable clients. This partnership has been a crucial success factor, showcasing the effectiveness of our joint efforts in strategically expanding our presence.

Thanassis Tsiris
Manager (Euclid Consulting)

Outcomes

Partnering with IRIS CARBON® has lifted Euclid to a top-tier provider, marking a big gain in market share and cementing their role in ESEF iXBRL/xHTML report preparation.

Euclid

It is a very successful collaboration as both organizations share the same values and vision. We would love to keep this going on.

Thanassis Tsiris
Manager (Euclid Consulting)

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