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Thomson Reuters brings enhanced workflow capabilities to disclosures for SEC filings

Thomson Reuters, a leading source of intelligent information for businesses and professionals, today announced further strategic enhancements to its Accelus Disclosure Solutions PROFILE software, a next generation workflow solution that enables publicly-held organizations to more accurately prepare, update and deliver their financial disclosures to the U.S. Securities and Exchange Commission (SEC).

Accelus Disclosure Solutions PROFILE provides enhanced functionality offering a flexible working environment that can be fully embedded into the firm's workflow and substantially reduces the time and effort required by firms to generate accurate filings with the SEC. The software enhances, rather than replaces, the firm's existing word processing and spreadsheet collaboration practices. The software is supported with best practice XBRL consulting and filing services with an expert team of qualified CPAs and accountants to assist organizations with the process of accurately preparing and filing their disclosures.

It also simplifies the in-house management of financial disclosures by allowing data from previous filing periods to be rolled forward from filing period to filing period. This eliminates the need to re-do work already completed for previous XBRL filings and automates the update of dynamic "current period" contexts from filing to filing. Through greater compatibility with Microsoft Word and Excel, documents can easily be imported into, and exported from, Accelus Disclosure Solutions PROFILE while preserving linked placeholders to XBRL and non-XBRL source values throughout multiple document revision cycles. This allows organizations to manage their filing process using workflows and applications that they are already familiar with rather than adopting new ones.

Thomson Reuters Accelus dynamically connects business transactions, strategy and operations to the ever-changing regulatory environment, enabling firms to manage business risk. A comprehensive platform supported by a range of applications and trusted regulatory and risk intelligence data, Accelus brings together market-leading solutions for governance, risk and compliance management, global regulatory intelligence, financial crime, anti-bribery and corruption, enhanced due diligence, training and e-learning, and board of director and disclosure services.

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