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IRIS CARBON® Reviews & Product Details - Page 2

IRIS CARBON® Overview

What is IRIS CARBON®?

IRIS CARBON® is a collaborative platform that helps users prepare, review, and finalize reports by leveraging Microsoft Word and Excel integration with IRIS CARBON® as well as meet the XBRL/iXBRL reporting requirements. IRIS CARBON® is used for the regulatory reporting requirements of over 6000 companies and is being used for regulatory reporting requirements in the following countries: USA : Securities and Exchange Commission XBRL reporting since 2009 and iXBRL reporting since 2017; Federal Energy Regulatory Commission XBRL reporting since 2021 UK : Her Majesty's Revenue and Custom, iXBRL reporting since 2011-12 India : Ministry of Corporate Affairs, XBRL reporting since 2011 Ireland : Commissioners of Revenue iXBRL reporting since 2012-13 Italy: InfoCamere XBRL reporting since 2014-15 Europe : European Securities Markets Authority (ESMA)-ESEF iXBRL reporting since 2019 South Africa : Companies and Intellectual Property Commission's iXBRL reporting since 2018 IRIS CARBON® is a SOC-certified, intuitive, and feature-rich SaaS platform that collates data from multiple source systems so teams can efficiently combine data and narrative to generate financial and regulatory compliance reports. IRIS CARBON®, as a product, was launched in 2014 and is being used by several thousands of customers globally. With our deep hands-on expertise in XBRL and iXBRL around the globe, IRIS has been consistently topping the XBRL quality charts published by several independent quality evaluators, with our strong technology and XBRL expertise.

IRIS CARBON® Details
Languages Supported
Bulgarian, Czech, Danish, German, Greek, English, Estonian, Finnish, French, Irish, Hindi, Croatian, Hungarian, Italian, Latvian, Lithuanian, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish, Swedish, Maltese
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Product Description

IRIS Business Services Limited is one of the first providers of full professional XBRL products and solutions to organizations globally. For the last 15 years, IRIS has been very closely involved in the XBRL space, in taxonomy creation, software solutions and in the conversion of structured and unstructured data into XBRL for regulatory filing across the globe. IRIS is India's only listed SaaS company in the RegTech space. Our product, IRIS CARBON® is an XII certified cloud-based SaaS platform to prepare any regulatory compliance reports. The platform is leveraged by close to 3000 companies for regulatory reporting requirements in the following countries. USA : Securities and Exchange Commission XBRL reporting since 2009 and iXBRL reporting since 2017; Federal Energy Regulatory Commission XBRL reporting since 2021. UK : Her Majesty's Revenue and Custom, iXBRL reporting since 2011-12 India : Ministry of Corporate Affairs, XBRL reporting since 2011 Ireland : Commissioners of Revenue iXBRL reporting since 2012-13 Europe : Italian InfoCamere XBRL reporting since 2015 and ESMA-ESEF iXBRL reporting since 2017 South Africa : Companies and Intellectual Property Commission's iXBRL reporting since 2018


Seller Details
Year Founded
2005
HQ Location
Mumbai, IN
Twitter
@iris_carbon
92 Twitter followers
LinkedIn® Page
www.linkedin.com
Description

IRIS Business Services is a global Regulatory Technology (RegTech) company with a mission to enable data-driven decision-making by leveraging digital standards. As India's only listed SaaS company in the RegTech space, IRIS creates cutting-edge compliance solutions for issuers/enterprises, regulators, governments, institutional customers, etc. IRIS is an ISO 27001:2013 certified organization. The organization's expertise in the XBRL space has been built over 20 years with customers spread across 50+ countries. IRIS’ Disclosure Management solution - IRIS CARBON® is a feature-rich Office 365-based solution that helps companies author reports, along with high-quality digital reporting in XBRL and iXBRL. IRIS CARBON® is leveraged by close to 6,000 companies for compliance reporting with regulators around the world, including the US SEC, US FERC, ESEF-ESMA, UK FCA and HMRC, Irish Revenue, and South Africa’s CIPC.


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Overview Provided by:

Recent IRIS CARBON® Reviews

AB
Alex B.Mid-Market (51-1000 emp.)
4.5 out of 5
"Professionalism and efficiency in meeting customer requests"
I'm fully satisfied with the work done by the provider, I found a valid team that solved in the best possible way and promptly all the requests we ...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Dependable system to meet compliance requirements and supportive team"
The team's support to ensure timely delivery
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Excellent Customer Service and Support Team! Great business partner."
1) Support and customer service 2) Having an extension of my SEC team 3) 247 Availability 4) Ease of use 5) Customer success and engagement
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
15 people requested security information

IRIS CARBON® Media

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92 out of 93 Total Reviews for IRIS CARBON®

4.8 out of 5
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IRIS CARBON® Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for IRIS CARBON®Question

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about IRIS CARBON®?

Really good services, great customer support Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

N/A - nothing to mention here, everything was great Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

Preparing annual report in xHTML format Review collected by and hosted on G2.com.

Verified User in Construction
UC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about IRIS CARBON®?

Customer support; problem solving; follow updates of regulation Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

Tool maybe to optimize - some issues with upload pdf Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

fully outsourcing of ESEF requirements Review collected by and hosted on G2.com.

JC
Manager, Gas Accounting
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

We were required to file our annual FERC filing in the new XBRL format back in 2022 on a very short timeframe. We struggled to find someone who could help us adhere to these reporting requirements, especially as our company only is required to report a very small portion of the larger filing. The team at IRIS Carbon went above and beyond to assist us in implementing the software quickly. Any time had issues getting the file submitted, they immediately offered help. They were also extremely helpful in training our team to use the software. We could not properly complete our required reporting if it were not for IRIS Carbon. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

No issues noted. We are required to complete FERC reporting, and through IRIS Carbon is the easiest way to do so. Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

It allows us to create our FERC reports in XBRL formatting as required without taking the time and resources of our IT Team Review collected by and hosted on G2.com.

Verified User in Accounting
CA
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about IRIS CARBON®?

The cloud platform has many features to assist during ESEF reporting, is user friendly, it has inline iXBRL Viewer, predefined reports, summary snapshot and calculation checks. The team is hard-working, professional, and always eager to help.. Always resolving any issues promptly so that the deadlines are met on time. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

I couldn't find any downsides on using this tool. I am extremely satisfied with the tool Review collected by and hosted on G2.com.

Recommendations to others considering IRIS CARBON®:

Totally recommended! Both the cloud platform and the team are professional and reliable. Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

Tag annual reports based on ESMA - ESEF requirement. Tagging the annual reports based on this mandate is mandatory in EU for listed entities and the IRIS Carbon provides a simple solution to this. Review collected by and hosted on G2.com.

Verified User in Retail
UR
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

Time Savings: The streamlined process offered by IRIS Carbon significantly reduces the time spent on tagging our annual accounts. What used to be a labor-intensive task now takes a fraction of the time. This efficiency allows our team to focus on other critical aspects of financial reporting.

Cost-Effective Solution: IRIS Carbon’s pricing model is competitive, especially when compared to alternative solutions. By choosing IRIS Carbon, we’ve experienced lower expenses without compromising on quality. It’s a win-win situation for our budget and reporting requirements.

Professional Support Team: The experts and support team at IRIS Carbon are top-notch. They respond promptly and provide effective solutions to our queries. Their knowledge and professionalism have made our experience stress-free.

Intuitive Platform: IRIS Carbon’s platform is user-friendly and straightforward. It simplifies the ESEF tagging process, making compliance easier for us.

Accurate Results: We’ve been using IRIS Carbon for the past two years, and the results have been consistently accurate. We encountered minimal errors, and major changes were unnecessary.

Consultation and Training: Even though our use of the application is primarily for consultation, IRIS Carbon provided valuable training. Their organized and responsive team accommodated our timing needs. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

We have no issues with the IRIS Carbon product or service. Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

FSMA Compliance Made Easier:

Tagging our financial statements for FSMA purposes used to be a complex and time-consuming endeavor. With IRIS Carbon, the process is simplified, accurate, and efficient. We’ve reduced the administrative burden and ensured compliance seamlessly. Review collected by and hosted on G2.com.

SA
Senior Finance Officer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

Very fast tagging solution and efficient customer support Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

Requires strong internet connectivity for optimization Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

Regulatory reporting Review collected by and hosted on G2.com.

Verified User in Manufacturing
UM
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

The staff are very helpful and there is a very quick turn around. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

Some of the error messages are hard to understand. The terminology isn't clear to me. Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

Meets our SEC filing requirements Review collected by and hosted on G2.com.

SC
SEC Accountant
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

The friendly and competent support team are available 24/7 to guide you through the process. They provide an in depth training before use and the platform itself is easy to use and implement. It has made our reporting time much faster than before. We now file early because of IRIS Carbon Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

There is nothing that I dislike about the product Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

IRIS Carbon is helping us create and file our financial reports to the SEC. Their platform has sped up our process exponentially Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

The aplications design is user friendly and has a clear flow. Great support througout the process from onboarding on and svift anwsers to all your questions. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

Some of the features can take time to process changes. Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

No more Excel versions that get overwritten and lost in emails. Their solution allows multiple people work at the same time, without overvriting ech others data. And with sync between Excel - Word and Powerpoint reports can be easily created and managed over time. Review collected by and hosted on G2.com.

LM
Financial Analyst
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

Customer support and ease of use are really helpfull Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

There are still some bugs while changing and reimporting specific pages. But customer service is so reliable and helpfull that any problems are soleved in a metter of minutes. Review collected by and hosted on G2.com.

What problems is IRIS CARBON® solving and how is that benefiting you?

Increased efficiency and hleped improve workflow. Review collected by and hosted on G2.com.