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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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Recent IRIS CARBON® Reviews

Kameron K.
KK
Kameron K.Enterprise (> 1000 emp.)
4.5 out of 5
"Iris Carbon"
Iris Carbon has a great customer service team that helps us with any updates to the filing process that we needed. They always looked for ways to i...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"."
The staff are very helpful and there is a very quick turn around.
SA
SEUN A.Mid-Market (51-1000 emp.)
5.0 out of 5
"EXCELLENCE IN REGULATORY REPORTING AND SUPPORT"
Very fast tagging solution and efficient customer support
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15 people requested security information

IRIS CARBON® Media

IRIS CARBON® Demo - IRIS CARBON® Login
A screenshot of the login interface of IRIS CARBON®, an intuitive platform for XBRL/iXBRL reporting, disclosure management, and ESG reporting.
IRIS CARBON® Demo - IRIS CARBON® for SEC iXBRL Compliance
An interface of IRIS CARBON® for SEC iXBRL reporting and compliance.
IRIS CARBON® Demo - IRIS CARBON® ESMA ESEF iXBRL Reporting
An IRIS CARBON® interface for ESMA ESEF iXBRL reporting.
IRIS CARBON® Demo - IRIS CARBON® Interface for FERC XBRL Reporting
An interface of IRIS CARBON® showcasing FERC XBRL reporting and compliance.
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83 IRIS CARBON® Reviews

4.8 out of 5
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83 IRIS CARBON® Reviews
4.8 out of 5
83 IRIS CARBON® Reviews
4.8 out of 5

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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LM
Financial Analyst
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®?

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.

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

What stands out to me the most are the instant XBRL checks, which offer a sense of security and aid in identifying and locating any potential errors. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

I find it a bit challenging that we're unable to upload multiple pages simultaneously. Additionally, if alignment issues crop up, we often turn to support for guidance and assistance. Review collected by and hosted on G2.com.

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

IRIS CARBON® enhances XBRL reporting efficiency, simplifying compliance and minimizing time and resource requirements, ultimately ensuring superior customer deliverables. Review collected by and hosted on G2.com.

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

What I appreciate most is the immediate responsiveness of the support team in swiftly resolving any encountered issues. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

What I find inconvenient is the inability to upload multiple pages simultaneously, and when alignment issues arise, we rely on support for assistance. Review collected by and hosted on G2.com.

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

IRIS CARBON® streamlines XBRL reporting processes, benefiting users by simplifying compliance and reducing time and resource burdens in order to provide excellent customer deliverables. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
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®?

Support team is amazing, responsive, friendly.

They always take feedbak into account and develop suggested new features.

Always one step ahead of the clients.

Also with regulatory knowledge. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

Nothing. Sometimes it doesn't work perfectly under you clean up the cookies. Review collected by and hosted on G2.com.

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

Multiple users working symultaniously, versioning, change management, change comparisons, automated syncing, manual work with copying and pasting.

Clarifying the regulation. Review collected by and hosted on G2.com.

EW
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®?

We have been very pleased with the software for our FERC reporting needs. It is very easy to use and the support we receive from IRIS Carbon has always been very prompt. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

We have not had anything that we disliked. The software has a;; teh functionality that we need for our FERC reporting needs. Review collected by and hosted on G2.com.

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

N/A Review collected by and hosted on G2.com.

Verified User in Utilities
UU
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®?

I am an annual user so I like the short training videos that I can watch whenever I forgot how to do something. I like how I can run checks to see if I am in balance. I have always received quick replies back from customer support and they make me feel like I matter. I have not received this level of support from any other software. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

I can not think of anything I do not like about this product. Review collected by and hosted on G2.com.

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

It is helping me to fill out and submit the FERC form 1 quicker and easier. Review collected by and hosted on G2.com.

BK
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about IRIS CARBON®?

The customer service and responsiveness from the IRIS Carbon team has been exceptional. The product itself allows for us to gain efficiencies that our old software did not allow, being able to upload directly into the filing software is a huge time saver and has worked seamlessly quarter after quarter. Another huge positive for the IRIS platform is that we haven't ran into any issues filing on time with the FERC deadlines, the platform is always working and we never have issues getting in to it or working in it close to our tight deadlines. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

We are very satisfied with the IRIS Carbon product and team and don't have any dislikes at this time. Review collected by and hosted on G2.com.

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

IRIS Carbon solved our problem of tagging our FERC regulatory reports. On top of this requirement, making the switch to IRIS Carbon has also helped us exponentially in gaining efficiencies in our FERC reporting. The software is readily available to us and the team is always responsive and working to make the product exactly what we need it to be. Review collected by and hosted on G2.com.

Tatjana B.
TB
Chief accontant of the Group
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about IRIS CARBON®?

We hade really great experience with Iris Carbon who helps us with XBRL reporting. The solution Iris Carbon provides is very user-friendly. it was really easy to use. You can log in to the platform at any time and from anywhere and you will always access the latest version of the document. The support we got was fantastic- 24/7, all questions answered and problems solved. With Iris Carbon you will not miss any deadlines. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

We are completely satisfied with the service provided. Review collected by and hosted on G2.com.

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

Easy and fast reporting in iXBRL format, data tagging Review collected by and hosted on G2.com.

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

The software is straight forward and easy to use. Additionally, the support team is very quick to respond and very helpful. Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

I don't have anything to say about what I dislike. Upon the initial release of the FERC XBRL filing requirements, there were some initial issues. But IRIS worked very hard to correct these issues and implement new features. Today, the filing solution is in very good shape. Review collected by and hosted on G2.com.

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

Filing FERC reports using XBRL, and also formatting reports to PDF. Review collected by and hosted on G2.com.

Chris S.
CS
Managing Partner
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about IRIS CARBON®?

Quality, drive to deliver and response time Review collected by and hosted on G2.com.

What do you dislike about IRIS CARBON®?

Initially the time line was too long and difficult for us to estimate potential impacts in case of delays, however this has improved Review collected by and hosted on G2.com.

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

Translating the annual accounts into ESEF reporting files Review collected by and hosted on G2.com.