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Semansys Reviews & Product Details

FD
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Semansys?

Years of experience in the XBRL market space. Solid and reliable as a supplier and as partner Review collected by and hosted on G2.com.

What do you dislike about Semansys?

They are tough negotiators during contract discussions Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

Automated reporting to IRS and other players Review collected by and hosted on G2.com.

Semansys Overview

What is Semansys?

Semansys enables standardized digital reporting based on regulatory requirements and data exchange. Using our unique XBRL (eXtensible Business Reporting Language) Core Engine we generate, validate, deliver, and analyze digital reports on behalf of our customers. Semansys Next, connects to the Semansys Core Engine, giving our customers a smart, yet simple and efficient set of cloud and API applications with ease of use to ensure quality insurance, reliability, valid XBRL documents and meeting their compliancy requirements. The complexity of Taxonomy and XBRL specifications are managed by the Core Engine for rules-based validation, viewing, delivery and analysis requirements allowing our customers to focus on their own company data sets. On financial taxonomy we support, EBA, EIOPA, ESMA, SBR and many local implementations. On sustainability we support CSRD, ESG, ESEF, IFRS, FERC. We make workflow software smarter by connecting it with API’s to Semansys Next. This enables financial consultancy firms, accountancy firms and financial departments for taxonomy compliancy, validation, and delivery. Forging alliances with software companies and financial consultants give end customers a local presence and connectivity to our solutions.

Semansys Details
Languages Supported
German, English, French, Dutch
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Product Description

Semansys provides an accessible user driven platform, hosted on a tier 1 public cloud provider, that supports all facets of digital business reporting (Excel, CSV, PDF, HTML, XML, XHTML, XBRL, iXBRL).


Seller Details
Seller
Semansys
Year Founded
1999
HQ Location
The Hague, NL
LinkedIn® Page
www.linkedin.com
22 employees on LinkedIn®

Frederic M.
FM
Overview Provided by:

Recent Semansys Reviews

SP
Swapnil P.Enterprise (> 1000 emp.)
4.5 out of 5
"Semansys is the best business management tool"
Semansys is the best business management tool in the market.
MM
Mayur M.Small-Business (50 or fewer emp.)
4.5 out of 5
""Strongly suggest Semansys for simplified Solutions""
The best thing about Semansys, in my opinion, is how easily it integrates with our current systems, greatly streamlining the financial reporting pr...
PS
Prafull S.Enterprise (> 1000 emp.)
4.5 out of 5
"Semansys is one of the best buisness management tool."
it has good and well managed UI & Environment and it is easy to use. is one of the best buisness management tool.
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Semansys Media

Semansys Demo - XBRL analyses
XBRL as reporting standard is all about efficiency. However, being able to generate reports and analyze the data after could become key to future success.
Semansys Demo - XBRL inline and validation
Validate your data automatically or generate Inline XBRL for audits.
Semansys Demo - XBRL input and import
Start your XBRL instance with csv excel or inline XBRL and Pauze at any given moment.
Answer a few questions to help the Semansys community
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10 out of 11 Total Reviews for Semansys

4.4 out of 5
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10 out of 11 Total Reviews for Semansys
4.4 out of 5
10 out of 11 Total Reviews for Semansys
4.4 out of 5

Semansys 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
G2 reviews are authentic and verified.
MM
Cloud Engineer
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

The best thing about Semansys, in my opinion, is how easily it integrates with our current systems, greatly streamlining the financial reporting procedures. It is simple to use thanks to the user-friendly interface, and the automation features reduce the amount of time we spend entering data by hand.

"Semansys' real-time data analytics and reporting features are the most beneficial feature. It enables us to swiftly and precisely make well-informed decisions. The software's extensive support for various financial standards guarantees our reporting's accuracy and compliance. Furthermore, their customer service is knowledgeable and prompt, helping us out whenever we need it. Review collected by and hosted on G2.com.

What do you dislike about Semansys?

Even though Semansys has generally met my needs, there are a few small things that could be done better. For example, providing more thorough tutorials and training materials could expedite the onboarding process for new users. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

Ensuring Regulatory Compliance: It was difficult for us to continue adhering to numerous, intricate regulations. Semansys lowers the risk of non-compliance by ensuring our financial disclosures fulfill all relevant requirements and provide strong tools for XBRL reporting.

Increasing Data Accuracy: Prior to implementing Semansys, we encountered difficulties with inconsistent data amongst various departments. By standardizing data formats and offering real-time validation, Semansys has increased data accuracy and made sure that everyone in the company is working with accurate information. Review collected by and hosted on G2.com.

Anubhav O.
AO
Associate Software Engineer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Semansys?

I really admire Semansys for their dedication to innovation and achieving excellence, in the realm of reporting and business monitoring. They have effectively utilized the potential of semantics and XBRL technology to develop a range of software solutions that greatly enhance the efficiency, accuracy and openness of financial information sharing. Their commitment, to pushing the limits of what can be achieved in the finance industry is truly praiseworthy. Review collected by and hosted on G2.com.

What do you dislike about Semansys?

One possible disadvantage of Semansys is that it is quite complex which can be challenging for people who're new, to XBRL and semantics. The learning process can be steep. The higher price of their solutions may discourage businesses. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

Semansys is successfully addressing the standing problems of inefficiency, inaccuracy and lack of transparency, in reporting and business monitoring. Through the use of semantics and XBRL technology Semansys has made the process of exchanging information efficient resulting in a significant reduction, in the time and effort needed for reporting. Review collected by and hosted on G2.com.

PS
Administrator
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

it has good and well managed UI & Environment and it is easy to use. is one of the best buisness management tool. Review collected by and hosted on G2.com.

What do you dislike about Semansys?

its tuff for initial setup as a beginner. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

Semansys solving the buisness managemnet problems. custermer relationships, decission making process. Review collected by and hosted on G2.com.

karan r.
KR
Project Engineer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

Its extensive range of features caters to various needs, from financial management to customer relations Review collected by and hosted on G2.com.

What do you dislike about Semansys?

time consuming for initial setup for new user its little difficult to understand Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

we have seen an increase in productivity and more informed strategic planning Review collected by and hosted on G2.com.

Amit Pratap M.
AM
Associate Software Developer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

The multiple modules offered by Semansys. Ane one of the best is data analysis and comparison from various sources. Review collected by and hosted on G2.com.

What do you dislike about Semansys?

It is a little bit complex and challenging for new Users. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

Semansys helps me in data analysis Review collected by and hosted on G2.com.

SP
Project engineer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Semansys?

Semansys is the best business management tool in the market. Review collected by and hosted on G2.com.

What do you dislike about Semansys?

The UI is little bit difficult as a begginer. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

The semansys is solving business management and relation management problem. 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
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

The best thing about Semansys is its digital reporting. Users can send the reports to legislator via SemansysNext which ensures compliance with the regulatory requirements. Review collected by and hosted on G2.com.

What do you dislike about Semansys?

There is nothing which I dislike about Semansys Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

We face many challenges in automating the reports and SemansysNEXT allows us to automate the reporting process as well as it checks whether there is any error or data loss happening. Review collected by and hosted on G2.com.

Prakash Gupta K.
PK
Manager
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

Easy to integrate with legacy systems to extract information Review collected by and hosted on G2.com.

What do you dislike about Semansys?

Though the product is featuristic, the chargiablity of the product is higher compared to other competetors. There is a room for improvement on chargiability. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

We used to have difficulty in data comparision between the systems to generate a final outcome. Semansys made it very easy and gave lot of time back to us. Review collected by and hosted on G2.com.

Rushikesh G.
RG
Management Engineer II - DevOps
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

There service was to the point and tailored to my needs Review collected by and hosted on G2.com.

What do you dislike about Semansys?

There revert back time can be improved a bit. Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

They provided accurate ESG reports which were swiftly approved by the official bodies. Review collected by and hosted on G2.com.

Harsh Vardhan S.
HS
Associate Software Engineer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Semansys?

Easy to use

No Hassle

Full customer support

Features Are great Review collected by and hosted on G2.com.

What do you dislike about Semansys?

Not at all !! Amazing product, Meet my expectation Review collected by and hosted on G2.com.

What problems is Semansys solving and how is that benefiting you?

It help us to generate the reports and summarize the account effectively. Review collected by and hosted on G2.com.