(BUSINESS WIRE)SimpleX Data Technologies announced today the launch of a new web directed at addressing a new, significant rporate ncern. Public mpanies are now mandated to submit financial filings to the Securities and Exchange mission (SEC) in Extensible Business Reporting Language (XBRL).

SECs guidelines now require that publicly listed US mpanies submit their Qs and Ks to the SEC in XBRL format to allow for easy analysis, retrieval and transport of financial data. For details, visit the SEC web – /spotlight/xbrl.shtml.

“At SimpleX we now offer a full-service outsourced solution that guarantees financial data is rrectly tagged and submitted to SEC. It is ready-to-go, secure, simple and very st effective. This is thanks to several years of mbined financial data-management experience, technical proficiency in Oracle system implementation mbined with XBRL expertise since the Voluntary Filing Program (VFP) days. With this, finance managers don’t have to buy and learn expensive, mplicated software,” said Jack Cartmell, Managing Partner, Solutions Partners, Inc. (SPI), the strategic partner of SimpleX.

Explained Jay Chandran, SimpleX CEO: “SimpleX is emerging as a leader in XBRL and ERP data solutions. An in-house solution would entail hiring or training persons with skills in the ‘no-man’s-land’ at the intersection of Acuntancy/US-GAAP/IFRS, Enterprise ERP process solutions and the new specialist skill in XBRL. All involving nsiderable effort, st and time for ramp-up, running into several quarters, especially for small and mid-sized rporations. The SimpleX way is to partner for XBRL filing with rporate-finance departments through a nsultative-service offering. It takes charge of creating XBRL taxonomies, validates reports and ensures suessful filings with SEC. The st, time and uncertainty of a learning curve for XBRL-mpliant SEC filings are virtually eliminated. There are ‘early-bird’ benefits too.”