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Rainbow is XBRL certified, it supports XBRL self-tagging, multi-user collaboration, co-authoring, built-in validation, review platform & much more. It can highlight the taggable elements while applying XBRL tags, so no fact goes untagged. It offers equally competent features of any industry leading software. Above all, it is priced economically thereby guaranteeing affordability.
Yes, switching from your incumbent arrangement to Rainbow is seamless and hassle-free. As Rainbow accepts iXBRL input, porting from an industry leading software is very simple with no document set up time & efforts. We offer a smooth onboarding process, including quick setup of workspaces with content formatting and XBRL tagging. Additionally, our platform’s intuitive interface makes it easy for users to adapt quickly.
Yes, Rainbow seamlessly integrates with various data sources, including general ledger and spreadsheets. This integration streamlines the reporting process and enhances efficiency.
Rainbow supports a wide range of input formats to meet your needs. You can import DOCX, XLS, PDF, HTML and iXBRL formats.
Ensuring the security of your data is paramount to us. Our SEC reporting software ensures data security through adherence to industry standards like ISAE 3402, SSAE 18, and ISO 27001. Powered by a Tier 1 cloud provider, our infrastructure meets compliance standards including SOC 1, offering encryption, access controls, and continuous monitoring to safeguard your financial data from unauthorized access and threats.
As a 19 year old company and one of the pioneers of XBRL technology, our professional support team consists of qualified accounting professionals and XBRL experts who provide expert assistance on tag selection, tagging decisions, validation, best practices to ensure high quality and completeness in your reporting obligations.
DataTracks RainbowTM revolutionizes SEC reporting by seamlessly integrating with accounting systems for efficient XBRL tagging and content management. It includes the Collaborative Reviewing Platform and offers professional consultation on XBRL tagging, validation, SEC best practices, EDGAR HTML drafting, and InDesign typesetting for successful SEC filings.
Effortlessly integrates with your ERP systems and various data sources, utilizing linking capability to populate the document and ensure a smooth flow of data
Allows import of data in various formats such as Word®, Excel®, PDF, and HTML, transforming them into a polished report with document formatting capabilities
Empowers collaboration seamlessly accessing different sections of a document simultaneously, ensuring real-time updates for both content and XBRL tagging
Manage access across different levels, including entity, document, and specific document sections. Additionally, govern the authorization levels assigned to each user
Features an advanced XBRL module equipped with a proactive validation mechanism, guaranteeing a minimal learning curve for users
Facilitates the creation of a document for a new reporting period by copying all links and XBRL tags, enabling users to concentrate on modifications and additional content
Use our sophisticated online review platform, to review, comment, validate, and sign-off on the XBRL file prior to filing
Users are ensured of all logs for enhanced and transparent compliance.
Simplifies the management of financial data directly within the solution thereby users can seamlessly link external spreadsheets to documents within Rainbow, facilitating smooth content management and updates.
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Enable teams to associate and link offline data from various systems including General Ledger (GL) and other spreadsheet documents. Simply update your data source and the new datasets are automatically pushed to the required location in the platform.
Import content from various data files such as Word® or PowerPoint® and start converting them into XBRL, Inline XBRL formats accurately; helping you save both time and cost.
DataTracks Rainbow allows tagged information to be re-used across different periods and various taxonomy versions. Roll your tags forward and eliminate the need to re-tag while the updated tags automatically flow into your XBRL documents. This feature enables you to significantly reduce errors and inconsistencies.
With the extent and complexity of financial data, determining users’ level of access can easily become complicated. Keeping that in mind, we provide an entirely new approach to managing privileges – right from the time you create a user to making changes to various sections in your financial documents.
DataTracks Rainbow enables you to set up restrictions on different IP levels and limit access to a subset of user functions and accounts.
Update numbers and narratives located at different places within our platform and reduce time and efforts significantly using the Data Cloning feature.
Changes made to linked financial data get instantly updated across all locations within the document, scaling them further to even decimal levels.
Preserve the integrity and information security of your financial data with DataTracks which is compliant with ISAE 3402, SSAE 18 and ISO 27001 standards. Powered by a Tier 1 cloud provider, the DataTracks environment is designed and built to meet rigorous compliance standards including SOC 1 (formerly SAS 70).
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