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Rivet Software Releases Crossfire 3.5
Latest version of most tested, used and proven XBRL software features new auto-tagging functionality
By: Tina Riffe
Among the most anticipated new features of Crossfire 3.5 is “Auto-Tagging Support” which is the next generation of the product’s popular “Help Me Tag” feature. Auto Tag can recommend tags for all items in a financial statement, or selected items, based on predefined parameters set by the user. SIC codes can be used to analyze and compare tag choices, as well as overall SEC percentages for a specific tag choice.
Another major enhancement in Crossfire 3.5 is an improved “Noteblock Authoring” tool which makes it easier for users to create and edit noteblocks with tables and controlled formatting. The upgraded software also has more robust export functions that produce greater folio integrity for documents transferred to Microsoft Word.
Crossfire is used by Rivet’s internal staff to process and manage reports for clients who outsource their XBRL filings process. This software is also in use by a number of Rivet’s clients as an in-house solution for managing XBRL filings for the SEC.
The Crossfire Financial Reporting Platform™ is available as a Software-as-
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Founded in 2002 and headquartered in Denver, Rivet Software is the pioneer in standards-based business reporting and analytics. Rivet empowers companies with control over the collection, analysis and dissemination of their internal and external financial information to help advance the transformation of business communication worldwide. This privately-owned technology company works with more Fortune 500 companies than any other XBRL vendor and will emerge from Q4 of 2010 as the XBRL vendor of choice for companies in search of a cost-effective, reliable solution for SEC reporting compliance.