What are the costs associated with XBRL software?
The costs of XBRL software can vary widely depending on the features, vendor, and deployment options. Typically, you might see prices ranging from a few thousand to tens of thousands of dollars.
Are there any ongoing fees after the initial purchase?
Yes, many XBRL software solutions have ongoing fees, such as annual maintenance, support, and updates, which can add to the total cost.
What factors should I consider when choosing XBRL software?
Consider factors like ease of use, integration capabilities, customer support, and whether the software meets your specific reporting needs.
Can you recommend any specific XBRL software?
Some popular XBRL software options include Workiva, CoreFiling, and DataTracks. It's best to evaluate them based on your requirements.
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