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IRIS CARBON® Receives Prestigious 2023 APPEALIE SaaS + Software Award for ERP + Finance in SMALL BUSINESS + MID-MARKET Segment

IRIS CARBON®, a leading provider of comprehensive financial reporting and compliance solutions, has been named a winner of the 2023 APPEALIE SaaS + Software Awards. The highly coveted award recognizes the exceptional achievements and contributions made by companies in the…

  May 4, 2023

IRIS CARBON® Shortlisted for 2023 APPEALIE SaaS + Software Awards

IRIS CARBON® has been shortlisted for the 2023 APPEALIE SaaS + Software Awards under the Overall SaaS Award category. The company has been selected in the highly competitive Overall SaaS Award category, which recognizes outstanding SaaS applications based on customer…

  April 18, 2023

IRIS Business Services Launches iConnect – An XBRL Analytics Tool For Better Business Decisions

IRIS Business Services (NSE, BSE: IRIS), India’s first listed SaaS RegTech company, has launched IRIS iConnect – an XBRL analytics tool that helps business leaders to leverage structured data for better insights and decision-making. IRIS iConnect is available for Office 365 users…

  March 22, 2023

IRIS Bushchat® awarded the Prestigious XBRL International Certification

India, Tuesday, 19 February 2019 IRIS Bushchat® is an efficient and reliable processor for validating XBRL files. The processor was put through an extensive set of compliance suite tests, which the product passed with nothing but flying colors. Today, IRIS…

  February 19, 2019

Company CEO, S Swaminathan Participates in SME Corner – CNBC Awaaz

IRIS Business Coverage by SME Corner- CNBC Awaaz. Founder and  CEO of IRIS Business Solutions, S Swaminathan participates in the discussion. To view the complete coverage click here Read full news here: IRIS Coverage in SME Corner- CNBC Awaaz

  April 6, 2018

IRIS CARBON® Successfully Completes SOC 1 (SSAE 18) TYPE 1 Examination

We have been in the business of managing information for a long time. Our expertise in setting up quality compliance systems has sensitized us to the privacy and security concerns of our clients. Since its inception, therefore, IRIS CARBON® has…

  April 3, 2018

IRIS Scores Big in South Africa with 2 Wins in One Day

South Africa’s business registry, the Companies and Intellectual Property Commission (CIPC) launched its pilot XBRL filing program yesterday, with technology from global XBRL major, IRIS. In a parallel development, marking yet another huge win for IRIS, the historic first filing…

  February 21, 2018

IRIS Awarded ISO 27001 Certification for Information Security

India's leading GST Suvidha Provider (GSP), IRIS Business Services Limited (IRIS) today announced that it has been awarded ISO 27001 for Information Security. In a statement released here today, the company announced that after a thorough and rigorous audit of…

  January 11, 2018

IRIS to Partner EOH, South Africa’s Biggest Information Services Company

IRIS Carbon® will help South African companies to comply with the mandate of the Companies & Intellectual Property Commission (CIPC) regarding Annual Financial Statements (AFS) filing to CIPC. Under the mandate, some 100000 South African companies have to submit their…

  December 26, 2017

IRIS CARBON® for South Africa Launched

Global XBRL major, Iris Business Services Limited announced the launch of IRIS CARBON® for South African regulatory reporting markets. South Africa will be the 5th Country where IRIS CARBON® is being offered. IRIS CARBON® is a disclosure management platform that…

  December 22, 2017

IRIS to implement Supervisory Information System for Nepal Rastra Bank

IRIS Business Services Limited (IRIS) has entered into an agreement with PricewaterhouseCoopers India Pvt. ltd for the design, supply, and implementation of a Supervisory Information System for the Central Bank of Nepal, Nepal Rastra Bank. Read full news here: IRIS…

  December 12, 2017

IRIS Tops List of SEC Filing Software Providers in USA with 100% Error-free Filings

IRIS Carbon, a SAAS offering used by enterprises to fulfill their compliance requirements, has topped an independent evaluation in the USA for generating filings with 100% accuracy. IRIS CARBON has in-built validations as per SEC mandate on formatting as well…

  December 4, 2017

IRIS’ Developed National Sports Talent Search Portal Launched by the Hon’ble Vice President of India

The National Sports Talent Search portal, an initiative of the Ministry of Youth Affairs and Sports, was launched on 28 August 2017 by the Hon’ble Vice President of India, Shri M. Venkaiah Naidu. The portal has been developed by IRIS…

  August 28, 2017

IRIS Shortlisted as GST Suvidha Provider (GSP)

IRIS Business Services Limited has been shortlisted as a GST Suvidha Provider (GSP), one of only 34 companies chosen by the Goods and Services Tax Network (GSTN). More than 300 companies had initially expressed an interest to be one, of…

  December 26, 2016

Online Submission of Annual Balance Sheets Now Possible

The Corporate and Business Registration Department (CBRD), Republic of Mauritius, has mandated large public interest companies to present their balance sheets in XBRL (Extensive Business Reporting Language) since December 2016. These are companies regulated by bodies such as the Bank…

  October 10, 2016

Maharashtra first in country to adopt next-gen tech for crime record maintenance

Maharashtra became the first state in the country to leverage the power of next-gen technology, XBRL, for the maintenance of its crime records. In the first phase of the project, the technology has been deployed by Maharashtra CID to generate…

  January 11, 2016

India turns to IRIS for FATCA reporting

After two months of signing the inter-governmental agreement (IGA) with the US to implement the Foreign Account Tax Compliance Act (FATCA), on 31 Aug 2015, CBDT issued guidance notes on 114F to 114H of the Income-Tax Rules. The IGA aims towards greater…

  September 11, 2015

Revathy Ramanan, Senior XBRL Consultant, IRIS Business Services Ltd. appointed to XBRL International’s Best Practices Board

XBRL International announced the appointment of Revathy Ramanan, Senior XBRL Consultant, IRIS Business Services to its Best Practices Board (BPB). Revathy has nine years of experience spanning various domains like XBRL, Internal Audit, MIS, and Cost Audit. As part of her work…

  June 16, 2015

IRIS iFile now implemented for The Department of Business Development, Ministry of Commerce, Thailand

Thailand has approximately 500,000 active legal entities, of which approximately 400, 000 entities mandatorily need to submit financial reports to DBD. The regular process is to submit the hard copy to DBD and these source documents are stored by the…

  February 6, 2015

IRIS Carbon Released For SEC Reporting

IRIS Business Services came together in 2004 in recognition of the importance of the emerging world of structured data. Over the last decade, the firm has built itself up into a leadership position globally in this area generally and around…

  October 8, 2014

Bank of Mauritius to Implement XBRL in the Regulatory Filing Process

Mauritius has long been at the forefront of the financial world and just like regulators and financial institutions, the Bank Of Mauritius too has been facing increasing challenges in collecting, processing, and reporting information. Especially in an efficient yet cost-effective…

  July 24, 2014

Singapore Deploys Indian Tech Platform for XBRL Filings

Starting this week, all companies in Singapore would have to file their returns with the Accounting and Corporate Regulatory Authority (ACRA) in XBRL through iFile, a technology platform developed and deployed by IRIS Business Services, an Indian company. ACRA is the Singapore…

  March 10, 2014

Launch of BizFinx portal

With effect from 03 March 2014, Singapore-incorporated companies which are limited or unlimited by shares (unless exempted) and required to file their financial statements with ACRA, will need to prepare and file a full set of financial statements in XBRL…

  March 3, 2014

Emirates SCA highlights features of XBRL implemented by IRIS

The Securities and Commodities Authority (SCA) has highlighted the features of the XBRL system to boost corporate governance and transparency. Speaking at a workshop for representatives of market regulators from GCC, Mohammed Al Hadari, SCA deputy CEO for organization and support services,…

  June 6, 2013

IRIS’ XBRL solution showcased by Emirates SCA to Gulf regulators

The Securities and Commodities Authority (SCA) has organized at its Dubai headquarters a workshop for representatives of market regulators from member states of the Gulf Cooperation Council (GCC). Addressing the attendance, which include the Chairman and experts of XBRL International Inc. (XII),…

  June 2, 2013

Digital financial reporting through XBRL is the future

 IRIS Business Services is now offering XBRL solutions to Tadawul Stock Exchange in Saudi Arabia. IRIS is re-developing the Saudi Arabian Corporate Profiler system of Tadawul using XBRL technology. This also involves designing and building the taxonomy for covering all filing requirements.…

  May 21, 2013

Tally launches e-filing in MCA with IRIS XBRL solution

The launch of Tally.ERP 9 Release 3.3 pioneers a truly integrated experience for companies who need to comply with the Ministry of Company Affairs (MCA) filing requirements in XBRL format. To ensure complete coverage, Tally leveraged the domain expertise of IRIS…

  February 15, 2013

XBRL Adoption Gains Ground

"IRIS has built an electronic filing system (IRIS iFile). It is a simple spreadsheet in which banks have to feed the data. The data is automatically converted into the XBRL format before being transmitted to the RBI," said Shweta Gupta from…

  May 31, 2012

Cost audit reports to come under the ambit of XBRL

Companies will now consider incorporating XBRL internally as it will lead to automation, cost savings, and better quality of information and decision making, thereby realizing that xbrl is good for them and not a burden after all, said S. Swaminathan, IRIS, Business…

  May 31, 2012

Now, mutual fund companies adopt the new financial reporting format XBRL

SEBI introduces voluntary XBRL-based e-filing for mutual funds. Body: NEW DELHI: After being successfully introduced last year, the new financial reporting format, XBRL, is now being adopted by many mutual fund companies to enhance corporate governance as well as to improve risk…

  April 12, 2012

iCreate and IRIS partner for XBRL-compliant Regulatory Reporting

Bangalore - Banking BI specialist iCreate Software today announced a strategic partnership with IRIS Business Services Limited, India’s leading XBRL solutions provider. As part of the agreement, iCreate will harness IRIS' XBRL expertise and its suite of XBRL tools and technology components…

  January 30, 2012

Emirates capital market regulator implements XBRL for listed companies

ABU DHABI — In association with the bourses, the Emirates Securities and Commodities Authority (SCA), has implemented international financial reporting standards for listed companies, a move which will increase greater disclosures, and transparency and bring investors’ confidence. Read full news…

  September 25, 2011

SCA signs agreement with ADX, DFM to implement XBRL in UAE

The Emirates Securities and Commodities Authority (SCA) has signed an agreement with the Abu Dhabi Stock Exchange (ADX) and the Dubai Financial Market (DFM) to start implementing international financial reporting standards for listed companies, by using the eXtensible Business Reporting…

  September 24, 2011

With XBRL you can’t hide

An article by S. Swaminathan the Founder and CEO of IRIS, and India’s leading XBRL evangelist "At IRIS, our exercise to develop India’s first XBRL database of listed companies threw up some startling findings. We were stunned that for several…

  February 8, 2009

Scope of XBRL is immense in India: IRIS

XBRL-enabled Financial Reporting is not new to India, it was one of the initial countries that adopted XBRL-enabled Financial Reporting as early as October of 2008; though the scope of reporting was very limited. It was introduced on a larger…

  April 26, 2008

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