An Easy Solution for XBRL Tagging (and it’s Free!)

Over the last decade, the eXtensible Business Reporting Language (XBRL) has evolved from a specialized reporting format into the cornerstone of financial disclosure, with mandates now in place from the SEC, ESMA, and numerous other authorities worldwide. While this shift delivers greater standardization, transparency, and comparability of financial data, it also introduces significant challenges for filers.

Organizations must navigate large, complex taxonomies, adapt to varying jurisdictional requirements, and keep pace with frequent updates—all while ensuring accuracy in data drawn from both structured tables and narrative disclosures that are prepared for human audiences.

Traditional, code-intensive approaches often slow down reporting teams and increase reliance on external consultants. That’s why Altova developed a purely visual approach to generating XBRL reports.

Introducing the Altova XBRL Tagging solution – a free, cloud-based tool for tagging existing reports for XBRL without being exposed to the complexities of the underlying syntax.

Visual XBRL Tagging Tool

With multiple XBRL Certified Software designations from XBRL International, Altova has long been recognized as a leader in the XBRL development and data integration space. Now, to make XBRL tagging easy and accessible to all users, we’ve created a cloud-based, purely visual solution for tagging XBRL based on existing financial documents. The Altova XBRL Tagging solution is available now as a free public beta at xbrl-tagging.com.

Altova XBRL Tagging immediately solves two problems:

• Code-based tagging is complex and error prone
• Getting started tagging is time consuming and difficult

Eliminate Tagging Complexity

Tagging financial reports for XBRL compliance is notoriously complex, involving massive taxonomies, constant regulatory updates, and technical details that can overwhelm even experienced teams.

Altova XBRL Tagging changes that dynamic by making the process visual and building the XBRL expertise into the tool. The straightforward interface makes it far easier to locate facts, choose the right tags, and handle even challenging disclosures like footnotes or narrative sections without the technical overhead of older methods.

The Altova XBRL Tagging solution  lets you apply tags directly to a familiar view of the source document, such as a PDF, HTML, or JPEG version of an existing financial report. Intelligent tools like automatic table detection and easy footnote association speed things up and eliminate a lot of guesswork.

Here’s how it works:

To support customers worldwide, the solution allows tagging reports to comply with ESEF requirements in the European Union and US GAAP rules in the United States.

Get Started in Seconds

The other problem Altova XBRL Tagging solves is the steep barrier to getting started. Traditional XBRL tagging platforms often come with expensive licenses, consultant fees, and long implementation timelines.

This solution eliminates those barriers. It’s completely free to use—just upload your financial statement and the relevant ESEF or US GAAP taxonomy, and you can start tagging right away. No accounts to set up, no software to install, and no waiting on IT. Because it’s cloud-based, you get instant access without the overhead or hidden costs of traditional systems.

Get started now at xbrl-tagging.com. It’s free and you can start tagging immediately – no account or password needed.