KUALA LUMPUR, MALAYSIA – March 06, 2025 – FinTags Sdn Bhd, Malaysia's leading XBRL services provider, today announced tailored XBRL solutions designed for accounting firms navigating the complexities of MBRS 2.0 implementation. The unique ability to switch between services and AI powered XBRL product empowers accounting professionals to efficiently manage multiple client filings while maintaining the highest standards of accuracy and compliance.
With Malaysian accounting firms now managing an unprecedented volume of XBRL filings due to SSM's mandatory reporting requirements, FinTags’ specialized offerings supports accounting practices to confidently engage their clientele for digital reporting services while ensuring zero errors and 100% successful filing each time.
"Accounting firms are at the frontline of MBRS 2.0 implementation, often managing hundreds of client submissions with varying complexities and deadlines," said Shobika, Senior Manager of Customer Success at FinTags. "Our accounting firm specific XBRL solutions transform this regulatory challenge into a strategic service opportunity by dramatically reducing preparation time while virtually eliminating rejection rates, allowing firms to fulfil XBRL services without proportionally increasing staff hours."
FinTags’ accounting firm focused XBRL solutions deliver measurable advantages through:
"Before implementing FinTags' XBRL solutions, each XBRL filing required approximately 15-20 hours of staff time and multiple review cycles," said Lee Wei Tan, Managing Partner at a leading Kuala Lumpur accounting firm. "We've reduced that to 4-6 hours per filing while eliminating submission rejections entirely. This efficiency has transformed our XBRL services from a compliance burden into one of our highest-margin offerings."
FinTags offers a specialized onboarding program for accounting practices that includes:
"Accounting firms shouldn't have to choose between scaling their XBRL practice and maintaining quality," noted Santhosh Wilson, FinTags’ Global XBRL Delivery Officer. "Our accounting-specific XBRL solutions deliver both, allowing firms to confidently expand their MBRS digital reporting services while maintaining the highest compliance standards."
FinTags Sdn Bhd has been at the forefront of financial reporting technology solutions in Malaysia since 2019. Specializing in XBRL implementation, digital financial reporting, and regulatory compliance, the company serves organizations ranging from SMEs to Malaysia's largest public-listed entities. FinTags is an SSM BizTrust recognized company and maintains strategic partnerships with leading accounting firms throughout Singapore and Malaysia.
Globally FinTags’ XBRL services covers UK (HMRC, Companies House), Ireland (Revenue), South Africa (CIPC), Singapore (ACRA) and Malaysia (SSM). FinTags is ISO certified for Information Security and Quality. FinTags is also recognised XBRL services provider officially by HMRC (UK) and CIPC (South Africa).
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