The process of mapping financial statements, which involves tagging accounts with elements of the ESEF taxonomy, can be complex. At ParsePort, we aim to deliver the highest quality in this process to meet one of ESMA’s key requirements for ESEF reporting: ensuring a high degree of comparability across different reports.
Our Technical team, backed by an extensive database and rich experience, is dedicated to achieving this goal. They will first review your request to ensure that it aligns with our quality standards and other relevant factors, such as the benefits of automated taxonomy updates.
If their assessment is positive, we will proceed with implementing your suggested solution. If not, our Technical Team will undertake the task of implementing our own mapping solution.
Regardless of the situation, ParsePort aims to ensure transparent and seamless communication and collaboration among supporters, the technical team, and customers. In the event that ParsePort decides to utilize its own mappings, any proposal or scenario will be discussed and communicated appropriately and promptly to ensure alignment and informed decision-making.