Ebook
Transforming the Finance Function: Why ESMA’s ESEF is a Good Place to Start
ESMA’s European Single Electronic Format (ESEF) requires listed companies in the EEA to publish annual financial reports in XHTML with IFRS statements tagged in iXBRL. While seen by some as a compliance burden, it offers finance teams a quick win to automate manual reporting processes, freeing time for strategic analysis. Automating data gathering, tagging, and formatting reduces errors, ensures consistency, and enhances collaboration while preserving familiar tools like Word and Excel. Case studies, such as easyJet, show automation streamlines reporting, improves accuracy, and allows finance teams to focus on insights that drive business growth.
