DFIN achieved record software solutions net sales of $82.2 million, a year-over-year increase of 12.3%, or (13.6% on an organic basis), in our 3^rd quarter 2024 earnings results, announced this week.  Software solutions net sales accounted for 45.8% of total net sales, up from 40.7% in the third quarter of 2023, and the highest percentage of our sales mix attributable to software solutions achieved to date.

OneStream, in collaboration with Wilson Sonsini and DFIN subject matter experts, used ActiveDisclosure financial reporting and SEC filing software to optimize IPO process efficiency.

The European Single Electronic Format (ESEF) is the electronic reporting format in which issuers on EU regulated markets must prepare their annual financial reports. Listed entities in Europe must file their annual report in the digital European Single Electronic Format (ESEF).

In the latest White Paper, ESEF Annual Reporting Inline XBRL Explained, DFIN explains how using iXBRL formatting will improve data quality, accessibility and continue the modernisation of financial and sustainability reporting.

In it, you’ll learn:

STAAR Surgical was successfully using ActiveDisclosure for financial reporting and SEC filing, and greatly benefited from the easy-to use and time-saving collaboration it enabled among its financial team. They wanted to experience similar benefits during their proxy disclosure projects involving legal staff, financial staff and others. 

As Opera continues to grow and its finance and reporting team is facing an ever-expanding scope of responsibilities and tight deadlines, they needed a future-proof software solution for SEC filings and ESG reporting.

Every year in connection with the annual shareholder meeting, and sometimes more often in the case of a special meeting, public companies must file a proxy statement. Proxy statements outline various plans for the company to shareholders, from the election of directors, to pay for executives, approval or amendment of equity plans, and even shareholder-sponsored proposals should any be received. The proxy is a requirement for any company with public securities and must be filed with the Securities and Exchange Commission as proscribed in SEC Form DEF 14A.

The Compensation Discussion and Analysis (CD&A) section is one of the most important parts of the proxy statements that public companies must file with the Securities and Exchange Commission. It provides a detailed narrative that outlines how executive compensation decisions are made and describes how these decisions align with shareholder interests.

The Corporate Sustainability Reporting Directive (CSRD) is a new European Union regulation that requires companies to provide more detailed reports on their environmental, social and governance (ESG) practices.

Singapore-based Hummingbird Bioscience is a rapidly expanding biotechnology firm, a key strategic initiative for the organization is to establish a comprehensive financial reporting framework to effectively support the company's growth objectives.

Having assessed various solutions, DFIN’s ActiveDisclosure stood out with the most straightforward onboarding process owing to its proprietary connectivity features with Microsoft Office applications, which syncs seamlessly with the team’s daily use of Microsoft Word and Excel.

Chemours was experiencing difficulties getting their filing done efficiently and accurately. It was a cumbersome process especially for new members of the reporting team. They also weren’t familiar with the steps for XBRL tagging which caused inconsistencies and left room for error.