There are many alternatives to help companies prepare XBRL-tagged financial information for regulatory filings. XBRL.org provides a listing of many of the organizations that provide these alternatives (http://xbrl.org/ frontend.aspx?clk=SLK&val=96). Identify two service providers, one that provides outsourcing services for the tagging/filing process and another that helps complete the process internal to the company. What do each of the vendors purport to be their strengths? (For example, the outsource vendor will likely provide reasons why outsourcing is the preferred method, while the internal software provider will likely claim the converse.) What are weaknesses of each alternative?
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