XBRL is the global open standard for preparing, distributing and analyzing financial statement data and is expected to be mandated as the filing format of the Securities and Exchange Commission in the near-term.

After registering on the portal, TryXBRL.org, corporate finance professionals can educate themselves about the XBRL tagging process and view their own historical financial information in XBRL format. Investors and analysts can experience how XBRL reduces the complexity and costs associated with analyzing performance data.

The site is a collaboration of EDGAR Online Inc., a business and financial information provider, and R.R. Donnelley & Sons Company, a print services company.

"Our goal has been to deliver solutions that do not require technical expertise or excessive time commitments by corporations wishing to take part in the SEC Voluntary Program or to familiarize themselves with XBRL," said Philip Moyer, President and CEO of EDGAR Online, Inc. "We are providing open access to our vast XBRL database through a solution that enables corporations to begin filing XBRL content with the SEC in as little as a few hours."

RR Donnelley and EDGAR Online have collaborated to deliver XBRL filing solutions to corporations since 2005.