SAP Business Objects XBRL Publishing Solution Brief


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SAP Business Objects XBRL Publishing Solution Brief

  1. 1. SAP Solution Brief SAP BusinessObjects Enterprise Performance Management Solutions SAP BusinessObjects XBRL Publishing by UBmatrix STREAMLINING XBRL PUBLISHING The SAP® BusinessObjects™ XBRL Publishing application FOR BUSINESS USERS by UBmatrix simplifies and accelerates the preparation The eXtensible Business Reporting Lan- XBRL Reporting Optimized for SAP of XBRL documents to com- guage (XBRL) specification has clearly Software Environments become the new global standard for municate financial and busi- exchanging financial and business infor- SAP BusinessObjects XBRL Publishing ness data. Fast, reusable mation. With the U.S. Securities and works together with SAP consolidation Exchange Commission (SEC) joining and financial reporting applications to mapping and comprehensive European banking regulators, UK tax enable your staff to prepare XBRL re- validation functions help authorities, and others in mandating its port submissions right from their desk- use, implementing an XBRL reporting tops. Now finance and compliance ensure compliance. solution is no longer an option – it’s a teams can create, interact with, cus- requirement. XBRL enables all account- tomize, and validate all kinds of XBRL ing jurisdictions – both U.S. and foreign documents – quickly and efficiently. – to download, codify, and analyze time- Preparers first assemble financial re- sensitive financial data in seconds. Each ports using: jurisdiction can define its own account- • The SAP BusinessObjects Planning ing taxonomy, a set of agreed-upon, and Consolidation application computer-readable “tags” for individual • The SAP BusinessObjects Financial data items in business reports. When Consolidation application a company reports a figure for annual • SAP Business Suite software revenues, for example, that figure can be tagged in a way that enables almost They can then use the SAP any computer to immediately recognize BusinessObjects XBRL Publishing and categorize it as “annual revenues.” application to tag, transform, and map this data to create XBRL-instance To generate an XBRL-based financial documents. And because SAP statement, you need to choose line- BusinessObjects XBRL Publishing items tags from a regulator’s taxonomy comes with the leading XBRL engine and map them to your financial figures. from UBmatrix Inc., you can be confi- Given that any one company can have dent that your documents are valid for thousands of data items, getting your the taxonomies you use. consolidated financials published as XBRL documents is no small task. SAP BusinessObjects XBRL Publishing That’s why many companies have out- also provides an integrated develop- sourced XBRL tagging and document ment environment for building, extend- generation. But now there’s a less cost- ing, and maintaining XBRL taxonomies. ly approach that also gives you greater This means you can incorporate custom flexibility and control over the process. reporting requirements – for example, to With the SAP® BusinessObjects™ XBRL add information to financial reports Publishing application by UBmatrix, you needed to represent your company can pull data from any consolidation more favorably to investors. application (or other business software) and prepare, review, and analyze data in XBRL documents – quickly and accurately.
  2. 2. Fast, Flexible XBRL Document Speed: Quickly Navigate Taxonomies Generation and Map Data Taxonomies can be large and complex, Translating Microsoft Excel–based containing thousands of elements. SAP reports into XBRL using SAP BusinessObjects XBRL Publishing pro- BusinessObjects XBRL Publishing is vides search and filtering functionality fast and efficient. The first step is to that allows business users to navigate open the XBRL taxonomy you want to them quickly. Using mapping, search, map. The application allows you to re- and filter dialogs, you can browse a tax- Everything you need trieve taxonomies from your desktop onomy hierarchy and perform a full or to support SEC and or from the Web. partial search of concepts and labels. You can use smart filtering to limit the other reporting re- scope of a search to certain areas of quirements is available SAP BusinessObjects the taxonomy, such as the income statement, and access a detailed view directly from SAP – XBRL Publishing works to- of mappings to confirm matches with eliminating the need to gether with SAP consolida- your financial data. procure a third-party tion and financial reporting The drag-and-drop mapping environ- solution from another applications to enable your ment allows you to map concepts, con- texts, and units (such as monetary and vendor. staff to prepare XBRL re- shares) with automatic synchronization port submissions right from between your financial report and the mapping tool. For example, when you their desktops. click on a cell in Microsoft Excel, the Simplification: Empower Users to tagged information is highlighted in the Create XBRL Documents mapping dialog window. You can also When creating XBRL documents, SAP Once loaded, you can view a taxonomy refresh reports with the latest data BusinessObjects XBRL Publishing acts different ways – for example, using without having to remap. as common user interface for users of a list view or a hierarchy tree view. SAP Business Suite software and SAP Additionally, since taxonomies can Finally, SAP BusinessObjects XBRL BusinessObjects enterprise perfor- have thousands of elements, SAP Publishing provides fast, thorough vali- mance management solutions. Busi- Business-Objects XBRL Publishing dation of generated XBRL documents ness users work in a familiar Microsoft offers useful search and filtering tools against the syntax of taxonomy busi- Excel–based environment and don’t that can match your financial concepts ness rules; this way, the right numeric need to learn or work with complex with those in the taxonomy. Once con- values are in the right numeric fields. In XBRL syntax directly. They simply use cepts in the taxonomy are located, you addition, XBRL validates the semantics SAP BusinessObjects XBRL Publishing use drag-and-drop mapping functional- of your data – for example, to confirm to meet all XBRL reporting needs, right ity that’s designed for ease of use. that your balance sheet actually balanc- from their desktops. XBRL instance When all data has been mapped, it’s es. You can also access automatically documents containing the full XBRL validated and outputted in XBRL. You generated reports that identify incom- syntax for each report are always can save a mapped Microsoft Excel plete mappings, distinguish between available. workbook as a template and reuse it in actual errors and detected inconsisten- future reporting periods. It’s that cies, trace errors for fast resolution, simple. and help ensure compliance.
  3. 3. The software also makes it easier to in- potential of XBRL reporting. It supports corporate into reports complementary any taxonomy in use today, and has sources of information stored in Micro- been used to model many of the An integrated develop- soft Word, such as financial table foot- world’s XBRL taxonomies, such as In- ment environment for notes and management discussion and ternational Financial Reporting Stan- analyses. You can attach Microsoft dards (IFRS), U.S. GAAP, and more. building, extending, and Word documents, as well as reference The application also supports basic and maintaining XBRL tax- select content from each document block-text footnotes – a user-friendly when producing XBRL. Footnote en- way to capture both plain text and for- onomies means you tries can be reused any number of matted HTML text. can incorporate custom times, and multiple footnotes can be associated with a given reporting ele- Key Benefits reporting requirements ment. This approach offers the best of – for example, to add both worlds: you can create financial SAP BusinessObjects XBRL Publishing reports in a friendly Microsoft Excel offers you a fast, efficient way to gen- information to financial environment and create text using erate XBRL documents in-house. Now reports needed to rep- Microsoft Word. your business users can create any type of XBRL document you need, as resent your company Flexibility: Use One XBRL Reporting well as tailor it to meet specific require- more favorably to Tool for Every Need ments. As a result, you benefit from: SAP BusinessObjects XBRL Publishing • Reduced time and money spent investors. gives you great flexibility when creating on XBRL document creation – With XBRL reports. Many organizations SAP BusinessObjects XBRL Publish- want to extend their XBRL reporting ing, it’s faster and easier to create A Trusted Solution from SAP beyond standard taxonomies – for ex- financial statements suitable for elec- ample, to differentiate themselves from tronic submission to regulators. SAP BusinessObjects XBRL Pub- competitors by providing extra informa- • Lower audit costs – When your data lishing is an essential part of SAP tion to investors. The application en- is accessible in XBRL, your auditors BusinessObjects enterprise perfor- ables you to design and extend XBRL can “slice and dice” your financial mance management solutions. Now taxonomies using simple drag-and-drop data quickly and easily, enabling them you have an SAP-approved XBRL re- editing functions, such as a business to perform audits faster, more accu- porting tool that’s integrated with our rules editor. You can also define rela- rately, and at lower cost. financial consolidation applications and tionships across extended links (creat- • Greater confidence and compliance SAP Business Suite. Everything you ed by breaking up complex links), as – SAP BusinessObjects XBRL Pub- need to support SEC and other report- well as link base types (the parts of the lishing helps ensure that filings are ing requirements is available directly taxonomy defining the data presenta- accurate, complete, and meet all from SAP – eliminating the need to pro- tion, calculations, labels, and current regulatory requirements. cure a third-party solution from another definitions). • Support for the “last mile” of vendor. finance – The application streamlines In addition, because SAP financial consolidation, reporting, and Find Out More BusinessObjects XBRL Publishing publishing processes without sacrific- For more information, please visit complies with the XBRL 2.1 specifica- ing data quality. tion, you can use it to leverage the full
  4. 4. QUICK FACTS /contactsap Summary The SAP® BusinessObjects™ XBRL Publishing application by UBmatrix enables business users to leverage data in SAP Business Suite software and SAP BusinessObjects enter- prise performance management solutions and prepare eXtensible Business Reporting Language (XBRL) documents. Designed for ease of use, speed, and flexibility, the applica- tion gives you greater control over the XBRL generation process for the communication of financial and business data. Business Challenges • Pressure to implement an XBRL publishing solution quickly • Desire for more control and flexibility than XBRL outsourcing offers • Limited in-house resources who can work with complex XBRL syntax directly Key Features • XBRL taxonomy navigation – Quickly search and filter large, complex taxonomies to find tags relevant for your business data • Mapping – Map taxonomy tags to data using a drag-and-drop mapping environment • Validation – Use comprehensive validation functionality to confirm accuracy and com- pleteness and identify issues • Disclosure inclusion – Link to and import management discussions, disclosures, foot- notes, and other narratives created in Microsoft Word to XBRL documents • Taxonomy extension – Easily extend published XBRL taxonomies to include other information • Compliance – Be confident that your XBRL documents comply with the business rules of third-party taxonomies Business Benefits • Reduced time and effort to create XBRL documents thanks to integration with Microsoft Excel, taxonomy navigation tools, and drag-and-drop functions that simplify mapping 50 093 419 (09/01) Printed in USA. ©2009 by SAP AG. • Lower audit costs because auditors can “slice and dice” your financial data quickly and All rights reserved. SAP, R/3, SAP NetWeaver, Duet, PartnerEdge, easily, enabling them to perform audits faster, more accurately, and at lower cost ByDesign, SAP Business ByDesign, and other SAP products and services mentioned herein as well as their respective logos are • Greater confidence in your financial disclosures because data and mappings are vali- trademarks or registered trademarks of SAP AG in Germany and dated as accurate, complete, and in compliance with business rules defined by third-party other countries. taxonomies Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal Decisions, Web • Increased flexibility and control and lower costs by eliminating the need for XBRL Intelligence, Xcelsius, and other Business Objects products and outsourcing services services mentioned herein as well as their respective logos are trademarks or registered trademarks of Business Objects S.A. in the United States and in other countries. Business Objects is an SAP company. For More Information All other product and service names mentioned are the trademarks Call your SAP representative or visit us online at of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary. These materials are subject to change without notice. These ma- terials are provided by SAP AG and its affiliated companies (“SAP Group”) for informational purposes only, without representation or warranty of any kind, and SAP Group shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP Group products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty.