Semansys' experience in automating reporting processes combined with state-of-the-art e-business messaging leads to a practical solution for exchanging digital reports.

TIE, leader in B2B Integration software, and Semansys Technologies have created a complete set of tools for the preparation, transmission and processing of XBRL reports. This XBRL Suite is available today and allows organizations to benefit from established eReporting facilities and practices. TIE also provides Consulting & Training Services, Implementation and Support (Helpdesk) for XBRL. Semansys is the first company worldwide to implement XBRL in actual reporting processes and bring XBRL 'in production'. TIE is the first company in Europe to issue its quarterly report in XBRL and plans to issue its annual report for 2004 also in XBRL.

eBusiness standardization has been going on for over 20 years. Many successes have been achieved and many companies are using the standards to communicate with each other in an efficient manner. In 1999 UN/CEFACT and OASIS started ebXML, a new global eBusiness standard based on XML. The standard has delivered a stable infrastructure with secure and reliable messaging for B2B and is well on the way to deliver a semantic framework for electronic eBusiness transactions, which is by far the hardest problem to solve. XBRL solves the semantic problem. ebXML Messaging is the most suitable framework for the controlled, secure and reliable exchange of XBRL instance documents.

As a Public Company TIE has to comply with IFRS. Therefore, TIE is its own showcase for XBRL. Given TIE's elaborate experience in eBusiness Standardization, it can provide valuable help for customers that want to implement XBRL.

The TIE XBRL Suite is usable for external and internal reporting. It allows companies to build or extend taxonomies, convert internal accounting data into XBRL, provides a secure and reliable infrastructure for the submission of XBRL instance documents over the Internet. Partner management, tracking, tracing, logging and archiving are key components of the management of XBRL messaging.
On the receiver's side the XBRL suite allows companies or regulators to manage the flow of XBRL Instance Documents, convert them to a format that can be processed by the internal application or by Semansys analytical tools provided by TIE.  

Semansys XBRL Composer now has an optional additional module, automating the transmission of XBRL reports through ebXML. The Composer now offers automated secure, efficient and reliable messaging according to open standards and allows for immediate deployment in any public reporting chain.

Visit TIE Holding for more information.