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Semansys XBRL Composer |
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The award winning application
for digital reporting |
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The Semansys XBRL Composer is designed to facilitate optimal productivity to every financial professional who publishes business data in XBRL. This software application supports the XBRL professional defining reporting standards for a corporation and producing daily reports, as well as the controller reporting a statement once a year. It adds XBRL reporting capabilities to any available ERP or accounting system on any platform. Semansys XBRL Composer is your fastest route to flexible and efficient, internal and external reporting. |
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Benefits of XBRL |
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The global standard for business reporting XBRL is more than
just a standard. It uses semantic data representations. This
leads to many benefits to those involved in reporting. XBRL
rules out interpretation and reproduction errors, enables automation
of reporting processes, accelerates implementation of new reporting
requirements and standards, provides flexibility in reporting
formats and much more. |
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Reporting
in XBRL |
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The
essence of XBRL is that the data to be reported is separated
from the reporting principles used. Therefore XBRL uses so called
taxonomies;
files in which the reporting principles are defined. These taxonomies
can be global (IAS), industry specific or organization specific.
You can use published taxonomies or make your own. An XBRL report
is produced by mapping your data to the taxonomy of your choice
and publishing the resulting document with reference to the
taxonomy used. The receiver can view the document using a style
sheet or read the data directly into an accounting or analysis
system. |
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Capabilities
Semansys XBRL Composer |
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Semansys XBRL Composer supports all of these steps, all the
way:
- Production
and maintenance of taxonomies;
- Creation of
XBRL reports;
- Management of
the reporting process.
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Production
and maintenance of taxonomies |
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Semansys XBRL Composer
is the most effective tool to:
- Compose taxonomies
from scratch, in case you are developing taxonomies for
incompany or external use;
- Merge existing
taxonomies into one, in case you need to comply to several
reporting standards;
- Mix taxonomy
items, for composing your own taxonomy based on for example
a combination of internal and external requirements and
definitions;
- Browse taxonomies,
in order to obtain insight in the definition or select one;
- Validate taxonomies,
to be sure your taxonomy complies with XBRL standards.
Building a Taxonomy
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Creation
of XBRL reports |
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Semansys XBRL Composer is the most convenient application
for:
- Assembly of
elements to be reported, allowing you to quickly make a
selection of the data you need to include in your report;
- Management of
reporting templates, to store and maintain reporting formats
you will need again in the future;
- Data entry,
supporting the manual entry of data;
- Data Import,
to facilitate the automatic transfer of data from your ERP,
accounting or whichever system or systems;
- Browsing your
report data, in order to be sure your report is correct
and complete;
- Validation,
in order to be sure your report complies with XBRL standards.
- Distribution,
to get the document to the right audience, individuals or
systems at the right moment.
Viewing an XBRL document
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Management
of the reporting process |
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To leverages the potential of XBRL to the max, Semansys XBRL
Composer helps you automate and secure the entire reporting
process:
- Report management,
helps you track versions of reports you created, distributed
or published earlier.
- Authorization,
an indispensable function for anyone who wants only authorized
professionals to read or edit reports.
- Encryption,
to be sure nobody with bad intentions is able to tamper
with your data.
- Scripting, to
allow you to meticulously define repetitive task such as
recurring reports.
- Script execution,
allowing you to run scripts as a black box in order to automate
and secure reporting tasks entirely!
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Benefits
of Semansys XBRL Composer |
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Start using Semansys XBRL Composer if you want to:
- Save time and
money on reporting processes;
- Comply to current
and future reporting requirements;
- Increase the
quality of you business reports;
- Increase the
level of service to your stakeholders;
- Avoid expensive
and complex IT implementation processes;
- Open the door
to daily balance sheets and continuous auditing.
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Availability |
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Use the Professional Edition of Semansys XBRL Composer to
create taxonomies, and publish reports automatically and securely.
Use the Business Edition if you use standard taxonomies. Choose
the Personal Edition if you merely want to publish reports
in XBRL.
Semansys XBRL Composer
runs on any standard configuration of Windows 95 and up.
Click
here for a functionality overview. |
