Taxonomy Viewer new and improved release

Semansys Taxonomy Viewer, your ticket to understanding XBRL taxonomies, is now new and enhanced. This latest release is easier to use and will help you understand taxonomies better and quicker.

[click here]

Book: Taxonomies explained

Semansys has delivered another contribution to the XBRL Community. The well known and much used book “XBRL Taxonomies for beginners and do’ers” which is about explaining XBRL for users has been updated. The additional modules of the XBRL specification are now included and explained. This includes the versioning, formulas, dimensions and rendering.

[Download the book (in Dutch) in pdf]

Book: Understanding XBRL
Challenges for Software vendors, A roadmap

The wide experience of Semansys in supporting software vendors in the choices and implementation of XBRL is now collected in a new book. The experts of Semansys have delivered a handy booklet to assist any software vendor or IT department in understanding the challenges on implementing XBRL. The book provides a explanation of XBRL from software point of view, summarizes the make or buy issues and tries to give a roadmap for implementation.

[Download the book in pdf]

Semansys teams with Cognos to facilitate corporate filing in XBRL.

Users of IBM Cognos 8 Controller enabled to fulfill regulatory reporting requirements by using Semansys XBRL Reporter solution.

Semansys Technologies, a leading vendor of XBRL based software solutions, today announced it is working with Cognos, an IBM company and the world leader in business intelligence and performance management solutions, to provide XBRL functionality to users of IBM Cognos 8 Controller.

[Read the full press release]
[Download the press release in pdf]

Microsoft Dynamics features XBRL by Semansys

Users of Microsoft Dynamics meet reporting requirements through XBRL functionality by technology leader Semansys Technologies.

Semansys Technologies, a leading vendor of software solutions for financial reporting and XBRL, has announced it will offer XBRL functionality to users of Microsoft Dynamics. This will allow users of Microsoft Dynamics to effectively and efficiently meet reporting requirements involving the global standard XBRL. In most countries in Europe and Asia, regulators, tax authorities, statistics agencies and banks are asking companies to report in this standard.

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[Download the press release in pdf]

Semansys introduces xbrlOne Webservices Platform for XBRL.

XBRL generation, validation, reception and benchmarking made available as a service through the Internet or corporate intranets.

Semansys Technologies, a leading vendor of XBRL based software solutions, introduces the xbrlOne Web Services platform which provides a complete set of XBRL related functionality with all the benefits of a Service Oriented technology architecture. The platform allows for loosely coupled integration with business software systems, and instantly provides for all XBRL related requirements from software vendors, corporations and financial service providers.

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[Download the press release in pdf]

Semansys presents new software for XBRL taxonomy viewing

Software leader aims to encourage XBRL global adoption through tooling that is easy to use and affordable.

Semansys, a leading provider of XBRL business reporting and monitoring solutions, introduces today Semansys Taxonomy Viewer 3.0, the latest version of this widely used software product. The Taxonomy Viewer is applied around the world to explore and understand taxonomies, or to explain taxonomies to others. The software application reveals the structure and concepts concealed in the complicated XBRL standard.

[Read the full press release]
[Download the press release in pdf]

Health care adopts XBRL

XBRL is making inroads in health care. The Dutch Z-E Magazine wanted to know more and approached Paul Snijders, CEO of Semansys Technologies. He explained what XBRL brings for health institutions and what they should do to use its potential. Z-E Magazine is a leading publication for business management in health care.

Download the article in Dutch

Research shows savings of 75% through Semansys XBRL solutions

KPMG, IBS Nederland and Semansys presented a research on the benefits of Semansys XBRL solutions for financial reporting by municipalities. The promise of greater efficiency and ease has clearly been realized and savings of as much as 75% have been reported.

Unit 4 Agresso and Semansys co-operate to facilitate XBRL

Annual reporting requirement fulfilled by a single keystroke

Accountants who are using Unit 4 Audition for composing annual reports can communicate more easily and efficiently with the Dutch Tax Authority, the Chamber of Commerce and regulators. A partnership between Semansys Technologies and Unit 4 Agresso Accountancy resulted in easy to use functionality to convert annual reports in the XBRL format.

[read the press release]

First XBRL report submitted to new portal of Dutch Chamber of Commerce

[read more in Dutch]
[read the press release in Dutch]

Semansys announces XBRL Reporter

Digital reporting made cheap and easy for preparers and software vendors.

XBRL Reporter is the software tool that makes XBRL based digital reporting affordable and practical for all organizations worldwide. The Reporter is designed to hide XBRL from the user and turn report preparation into a trivial task. Vendors of business software can use the XBRL Reporter to instantly satisfy customer requirements. Semansys announced this product, that will be released in the first quarter of 2007, at the XBRL International conference in Philadelphia.

[read the press release]

Taxonomy Viewer new and improved release

Semansys Taxonomy Viewer, your free ticket to understanding XBRL taxonomies, is now new and enhanced. This latest release is easier to use and will help you understand taxonomies better and quicker.

[click here]

Semansys co-signs agreement to realize cost reduction for businesses.

On June 9th 2006 a covenant was signed by four Dutch ministries, the main Dutch employers’ organisations and about 50 financial service providers, software vendors and consultancies to introduce the Dutch National Taxonomy. This is a major milestone on the road to reduction of administrative burden that has been laid out by XBRL Netherlands and initiator Semansys in 2002. The nation wide adoption of digital reporting has been made possible by the first large deployment of XBRL for Dutch local government in 2003 and the design of the Dutch National Taxonomy architecture in 2005, two of Semansys’ many ground breaking projects.

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Semansys and Microsoft introduce Compliance Suite

Compliancy to corporate and regulatory reporting requirements facilitated through digital reporting using familiar functionality.

Read the press release or a product description

XBRL project rewarded with national prize for use of open standards

The national reward for ‘Most Open Government Body in The Netherlands' has been adjudged to the Association of Water Boards for their ground breaking project for implementing digital reporting with XBRL.

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CODA accounting software XBRL-enabled by Semansys.

CODA Group, a leading global provider of financial intelligence, accounting and procurement software, has decided to enhance its best-of-breed solutions with XBRL based digital reporting solutions by Semansys Technologies. This partnership, initiated to service de-central government in The Netherlands through Semansys BBV Reporter, will allow users of CODA accounting solutions to generate financial and business reports in XBRL and meet regulatory requirements.

The Netherlands to save euro 420 million through XBRL

The Ministry of Justice of The Netherlands has defined a leading role for XBRL in its plans for reducing administrative burden. In the list of most effective measures, using XBRL for annual reporting is in pole position.

[click here]

XBRL 2.1 compliant taxonomy builder available

The XBRL 2.1 compliant release of Semansys Taxonomy Builder is now available. Use this product to convert existing taxonomies and build new ones while using the full potential of XBRL 2.1.

[click here]

Regulator presents first approved Dutch taxonomy

During the 8th XBRL International Conference in Seattle the Dutch regulator CBS (Statistics Netherlands, a department of the Ministry of Economic Affairs) presented its first official taxonomy. CBS started working with XBRL this summer and considers themselves a “second generation taxonomy builder” focussed on practical use. Marco Roos of CBS was able to create a complete taxonomy including 641 newly defined reporting items within about a month, without any training, using the award winning Semansys XBRL Composer. The CBS taxonomy is used for reporting by the Dutch Water Boards and includes one of the internally accepted global taxonomies. The taxonomy was well received by the XBRL specialists assembled in the Domain working group of XBRL International. Currently Marco is working on new taxonomies for use by municipalities and various other decentral government entities.

Dutch Water Boards select Semansys’ XBRL solutions

Efficiency and quality gains are the driving forces behind the decision to apply digital reporting and Semansys’ solutions by 16 of the Dutch Water Boards. The Water Boards, CBS and leading vendors have teamed up to realize one of the first implementations of XBRL. The start of a wide deployment of XBRL in Dutch local government.

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Dutch Central Government about XBRL: Adopt or Explain.

The Ministry of the Interior of The Netherlands informed all 489 municipalities and 12 provinces about the requirement to provide financial reports in XBRL as from 2004. This initiative is part of a larger national program to improve the quality of external information provisioning and involves quarterly reporting to the regulator CBS. Semansys is working with the major accounting software vendors to ‘XBRL-enable’ their applications and meet their customers’ deadlines.

Download the official document in PDF from www.cbs.nl/kredo
(Dutch language)