eXtensible Business Reporting Language (XBRL) - an Update - IFAC

eXtensible Business Reporting Language (XBRL) - an Update - IFAC eXtensible Business Reporting Language (XBRL) - an Update - IFAC

22.01.2014 Views

Fujitsu - "How XBRL Transformed Fujitsu's IT Platform"

The ROI at Fujitsu XBRL GL used to provide a standardize layer of information and business rules across some 150+ disparate internal systems Prior Processes Manual access to trial balance level data contained across disparate business unit systems Redundant business rules within each of the disparate business unit systems Multiple data uses required additional input, excessive labor cost, poor data quality and timing. Process Inflexibility via physical integration of disparate systems w/ 1269 interfaces Enhanced Processes More detailed and automated access to business unit ledger detail enabling better insights for better decisions Centralized management and control of information models and business rules executed across disparate systems Reduction of indirect costs and enhancements in data quality and availability of relevant information Process Agility via standardized interoperability of disparate systems

The ROI at Fujitsu<br />

<strong>XBRL</strong> GL used to provide a st<strong>an</strong>dardize layer of information <strong>an</strong>d business<br />

rules across some 150+ disparate internal systems<br />

Prior Processes<br />

M<strong>an</strong>ual access to trial bal<strong>an</strong>ce level<br />

data contained across disparate<br />

business unit systems<br />

Redund<strong>an</strong>t business rules within each<br />

of the disparate business unit systems<br />

Multiple data uses required additional<br />

input, excessive labor cost, poor data<br />

quality <strong>an</strong>d timing.<br />

Process Inflexibility via physical<br />

integration of disparate systems w/<br />

1269 interfaces<br />

Enh<strong>an</strong>ced Processes<br />

More detailed <strong>an</strong>d automated access<br />

to business unit ledger detail enabling<br />

better insights for better decisions<br />

Centralized m<strong>an</strong>agement <strong>an</strong>d control<br />

of information models <strong>an</strong>d business<br />

rules executed across disparate<br />

systems<br />

Reduction of indirect costs <strong>an</strong>d<br />

enh<strong>an</strong>cements in data quality <strong>an</strong>d<br />

availability of relev<strong>an</strong>t information<br />

Process Agility via st<strong>an</strong>dardized<br />

interoperability of disparate systems

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