XBRL is a language for the electronic communication of business and financial data
that provides major benefits in the preparation, analysis and communication of business information. It is
one of a family of "XML" languages which is becoming a standard means of communicating information between
businesses and on the internet.
(Oracle | Hyperion XBRL Consulting)
eXtensible
Business
Reporting
Language Consulting (Oracle | Hyperion XBRL Consulting) offers users cost
savings, greater efficiency and improved accuracy and reliability. Instead of treating financial
information as a block of text - as in a standard internet page or a printed document or flat file – our
Oracle | Hyperion XBRL Consulants will provide you with an identifying tag for each individual item of
data. These tags identify and characterize the data for other systems. For example, company net profit has
its own unique tag.
By using XBRL tags, you can automate processing of business information through different software
solutions, cutting out laborious and costly processes of manual data entry, reformatting and
reconciliation. XBRL capable software solutions can read XBRL data "intelligently": recognizing the
information in a XBRL document, select it, analyze it, store it, exchange it with other systems and
present it automatically in a variety of ways for users. Our Oracle | Hyperion XBRL consulting can
greatly increase the speed of handling of financial data, reduces the chance of error and permits
automatic checking of information.
Companies using our Oracle | Hyperion XBRL consulting services can save costs and streamline
their processes for collecting and reporting financial information. Consumers of financial data, including
investors, analysts, financial institutions and regulators, can receive, find, compare and analyze data
much more rapidly and efficiently if it is in XBRL format.
XBRL can handle data in different languages and accounting standards. It can flexibly be adapted
to meet different requirements and uses. Data can be transformed into XBRL by suitable mapping tools or
it can be generated in XBRL by appropriate software.
Hyperion xbrl extensible business reporting language supports U.S. GAAP, International Accounting
Standards, local statutory requirements for financial consolidation and reporting, and U.S. Auditing
Standards. Our Oracle | Hyperion XBRL consulting shortens the reporting process thanks to a collaborative
approach that ensures information is reviewed prior to submissions; it also adds dimensions for profitability
and external reporting, reducing the need for additional reporting systems and reconciliation procedures.
Our Oracle | Hyperion XBRL consulting will improve the accuracy and speed of financial reporting in Hyperion
xbrl extensible business reporting language by providing more automated financial reporting and filing
capabilities than presently available.
Pinnacle Group Worldwide is committed to improving the financial consolidation and reporting of
your business. Oracle | Hyperion XBRL consulting is one of the many tools we use to help your company
Achieve New Heights.
Our
Hyperion Certified consultants have years of experience in both xbrl extensible business reporting language and Analysis and Information Systems, and many
hold advanced degrees.