We created a global standard digital semantic information block that is easy for the average CFO or controller to use.
Here is one example of a semantic information block. What you see below is a multidimensional roll forward information pattern.
These are multi-dimensional tables of data that are (a) readable and understandable to both humans and machines (b) are built to be shared over the Internet and (c) cryptographically reinforced. Here are some of the features of the global standard digital semantic information blocks:
- Output format in PDF, HTML, .XLS, MSWORD and can be represented in the global standard technical syntax XBRL (Extensible Business Reporting Language).
- Semantics follow standard business report semantics of XBRL-based reports, and OMG’s forthcoming Standard Business Report Model (SBRM) logical conceptualization of a business report.
- Uses a global standard multidimensional model which supports n-dimensional hypercubes.
- The hypercube models and the underlying facts are are editable and exchangeable. Hypercubes are editable (i.e. extensible, customizable) by business professionals.
- Hypercubes support common mathematical computational patterns such as roll ups, roll forwards, restatements due to errors, variances between different reporting scenarios. (i.e. not limited to only roll ups like OLAP).
- Rules are declarative and separated from the data itself.
- Hypercubes can be related to other hypercubes.
- Hypercubes supports both numeric and textual information equally well.
- Semantic oriented as contrast to being presentation oriented (i.e. workbooks, sheets, rows, columns, and cells).
- Logically constrained.
- Unicode.
Mechanized constraints are applied to each customizable reporting model. Creating models allow the re-use so reporting processes are repeatable and are able to be outputted in any format. Create once. Report many times.
We abstracted away all of the complexities inherent in financial reporting so you can focus on managing your business.
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