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What is XBRL?

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.

Extensible Business Reporting Language Consulting

(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 and Oracle Hyperion XBRL Consulting

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.

TITAN-Pinnacle 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.

 
 
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