The TIE XBRL Business Integration suite enables companies to build or extend Taxonomies and convert internal accounting data into XBRL. The TIE XBRL product suite provides a secure and reliable messaging infrastructure for the submission of XBRL reports (Instance Documents) over the Internet.  Partner management, tracking, tracing, logging and archiving are key components of XBRL messaging.

On the receiver’s side the TIE XBRL product suite enables companies and regulators to manage the flow of XBRL Instance Documents. In a fully automated process, XBRL Instance Documents can be validated, converted to any format and integrated into a financial analysis or consolidation applications.

• Data Collection and Reporting

By using XBRL, companies and other producers of financial data and business reports can automate the processes of data collection.  For example, data from different company divisions with different accounting systems can be assembled quickly, cheaply and efficiently if the sources of information have been upgraded to using XBRL.  Once data is gathered in XBRL, different types of reports using varying subsets of the data can be produced with minimum effort.  A company finance division could quickly and reliably generate internal management reports, financial statements for publication, tax and other regulatory filings, as well as credit reports for lenders.  Not only can data handling be automated, removing time-consuming, error-prone processes, but the data can be checked for accuracy.

Small businesses can benefit alongside large ones by standardizing and simplifying their assembly and filing of information to the authorities.

• Data Consumption and Analysis

Data that is received electronically in XBRL can automate the handling process, cutting out time-consuming and costly collation and re-entry of information.  Software can also validate the data, highlighting errors and gaps that can immediately be addressed.  It can also help in analyzing, selecting, and processing the data for re-use.  Human effort can then be switched to higher, more value-added aspects of analysis, review, reporting and decision-making.  In this way, investment analysts can save effort and simplify the selection and comparison of data, deepening their company analysis.  Lenders can also save costs and speed up their dealings with borrowers and   Regulators and government departments can assemble, validate and review data much more efficiently.

XBRL Taxonomy Editor

Use XBRL Taxonomy Editor to extend existing Taxonomies, or create and maintain your own.

• Compose taxonomies from scratch for corporate or external use
• Merge existing taxonomies to comply with several reporting standards
• Combine taxonomy items to compose your own taxonomy
• Browse taxonomies to obtain insight into the taxonomy definition
• Validate taxonomies to ensure you  comply with XBRL standards

XBRL Composer

Use XBRL Composer to create XBRL reports (Instance Documents) from your internal accounting data.

• Easily assemble the elements to be included in your report
• Store and maintain reporting templates for future re-use
• Automatically import data from your ERP or accounting system or enter data manually
• Browse your report data to ensure accuracy and completeness
• Encrypt report data to guarantee privacy
• Validation of reports to ensure XBRL standards compliance
• Keep track of multiple report versions

XBRL Composer helps you automate and secure the entire reporting process

XBRL Integrator

XBRL Integrator gives the receiver of XBRL Instance Documents the ability to validate and  convert documents into the required format and then integrate this data into a financial analysis or consolidation application. XBRL Integrator runs in batch mode and does not require any user intervention.

• Easily validate XML syntax, XBRL taxonomies and XBRL Instance Documents to ensure accuracy and completeness of the financial data
• Rapidly convert XBRL data into the required format
• Directly integrate financial data into relational databases such as Oracle, SQL Server, DB2, Informix and Sybase
• Keep informed of progress made as your databases are updated
• Store validated XBRL Instance Documents in an XML database. these so stored, can always be reused for different purposes

TIE’s extensive experience in eBusiness standardization and development of Business-to-Business integration software has made XBRL a natural complement to TIE’s core business. For more than a decade, TIE has expertise in extracting data from internal systems converting it to a globally accepted standard and  is transmitting it to business partners in a secure and reliable way. By utilizing this know-how in the world of Electronic Business Reporting, TIE enables you to reap the full benefit of XBRL.