Beyond Financial Reporting

1
Beyond Financial Reporting

• What are people doing with all these numbers
  anyway?

2
Overview

• Does XBRL end at the report?
• To us it is just the beginning.
• XBRL as a Solution
• Solution Examples
• Underwriters Workbench as an Example

3
Business needs for detailed financial information

• Analysis and modeling
• Selling decisions
• Prioritizing
• Profiling businesses
• Trading partners
• ERP Systems
• Credit risk assessment / scoring

4
XBRL is a Solution

• We look at XBRL as a solution to many business
  problems not simply as delivery mechanism.
• Its not just the document, the numbers and their
  context have value, too
• Industry Standards provide for easier
  integrations into existing applications.
• End users of applications will never know their
  work product is XBRL. Applications will do the
  deciphering to expediantly move work product
  along the Information Supply Chain

5
Solution Examples

• Where do we see people using XBRL today and in
  the future?
• Analysis
• Credit Risk
• Underwriters workbench
• Trade worthiness
• Decision and Support
• ERP Vendor ROI Calculator
• Audit
• Comparison against peers
• Sales
• Sales Calculators

6
Underwriters workbench

• How to rapidly determine risk while minimizing
  errors?
• Automate existing processes
• Adding key financial metrics via XBRL into
  spreadsheet-based model
• Benefits
• Increased accuracy
• Focus on analysis, not data gathering

7
Auto Populating Financial Analysis
8
Auto Populating Financial Analysis
9
Auto Populating Financial Analysis
10
Questions