soa and xbrl gl: using xbrl gl to achieve data integration neal j. hannon, cma xbrl editor,...
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![Page 1: SOA and XBRL GL: Using XBRL GL to Achieve Data integration Neal J. Hannon, CMA XBRL Editor, Strategic Finance Magazine University of Hartford](https://reader036.vdocuments.mx/reader036/viewer/2022062515/56649d2b5503460f94a000cf/html5/thumbnails/1.jpg)
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SOA and XBRL GL: Using XBRL GL to Achieve Data integration
Neal J. Hannon, CMA
XBRL Editor, Strategic Finance Magazine
University of Hartford
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Linked Applications Rule the 90’s
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BUT….Companies are becoming buriedin an avalanche of unstructured,undisciplined data
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• Service-Oriented Architecture (SOA) expresses a perspective of software architecture that defines the use of services to support the requirements of software users.
• Unlike point-to-point architectures, SOAs comprise loosely coupled, highly interoperable services. These services interoperate based on a formal definition (or contract) which is independent from the underlying platform and programming language (e.g., WSDL).
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• “An SOA is the big picture of all the business processes and flows of a company. It means businesspeople can visualize, for the first time, how their businesses are constructed in terms of their technology.”
• “An SOA is the blueprint that guides the development of the integration layer and its two major components:
messaging infrastructure and services.”
Source: CIO Magazine
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The sea-change that is now occurring is that integration has itself become the dominant model of computing.
--Tim Jennings, Research Director
The sea-change that is now occurring is that integration has itself become the dominant model of computing.
--Tim Jennings, Research Director The Butler Group
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Linking Processes with Web Services: SOA
The days of gigantic one size fits all program are over. System architects can seamlessly link major business processes of a company together using XML and XML technologies.
XML (XBRL), SOAP, Web Services, can all be “trained” to discover applications and business processes, execute commands and apply meta-data to the core business facts.
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What if..
Instead of applications, businesses used data as the center of their information gathering universe?
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ProcessedBusiness
Fact
Meta-data Capsule
Date
Currency
Precision
Data type
Sarbanes-Oxley Audit
Indicator
BusinessRule Check
Language
PresentationOrder
Information Rich Data
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Business DataVarious formats, Structures,Platforms
Governance& Security
Application Integration Layer
XML, Web Services, XBRL-GL
Sarbanes-OxleyCompliance
Continuous Audit
ForensicAccounting
InternalAuditing
ExternalAuditing
Business Reporting
Scorecarding
KPI’s
Board AuditCommittee
SEC Reporting
Budgets
Monthlyreporting
Desk-topManagement
Data-CentricEnterprise Reporting
Real-Time Reporting
ExceptionHandling
Bus.ProcessMonitoring
BusinessRules
XBRL Fin. Reporting
SOA
BusinessIntelligence
DrillDown
BAM
DataMining
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Wacoal, the leader in designer intimate apparel in the United States, Japan, Asia and Europe is internationally known for the best fitting, highest quality bras in the world. After nearly two decades of success in America, Wacoal continues to offer luxurious intimate apparel made from exquisite laces, embroideries, and the finest fabrications, tailored to create the perfect fit.
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■ Revenue: 162.8 billion JPY ($1.4 billion)
■ Subsidiary company: 22Affiliated company: 5
■ Employees: About 4,600
The company's history of manufacturing, technology, and expertise made the company the perfect choice for Donna Karan. Wacoal is the exclusive licensee for Donna Karan Intimates and DKNY Underwear & Intimates.
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WACOAL New Financial System
*「 Oracle E-Business Suite 」 is trademark of Oracle
HITACHI and XBRL GL: “SPEED” & “COST”
■ Manage all financial information in whole WACOAL group■ Integrate with many kinds of legacy systems,
which run on Mainframe, Minicomputer, UNIX, or PC Servers■ Oracle E-Business Suite as ERP
Oracle E-Business Suite
AP
EIS
IR
AR
Purchasing
Sales
Materials
Workflow
Inventory
Business Systems Integrate financial Information
WACOAL groupHeadquarters
DivisionsConsolidated Companies
GL
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XBRL GL Auto Journalizing System■ Easy integration and maintenance between Legacy systems and
Oracle E-Business Suite by using XBRL GL as standardized interface■ Translate many kinds of document data from many kinds of legacy systems,
which run on Mainframe, UNIX, or PC Servers, to Financial data■ 2 Layer structure, which consist of XBRL GL Conversion Engine and
Add-on business logic, make logic addition and/or modification easy
Business Systems
OracleE-Business Suite
Purchasing
Sales
Wages
XBRL GL Auto JournalizingXBRL GL Auto Journalizing
Add-onsJournalizing
XBRL GLConversion Engine
GL
AP
AR
XBRL GLDocuments
XBRL GLFinancial
Information
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Additional Applications:
– Insert Pilot program details here
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Summary
– Companies are moving to SOA, treating data as the center of systems architecture
– XBRL-GL is well suited for handling internal financial data in a Web Services/SOA environment
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XBRL GL:
International Data Representations