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An integrated approach to plug-and-play reporting

Qualified Information Exchange

21st Century Business Reporting
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Qualified information exchange at work

The issue

Isn’t it strange that we must await our companies’ annual results for months, but then see them presented over flowers cut the other day a continent away? How is it that we can order the best exotic food just around the corner 24/7, while our governments must base next year’s policies on last year’s statistics?
The finest physical products flash around the world. Business information is slow and sub-quality. Why is that?

The solution

For all the resources we spend on reporting chains, we have good reason to give them a closer look. How do they work? Do they do what they must do? And, if we are dissatisfied with the process, the outcome or both, what should we do to improve?

‘Qualified Information Exchange’ answers these questions and shows how we can make our reporting up to date.
In 162 pages this book presents a level-headed description of the information challenge of the 21st century, accessible to all who face it. The authors have facilitated the successful implementation of standard business reporting in the Netherlands from its very beginnings. Quality improvements have been considerable. Cost savings amount to almost EUR 200 million annually in the Dutch tax chain alone. Possibilities for wider use are manifold.

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Qualified information exchange at work

The Standard Business Reporting (SBR) program

Qualified information exchange draws on a long Dutch tradition of public-private cooperation. In 2007, the first XBRL reports were securely delivered to the Tax and Customs Administration and the Chamber of Commerce. Today, millions of business reports are being exchanged, using a Dutch standard for simplification and harmonization of data definitions, electronic reporting and information processing. Benefits for the government and the business world have been enormous.

‘Challenging the Chain’

420 pages of in-depth knowledge of the conceptual and technical solutions that go into standard business reporting. A book for policy makers, managers, IT specialists and architects looking to engage in the necessary large-scale public-private transformations.
Available in print and as a free download.

Working together

If your organization is working on qualified information exchange and willing to share views and experiences, please don’t hesitate to contact the authors.

The authors

The authors

At the start of the millennium, Niels de Winne was the first to ‘reverse the reporting chain,’ shifting the emphasis from those who inquire to those who report. His contribution to standardization has proven essential to the development of eGovernment.
Sebastiaan Bal, a chartered accountant who audited listed companies, has realised his vision of change as one of the architects of digital annual reporting and assurance in the Netherlands.
Well-versed in both the arcane theory and the mundane practice of formal reporting, Remco van Wijk is an ardent and inspiring champions of qualified information exchange.
All three authors have facilitated the successful implementation of standard business reporting in the Netherlands. Their expertise was recorded in the textbook, ‘Challenging the Chain’ in 2015.