Nueronic Consulting

XBRL stands for eXtensible Business Reporting Language. XBRL is part of the XML family. XBLR is a new, “XML-based framework that the global business information supply chain will use to create, exchange, and analyze financial reporting information including, but not limited to, regulatory filings such as annual and quarterly financial statements, general ledger information, and audit schedules.”
XBRL, is free and it already in use by big financial corporations around the world. It will provide the ability to organisation to seamlessly integrate data and incorporate financial information throughout  the organisation transparently and allow manages to take decisions instantly based on  on-demand and real time information.

Up until now there was no effective way for organisation to interchange financial data between applications and often companies had to manually compile information from a big number of locations resulting in an ineffective and timely process that hindered the productivity and effective management of the organisation.

XBRL , will empower analysts, economists , regulators and investors, gather, analyze and interpret financial data. XBRL achieves this by “tagging” each piece of financial data, rather than treating data as, text, integers or documents, for example the company’s net profit will have it’s own tag which will be computer readable. Data can be transformed into XBRL by dedicated mapping tools, or can be generated by appropriate software.

If you want to learn more on XBRL i reccomend this book.

A number of businesses have visions to break into e-commerce. Either straight away or having a clicks and bricks model generating revenue through both routes.
Unfortunately even today a lot of businesses do not think through whether it would be worth the cost, the development and more importantly the time to investment in e-commerce, resulting in unsuccessful and unprofitable business.

Businesses have to consider moving into e-commerce seriously. It is not a must of the digital era, (“lets built an online shop, because everyone else does!”) but rather another means of generating profit, and gaining the competitive advantage against potential competitors- if indeed e-commerce is a viable option and will offer business value which will radically transform the organisation.
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Thinking of buying a CMS, or  using one of the ope source CMS freely available on the web. Have you thought of what your business requirements are? If he answer is yes, then your CMS should more or less be aligned with your overall business strategy. Content is the key and will offer you much more traffic to your site, and get your site higher up in search engine results.
I have recently completed a basic specification for a CMS, and this is the feature list I ended up with after interviewing a number of users from different businesses and  reviewing a  number of open source CMS.

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