UBmatrix has helped some of the world's leading governments and commercial organizations improve the efficiency and accuracy of their information exchange and business reporting. Read some of the stories here:

Wolters Kluwer Joins with UBmatrix to Help Italian Companies Meet Mandatory XBRL Filing Requirement
Beginning in March 2008, Italian companies must file their annual financial statements to the Italian Chamber of Commerce in an XBRL format. Under the provisions of the Italian civil code, more than 850,000 companies are subject to this mandatory deposit of their balance sheets. As a leading provider of accounting software in the Italian market, Wolters Kluwer Italy had to make sure its customers could meet the new filing requirement. That meant integrating an XBRL processing engine into its software package. Learn how Wolters Kluwer did it.

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XBRL Is Not Just for Analysts and Regulators - A Ventana Research Whitepaper
Early indications suggest that XBRL will have a broad role in business communications, one that goes well beyond its initial purpose as a tool for securities analysts and financial regulators. For example, in the United States, the Microfinance Information Exchange is using XBRL to pull together accounting and other important data for measuring the effectiveness of these innovative lending institutions worldwide. Deloitte Australia uses XBRL to help collect client data, cut the cost of its auditing process and give clients financial statements in a form they will be able to use for their own tax and regulatory filings. In France, Umanis is creating ways to help its banking clients make better use of the data they supply to their regulatory agency, La Commission Bancaire/ Banque de France. We’ll look at these early implementations in more detail.

Deloitte Australia Delivers Huge Cost Savings with UBmatrix
Deloitte Digital is the digital delivery business of Deloitte Australia, which serves a wide variety of clients in the areas of audit, assurance and advisory, taxation, corporate finance and consulting. Deloitte Australia, with revenue of more than $625 million, is a member of Deloitte Touche Tohmatsu, one of the world’s leading professional services organizations. Deloitte Digital’s mission is to digitize and automate aspects of the Deloitte’s professional services and then deliver those services online. Learn how Deloitte Digital is able to reduce processing time for the preparation of financial reports and regulatory returns by up to 70 percent.

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Federal Financial Institution Examination Council Improves Data Collection, Enhances Performance and saves money
Each quarter, more than 8,000 banks in the United States are required to file what's known as a Call Report to three of the five Federal Financial Institution Examination Council (FFIEC) agencies. The official report produced by the FFIEC on a bank’s condition is known as the Uniform Bank Performance Report (UBPR). Learn how XBRL is the essential ingredient in the success of the FFIEC Call Report Moderniza­tion initiative.

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Microfinance Information Exchange Strengthens and Expands Lending to the Poor
Microfinance Information Exchange, Inc. (MIX) is the world's leading business informa­tion provider for the microfinance industry. MIX tracks the performance of more than 900 microfinance institutions.These microfinance institutions provide fi­nancial services and small loans—often less than $100—to poor people and businesses in emerging nations. Learn how the MIX increased transparency and confidence ultimately leading to in­creased investment in the microfinance industry.

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The Netherlands Embarks on Largest XBRL e-Government Project in the World
Businesses in the Netherlands spend approximately €1.5 billion each year compiling and delivering accounting reports, tax declarations and statistical data to the govern­ment. The Dutch government realized that it needed to reduce the administrative bur­den on these companies and allow them to better invest this time and money in ways that actually contribute to economic growth. Learn how the Dutch government expects to achieve a cost reduction for companies of €350 million annually.

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