Synergy leads digital race to XBRL readiness

As businesses move towards the final quarter of 2017, Synergy, says progress is being made and businesses are starting to respond to, and ready themselves for, the CIPC’s regulatory digital financial reporting standard, XBRL/iXBRL. Lorraine Venter, Sales Director, Synergy, says since the company launched its solution set to assist companies in implementing XBRL, the market…

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CIPC ready to roll out first major digital business reporting initiative

In less than a year, the Companies and Intellectual Property Commission of South Africa (CIPC) will roll out the first major digital business reporting initiative in the country when it implements the use of eXtensible Business Reporting Language (XBRL) for qualifying entities. “From 1 July 2018, the submission of annual financial statements (AFS) using XBRL…

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Is it possible for multiple BI toolsets to live happily side-by-side?

An escalating need to get relevant and useful information to decision makers and analysts in the most effective way, has seen a corresponding growth in the implementation of an array of BI toolsets in local and global organisations. “We’ve picked up on this trend,” says Gill Staniland, Synergy Data Strategist “and have come to see…

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Upcoming Webinar – 24 May 2017: 6 Trends in Cloud Analytics — What You Need to Know

Cloud BI has hit a tipping point, with adoption projected to reach beyond 50% of companies by 2018*. Chances are parts of your organisation are already using it. And if you’re not, you will be soon based upon the trend. Join Qlik® on May 24 to learn about 6 Trends in Cloud Analytics: What You…

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Meet our awesome new Synergites!

 

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The CFO mission to uncover the unknown

Applying analytics and cognitive computing for efficiency and insight Why CFOs should care about advanced analytics and cognitive computing Finance analytics is taking off, with over two-thirds of organizations expecting to have substantially implemented analytics across most Finance activities in two years. Thirty-one percent of participating Finance organizations were determined to be “most effective,” having…

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Governed Data Discovery

A really useful document, written by the Eckerson Group – a well-known research and consulting firm focused on business intelligence. It is easy to read, and provides an important explanation of the difference between ‘old-school’ centralised, IT-driven BI, and the swing to business-driven, more free (aka chaotic) BI, and then explains the need for a…

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Prepare early for your journey with XBRL

Whether the abbreviation XBRL is new to you, or the process leaves you with more questions than answers, you only have a short time left to get your head around it before implementation in 2018. XBRL – short for eXtensible Business Reporting Language – is the digital financial reporting standard that the Companies and Intellectual…

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