1. IFRS, XBRL and Business Performance Management (BPM)
Control, confidence and automation of global compliance reporting

2. Agenda Finance industry trends
Business Performance Management (BPM) defined
BPM’s value proposition
Automated delivery of compliance reporting
Benefits, future leverage and client activities

3. Introduction Trevor Walker VP, Product Marketing Cartesis
Driving global product strategy
10 years BPM and reporting experience
4 years in IT and integration infrastructures

4. Cartesis is a leading global software provider focused on Business Performance Management
We provide multinational companies with a unique best of breed, real-time collaborative business performance management solution to “deliver the whole story behind the numbers" with unparalleled clarity and insight.

5. Cartesis has been delivering BPM for over 14 years
Full Service Software Company founded in 1990
The Cartesis Suite
Cartesis Magnitude, Magnitude Planning, Magnitude iAnalysis and Cartesis ICS
1990
1997
1999
2002
2004

6. The Top Five CFO Challenges from a recent survey
Four of the top five challenges are dependent on creating an integrated BPM infrastructure for unified reporting and performance management
Improving performance management
Improving governance, controls, risk management
Improving planning, forecasting and budgeting
Improving access to appropriate information
Improving competencies/skills

7. These trends drive toward key best practices in performance management
Integrated BPM process and system framework
Streamlined data flows
Enhanced data granularity and transparency
Consistent fiscal and management data views
Unified compliance and management reporting
Ability to expose metrics to dashboards/scorecards for monitoring, alerting and optimization
Ability to layer in internal and external benchmarking
Top CFO Themes - Performance Management:
Performance Management is the top challenge for CFOs and thus the top area for improvement:
Looking to link targets to consistent / coherent frameworks and cascade targets down through the organization
Existing PM tools fall short in providing an integrated view across dimensions such as product, customer and supplier and enhancements here could add significant business value
Many are looking to put more information into the hands of management/others via better use of existing ERP investments and self service or role based data
CFOs recognize a need to improve information collection to support analysis and decisions
CFO's see a need to improve timeliness, depth and transparency of data, to support analysis and decisions and also to assist with ensuring regulatory compliance
Only a third of CFOs feel performance management was supported by appropriate information
PM is not yet operationalised – it has not yet been cascaded effectively to individual levels nor is it fully embedded in targets
Financial measures currently dominate performance management but CFOs are looking to add economic value measures
Getting the right KPIs – focusing on the wrong info, too many in some cases, too few sometimes, not the right ones
Integration of financial and management reporting and data flows remains a significant challenge for many; the driver for integration is process and systems simplification
Internal vs. external, financial vs. non-financial

8. So what is Business Performance Management (BPM)?
BPM is a set of integrated, closed-loop management and analytic processes, supported by technology, that address financial as well as operational activities.
BPM is an enabler for businesses in defining strategic goals, and then measuring and managing performance against those goals.
Core BPM processes include financial and operational planning, consolidation and reporting, modeling, analysis, and monitoring of key performance indicators (KPIs) linked to organizational strategy.

9. Unifies financial, compliance, risk and management reporting
Corporate Governance
Strategic Planning
Performance Measurement
Business Modeling
Budgeting
Finance
Customer
Human Resources
Operational Finance
Analysis & Reporting
Forecasting
Consolidation
Segmentation
Profitability
Market Success Factor
Analysis
Salary & Comp Planning
Employee turnover
& retention
Incentive management

10. BPM and the impacts of XBRL
Real-Time BPM
Regulatory
compliance
Technology
trends
BPM Components,
SOA, web services
BPM Metadata repository
Distributed access
Central hub/portal
BPM
Integration
- ERP, SCM, PLM,
CRM and HCM
- BI
Financial
Consolidation
& Reporting
Planning/budgeting
- Discrete Deterministic
- Discrete Predictive
- Continuous Predictive
Software
Performance
&
Availability
BPM
Analytics
- Scorecard,
dashboard
BPM
&
Process
management

11. BPM and the impacts of XBRL
Real-Time BPM
Regulatory
compliance
Technology
trends
BPM Components,
SOA, web services
BPM Metadata repository
Distributed access
Central hub/portal
BPM
Integration
- ERP, SCM, PLM,
CRM and HCM
- BI
Financial
Consolidation
& Reporting
Planning/budgeting
- Discrete Deterministic
- Discrete Predictive
- Continuous Predictive
Software
Performance
&
Availability
BPM
Analytics
- Scorecard,
dashboard
BPM
&
Process
management

12. Value proposition of XBRL with BPM
Bridge the gap between systems, accounting standards and global reporting
Enables standard way of tagging financial information for structure, content and meaning
Direct comparability of internal and external financial information
Essential part of making IFRS data globally accessible, consistent and comparable

13. XBRL solves current issues with global financial and compliance reporting
Thousands of companies release financial results internally and externally daily, monthly, quarterly, and annually
Contents are not organized
Processes are not repeatable
Lots of data must be re-keyed
No easy way to compare internally, let alone externally
Trevor

14. XBRL provides strategic and cost reduction benefits
Streamlined processes for collecting, comparing and reporting financial information
Reduced costs
Improved financial communication and transparency
Increased data accuracy
Direct comparability
Multi languages and accounting standards support
Improved risk management and control
Ease of maintenance
Faster, more reliable and extended scope of analysis capabilities for better decision-making
Trevor

15. Strategic value is the direct comparability of internal and external financial information
Trevor
XBRL International – an international consortium of over 200 organizations including software companies, consulting organizations and standards bodies like the International Accounting Standards Committee Foundation (IASCF)

16. And the automation, transparency, and comparability
One time setup of tags and maps for automated processing
Rich set of tools embedded in products like Cartesis Magnitude
Transparency from source through disclosure to compliance agencies
Investors and analysts easy side-by-side and line-by-line comparison
Different languages and accounting standards in a single solution delivers on the “single truth” message
Trevor

17. Management Accountants Financial Publishers & Data Aggregators
Organizations are challenged by many reporting needs and no standard delivery
Companies
Trading Partners
Management Accountants
Auditors
Regulators
Disclosure
Financial Publishers & Data Aggregators
Investors
Central Banks
Other Stakeholders
Financial Control,
Planning, Forecasting, Process, Validation, etc…
Trevor GL
Legacy
ERP
CRM
SCM…
Sources

18. Management Accountants Financial Publishers & Data Aggregators
XBRL optimizes the information supply chain with a standard way to deliver reports
Companies
Trading Partners
Management Accountants
Auditors
Regulators
Disclosure
Financial Publishers & Data Aggregators
Investors
Central Banks
Other Stakeholders
XBRL
Financial Control,
Planning, Forecasting, Process, Validation, etc…
Trevor
XBRL GL
Legacy
ERP
CRM
SCM…
Sources

19. Cartesis is involved globally and strategy to match client and market needs
Member of the IASB IT Discussion Group and will be a member of the French XBRL jurisdiction
Our strategy
Step 1: Publish
Step 2: Consume
In Parallel: Embedded capabilities & setting
Trevor

20. Single XBRL mapping for all compliance reporting needs
Allowing organizations to leverage and capitalize on their BPM investments
Single XBRL mapping for all compliance reporting needs
Trevor

21. 6 steps to publishing XBRL from Cartesis
Setup Once
Import the published taxonomy
Map chart of accounts to taxonomy
Pull Cartesis Magnitude data into an XBRL instance documents
Supplement taxonomy items and instance documents as required
Run controls and calculations included in the taxonomy
Publish and the XBRL file
Repeatable
Trevor

22. Publishing XBRL compliance reports – Step 1
Account
Characteristics
Consolidation
XBRL Data
Generation
Trevor
Opening
Movement
XBRL report
Closing
Collect
data
Apply
Taxonomy -
Map
Supplemental
Data
Send
report

23. Consuming XBRL for comparability, analysis and benchmarking – Step 2
IASC
Taxonomy
Secure receive
XBRL/XML validation
Cartesis Magnitude and Multiple DB’s
Localized mapping
Authorization
Direct update
Integrator
World Wide Web
XBRL
Trevor
Cartesis Magnitude
Data Warehouses
RDMS
XML DB
Consume

24. Will be based on what we learn in steps 1 and 2 Plans include
Cartesis Magnitude product enhancements for embedded XBRL capabilities and settings
Will be based on what we learn in steps 1 and 2
Plans include
Administrative capabilities to configure XBRL for publication and consumption
Setup and Manage via XBRL
Trevor

25. Aggressively delivering against the strategy to empower our clients with XBRL
Clear strategy and roadmap for delivery
Engaged with clients and recruiting pilot references
Still recruiting clients
Will guide them to referencability in Q2 2005
Trevor

26. Any questions? Thank you and… Trevor Walker Cartesis