The implementation of standardised, normalised and harmonised data collections, such as in the Dutch Standard Business Reporting (SBR) program, can significantly reduce administrative burden and improve efficiencies.
Almost every political party seeks to reduce administrative burden (or “cut red tape”) before getting into office. The vast majority fail to do so. In the Netherlands, Australia, and now Finland and Ukraine, there are efforts aimed at one of the key “root causes” of reporting burden. Rather than trying to fundamentally change the reporting […]
Mark Bissschop from SBR Banken has written an article for Accountancy World heralding the benefits of Structured Business Reporting (SBR) and calling for further expansion.
Congratulations to our colleagues at SBR Banken in the Netherlands, who this week routed the first digital real estate report through their gateway in XBRL format. Specialist real estate valuation firm MVGM point out that the new arrangements mean that: “With the introduction of digital exchange in real estate data, the time-consuming task of collecting, structuring, assessing […]
A new regional collaboration to investigate and implement Standard Business Reporting has been launched in the Nordics. Dubbed Nordic Smart Government, it aims to transform the way that data is collected and used between business and government as well as business to business. Initial efforts call for: A refined Business Case, starting by estimating B2B benefits […]
SBR or Standardised Business Reporting is a proven way to reduce red tape cheaply and effectively. The strategy is a simple one: find all of the duplicative reporting requirements in government, analyse the definitions that are similar but not identical, and work to conform or harmonise those definitions. If a government has five different agencies that collect information […]
Standardised Business Reporting (aka “SBR”) takes an important idea: that clear reporting definitions, applied consistently across government agencies can reduce red tape and make it easier to do business. Countries such as the Netherlands and Australia have been showing the way in this area for years. They have developed the necessary collaboration mechanisms to allow […]
Dutch banks ABN Amro, ING and Rabobank are leading the effort to shift corporate reporting to credit providers from paper to data.
For anyone involved in digitisation of reporting at a government level or that is embracing standardisation to simplify reporting across a supply chain, the principle of Standardised Business Reporting, or SBR is something they will come across, but perhaps need to understand at a deeper level. Now there is a book aimed at data architects and […]
With governments around the world forced to do more with less, and under constant pressure to reduce red tape, the number of countries considering SBR, or Standardised Business Reporting is on the rise, with Sweden and Finland just two of the more recent converts. In a new white paper from Fujitsu, the pros and cons […]
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