Standard for digital exchange of business reports
Standard Business Reporting is the national standard for the digital exchange of business reports. SBR allows Dutch businesses and their intermediaries to reduce reporting and administration work in the exchange of business information to local authorities and banks.
SBR enables information in company records to be captured once only in a standard way. This means that the information can easily be reused for various reports to government agencies and a number of banks.
SBR applies international open standards, including XBRL and web services in a way that enables a high degree of automation within the business reporting processes; from data gathering and transfer to validation and processing. It makes the reporting chain more efficient and effective and delivers substantial benefits to all participants in the reporting chain.
The main benefits of SBR are:
- Increased efficiency
- More transparency
- Increased security
- Higher quality of data exchange
SBR means standardisation of:
- Data definitions: Data that Dutch businesses have to deliver to local authorities are included in the Dutch Taxonomy. This taxonomy enables data to be reused in different reports.
- Processes: Digipoort is the government’s electronic post office. Digipoort provides a safe and reliable connection for various reporting obligations and processes the messaging data between organisations and local authorities.
- Technology: SBR relies on a number of wellknown open standards, of which XBRL is the most important. With XBRL is an open standard that labels specific information data definitions can be expressed in dictionaries, which then can be used to label reporting information and give it specific meaning.
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Companies and governments exchange lots of data with each other, and
the quality of these data is becoming increasingly important.
Whether you send data on behalf of a company, intermediary, or
government institution, you want the exchanged data to be correct,
everyone to be on the same page, and your software to support you
Standard Business Reporting, or SBR, makes this possible, offering benefits
for all users. The agreements in the SBR framework ensure you can
exchange data reliably and safely.
For example, definitions and terms are standardized within SBR. All parties
are therefore talking about the same thing, which means you are able to do
more with the data.
Additionally, thanks to SBR you know where the data come from, and who
you are sending them to. This reduces the risk of fraud.
SBR also offers you legal certainty. All data have been validated and meet
the predefined requirements.
What’s more, you can show when you have sent data and that you have
met your obligations. So thanks to SBR, you can exchange data quickly,
safely, and easily. This creates more confidence in the digital economy.
Do you want to know more about SBR? Then please contact us.
SBR is a Dutch Government initiative (part of Logius) that has been developed and expanded in close cooperation with market parties. Banks have adopted the SBR approach and businesses, intermediaries and software vendors also use SBR. Around 100 companies and organisations have entered into a contract to continue developing SBR. Read more...
International use of SBR
SBR is an approach that is not only used in the Netherlands. Australia and New Zealand have worked in accordance with the SBR method for many years. A growing number of countries are interested in the Dutch SBR approach and these countries are exploring the possibilities of adopting the principles. Read more...