News: "AICPA and XBRL US Offer XBRL GAAP Certificate"

NEW YORK (JULY 9, 2013) BY MICHAEL COHN (ACCOUNTING TODAY) To address the market demand for training in Extensible Business Reporting Language, or XBRL, the American Institute of CPAs and XBRL US, the nonprofit consortium for XBRL business reporting standards in the U.S., have introduced an XBRL US GAAP Certificate Program. The certificate program provides finance and accounting professionals with information and training in building XBRL-formatted financial statements by using software tools or working with service providers.

Synaptica at Taxonomy Boot Camp, November 5-6, 2013

Save the date for Taxonomy Boot Camp 2013 at the Renaissance Washington, DC Hotel! Synaptica's CEO, Dave Clarke, and Product Manager, Jim Sweeney, will be presenting sessions on indexing images, SKOS-XL concept modeling and multi-lingual taxonomy management. For more information, check out Taxonomy Boot Camp 2013. Synaptica is once again a sponsor of this event.

Elsevier Celebrates New Installation

While it’s no surprise that pizza and cake provide the essential fuel that powers many software development projects, it is a pleasure when one of our customers has a specially decorated cake made to celebrate the successful deployment of their customized Synaptica taxonomy management software. The project, completed this month, was a collaboration between Synaptica and the content management team at Elsevier, Netherlands.

  

Please let us know if you have any comments or questions.

Join us at Taxonomy Boot Camp 2012 for a presentation on, ' Chaos-Control: Enterprise Management of Federated Taxonomies'

On Tuesday October 16, 2012 please join us at Taxonomy Boot Camp in Washington DC for a presentation on, "Chaos-Control: Enterprise Management of Federated Taxonomies" from  2:00 p.m. - 2:15 p.m.

Jim Sweeney, Product manager for Synaptica will disccus the problems and suggest solutions surounding Enterprise taxonomy management.

Here is a synopsis of the presentation:

Enterprise taxonomy is generally synonymous with centralized taxonomy just as federated taxonomy is generally synonymous with decentralized taxonomy. Each model has its pros and cons. What happens when an organization needs both the efficiency and cross-searchability associated with centralized taxonomy management and the autonomy and heterogeneity associated with decentralized taxonomy management? Drawing upon real-life examples this presentation compares and contrasts the two models and then explores various hybrid solutions, which bridge the divide to combine and deliver advantages from the alternative approaches.

We hope to see you there!

Records Dead-End but Graphs Go On Forever

[Taxonomy Bootcamp Takeaway] In a case study presentation Dave Clarke of Synaptica described how the Taxonomy Warehouse online directory had been re-engineered as an ontology.   Clarke said one of the essential differences between the legacy system and the new system is that in the old system, an information search terminated with results and individual records, whereas in the new system, there are no dead-ends: whatever you are looking at, the ontology provides new paths and more information discovery options.  Clarke gave an example where a search for a blog leads to a bio about the blogger, which then leads to a description of the company they work for.  This leads to information about products and services the company provides.  From here links to generic product and services types open the window on all the other companies providing similar products and services. Dave's presentation is available from: www.synapticasoftware.com/images/ReengineeringTWweb.pdf.

Criteria for Taxonomy Tool Selection

[Taxonomy Bootcamp 2011 Takaway] Joseph Busch of Project Performance Corporation (PPC) delivered a practical presentation that aimed to help people understand objective criteria for evaluating the capabilities of current taxonomy software tools.  PPC is a leading management consultancy with a growing taxonomy practice.   Busch analysed editorial functionality, degrees of sophistication, database definition, import and export options, and workflow and governance.  Busch then gave detailed descriptions for four specific products and summarized the results in a product vector with two axes: ease of implementation and completeness of vision.  Microsoft Excel scored top on ease of implementation but low on vision (functionality).  While MultiTes did not score high on either scale it was selected as a notable tool because its simplicity and low price point have established it as a prominent entry-level tool.   The three tools closest to the top-right quadrant were SmartLogic, Synaptica and TopBraid.  In Busch’s assessment these three tools are very close together, with each one having some distinguishing selling points. Joseph's presentation is available online at: www.taxonomystrategies.com/presentations/2011/Taxonomy%20Tools%20Requirements%20and%20Capabilities-Busch%20and%20Wahl.pdf.