SAP today announced it was bundling XBRL publishing support into it's product suite with the availability of SAP® BusinessObjects ^TM XBRL Publishing application , a new eXtensible Business Reporting Language (XBRL) application that enables customers to publish financial and business information to XBRL to enable them to meet the now mandated filing requirements of regulators like the Securities and Exchange Commission (SEC) in the U.S. and HM Revenue & Customs in the U.K.  The new application allows users to automatically tag and easily transform this data into "XBRL instance documents" in a drag-and-drop environment. These "XBRL instance documents" are collections of code on which all reports of financial and business information are based, and are electronically filed with regulatory agencies that interpret the information.  Features include the ability for users to easily extend standard taxonomies (an agreed-upon dictionary used by XBRL to define data tags in business reports) to help differentiate themselves from competitors by providing extra information to investors. Also, integration with Microsoft Office enables business users to incorporate supplemental information from Microsoft Word documents, like the notes and disclosures to the financial statements which are required by the SEC. "In our current economy, the way companies are being run is under even more scrutiny, and increased transparency is becoming a mandate for CFOs," said Sanjay Poonen, senior vice president and general manager, Performance Optimization Applications, SAP BusinessObjects Division. "XBRL takes a first step by revolutionizing the way financial and business information is reported and disclosed. SAP BusinessObjects XBRL Publishing helps customers to complete accurate filings quickly, supporting their efforts to comply with these new regulations. SAP continues to lead the enterprise performance management market by delivering innovation that helps our customers stay one step ahead of the game as a best-run business."