Standard Business Reporting or SBR is an enabling technology that can be re-used in many ways saving the community and government agencies time and money.
The ability of SBR standards to be applied to inter-governmental communication allows for "tell us once, share with many" models of interaction. This approach significantly reduces the burden on business, automating the distribution of the same information to other relevant agencies.
Here are more benefits of using SBR in your agency.
The infrastructure developed for SBR — including systems, processes and standards — can be re-used across other agency, reports and forms reducing the overall cost to government.
Increased electronic reporting
An increase in electronic reporting results in a reduction in paper lodgements meaning agencies can realise savings associated with scanning, storage and re-keying of information.
Efficient revenue collection and regulatory monitoring
An overall reduction in non-compliance and an increase in the quality of data results in more efficient revenue collection and monitoring.
Increased efficiency of interaction between business and government
The automation of preparation and lodgement of reports directly from business software improves the efficiency and accuracy of business to government reporting.
The transition to SBR
Depending on the agency gateway structure the transition to SBR may not be a complicated process. All agencies have a gateway and as long as it can accept SBR messages the transition can be relatively straight forward.
For more information on how SBR works for Government, watch the video.
Last updated: 19 May 2015
Page ID: 12445