Financial Planning

IBM Cognos® 8 Planning is a powerful tool for turning strategy into detailed plans, budgets and forecasts for the entire enterprise.  IBM Cognos 8 Planning provides an extraordinary solution and offers a highly flexible planning tool to create, compare, and analyze business scenarios, conditions, drivers, rates and assumptions into real-time. Users can access current data on fiscal performance and transform “what-is” to “what-if” scenarios to support future corporate decisions.  This tool enables the user to identify goals to create a clear-cut strategy for business success, assign localized responsibility for plan processes across functions and geographies; and consolidate the data into a single and secured planning environment.

The highly flexible planning tool is designed to be customized for your organization and environment.  It supports nimble and effective business decisions by modifying the models to reflect changes, whether small or large in scale or scope.

• Fast Development - IBM Cognos Planning empowers you to build a model in days instead of months. You can import sources from many ERP systems like SAP®, and Oracle® to accelerate the process.
• Flexibility - Users can revise the business logic and principles easily to examine the impact of changes.
• Multi-dimensional Analysis - The traditional spreadsheet method is not flexible enough to keep up with today’s fast-paced business environment. IBM Cognos 8 Planning allows you to explore and evaluate data in multi-dimensional slicing and dicing formats with drill-down capabilities into detailed data to locate your query.
• Information Collection - Organizations can now easily engage thousands of employees in the planning process and collect data from across different departments in the enterprise. IBM Cognos Planning also offers a Microsoft® Excel interface which enables users to manipulate data easily in an Excel format. A familiar, convenient IBM Cognos web-browser lets employees participate in planning, budgeting and forecasting without disruption and provides access to the report(s) in a mobile format.   
• Administration tool that empowers the entire enterprise - Spreading deployment throughout the enterprise allows front-line managers and executives to collaborate and communicate to ensure accuracy and accountability in the information delivered.
• Full Scorecard and Report Integration - IBM Cognos Planning offers the complete ability of an analytic platform including solutions, scorecards, dashboards, and event notifications.