Businesses can rapidly analyse data and model business requirements for your entire organisation and use the results to budget and forecast with confidence for better business outcomes. Business Benefits include:
- Cognos TM1 supports a full range of enterprise planning software requirements - from high-performance, real-time profitability analysis, financial analytics and flexible modelling to enterprise-wide contribution from all business units.
- Personal scenarios created with advanced personalisation enable an unlimited number of ad-hoc alternatives so individuals, teams, divisions and whole companies can respond faster to changing conditions.
- Analytic processing automates contribution from systems and staff to help eliminate delays in rolling out plans - a 75% reduction in planning cycles is possible.
- Cognos TM1 facilitates the use of best practices such as driver-based planning and rolling forecasting.
- Model design and data access adapt to your business process and present business information in familiar formats.
- Managed contribution makes it possible to personalise hierarchies, dimensions and rollups and to receive an up-to-the-minute status of every participant in the planning process.
- With access to the IBM Cognos Performance Management platform, you realise consistent scorecarding, reporting and analysis - the complete picture from goal setting and planning, to measuring progress and reporting.
- Finance and lines of business have total control over planning, budgeting and forecasting processes.
- You can work with a choice of interfaces: Microsoft Excel, Cognos TM1 Web or Cognos TM1 Contributor.