Financial Budgeting and Planning

Financial Budgeting and Planning

In today’s challenging economy, the answers to three rudimentary performance questions are more important than ever:

  • How are we doing?
  • Why are we on or off track?
  • What should we do to address performance gaps quickly?

To answer these questions and to anticipate the best course of action for better business outcomes, your company needs to plan, forecast and budget effectively. You must also get the right information to the right people in the form they need it—and be able to make changes quickly. This coordinated approach requires a highly flexible enterprise planning solution that aligns financial and operational targets in one connected, dynamic solution.

IBM Cognos® TM1® provides a complete planning, budgeting and analysis environment for critical company-wide performance management activities driven by Finance.

  • Performance. Patented 64-bit in-memory for fast performance. 
  • Role-based security supports multiple users and user types.  
  • Contribution interface - This client interface blends high-performance, personalized analytics with structured. 
  • Personalization - Personalized home pages, workflow. 
  • Excel formatting on the Web.
  • All planners and stakeholders can read, write, perform “what-if” analysis. 
  • Administrative tools.
  • Global support - Full Unicode support
  • Connectors - You can extend your ERP investments with the IBM Cognos data orchestration tool. This tool easily connects to data warehouses