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Learn more: Overview Read about the acquisition Learn how Applix TM1 fits into the Cognos product suite. Learn about the Cognos vision for Financial Performance Management. Applix Acquisition FAQ |
Financial Performance Management—Giving Finance the Tools to WinFinance organizations around the world face the same challenges. They struggle to drive growth and performance while simultaneously ensuring compliance with a myriad of legal, tax, and accounting requirements. Financial performance management solutions from Cognos give Finance the tools to win that struggle.
The Cognos vision for financial performance management focuses on the relationship between three critical processes in the Office of Finance:
We support the close, consolidate, and report process by bringing together data from diverse entities and divisions into a single, statutory-based view for greater accountability and assured compliance. We support planning, forecasting, and control with the industry’s most innovative solution for high-participation, high-frequency planning. Finally, we support the third key finance process—the activities needed to analyze and optimize performance. The analyze and optimize process is that which allows financial analysts to help business managers drive profitability and growth initiatives. To do this effectively requires an uncommon combination of data scalability, ease of use, real-time responsiveness, and interactivity. That is where TM1 excels. TM1 can perform scenario modeling against large data sets while making data and business structure changes in real time. Cognos provides financial performance management solutions that enable continuous alignment of resources and opportunities with strategic objectives. And Cognos delivers all these capabilities on the industry’s only independent platform. Learn more:
Learn about Financial Performance Management
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