IBM Cognos 8 Controller

Overview

IBM Cognos 8 Controller provides Finance organizations with unmatched capabilities for managing the close, consolidation, and reporting process. An automated, menu-driven application that is owned and managed by Finance, IBM Cognos 8 Controller can consolidate diverse ledgers representing thousands of operating units and accounts into a common chart-of-accounts structure.

IBM Cognos 8 Controller reduces close cycle times and gives you the transparency that is essential for sustained compliance with Sarbanes-Oxley and IFRS. It supports local, regional, or global requirements, and enables you to adapt to business and regulatory changes in real time.

What IBM Cognos 8 Controller Offers to Finance Leaders
IBM Cognos 8 Controller offers critical benefits for the key members of your finance team—and for the CIO, who needs to ensure compatibility with existing IT investments:

• For Corporate Controllers: IBM Cognos 8 Controller enables the corporate controller to automate the entire close process, from data collection to financial consolidation to output. Close cycle times are reduced while data integrity is assured.
• For the CFO: IBM Cognos 8 Controller reduces risk and provides the CFO with an enterprise view of key financial ratios and results. Greater visibility improves strategic decision making across the organization, while the high quality of financial results eases external reporting and compliance.
• For the CIO: IBM Cognos 8 Controller allows the CIO to leverage current IT investments while ensuring that centralized systems meet the demand for secure and reliable data. And it offers the opportunity for performance management standardization from a single vendor, with enterprise planning and business intelligence across a single architecture and platform.

IBM Cognos 8 Controller is the only solution that includes more than 200 pre-configured, standard reports to satisfy the demands of management and regulators. All the reports required at key stages of the close process are available automatically—no custom report creation is needed.

In addition, IBM Cognos 8 Controller is seamlessly integrated with IBM Cognos 8 Planning and IBM Cognos 8 Business Intelligence. It enables performance management to be integrated at the data, security and process level—all at a low total cost of ownership.

Learn more:

• Features and Benefits of IBM Cognos 8 Controller
• Read the IBM Cognos 8 Controller Fact Sheet
• Read about the 200+ Standard Reports available with IBM Cognos 8 Controller
• Visit the Compliance Resource Center
• Learn best practices thru IBM Cognos 8 Controller Performance BluePrints

Additional Resources:

Performance & Compliance: Neither is Optional

Online Demo

Learn how to deal with the paradox of managing compliance while improving performance. This microsite offers valuable insights on how you can streamline consolidation, compliance and reporting processes - while enhancing performance management.

Financial Consolidation & Reporting for Visionary Finance Executives: IBM Cognos Controller

Online Demo

Learn best practices for: Managing the processes of consolidating financial information. Delivering external management and corporate reporting. Providing transparency to sustain compliance and performance.

Consolidation: Laying the Groundwork for Sustainable Compliance

White Paper

Laying the Groundwork for Sustainable Compliance.

Delivering financial results – with or without spreadsheets – that is the question

Web Seminar On-Demand

There is a clear distinction between organizations working with world class financial consolidation systems and those that continue to rely on spreadsheets and spreadsheet enhanced systems. The Hackett Group will present the contrast between World-Class and Peer Group companies in terms of their usage of spreadsheets for critical finance activities, and the impact that has on the cost, quality and responsiveness of the finance organization. Demonstrations and discussions will help you understand the roadmap to performance management, with introduction of Cognos Controller, the modern foundation required for renewing the automation of the close, consolidate, report process.

Performance and Compliance - Combining To Deliver Financial and Operational Insight

Web Seminar On-Demand

A key driver for improving financial consolidations is to enable actionable performance reporting. In this Webinar, we will share how best practices in reporting are critical to world class organizations, enabling better confidence and decision making. Specifically, you'll see how business intelligence enhances information communication of timely, validated financial results.

Ensuring Best Practices for Internal Controls and Financial Consolidation

Web Seminar On-Demand

Renewing the consolidation process requires organizations to evaluate, incorporate and improve as necessary their internal controls for financial data. The Hackett Group, Deloitte and Cognos will discuss and review the opportunity at hand as organizations improve their internal control environments in conjunction with automating financial consolidations.

Automating financial consolidation – The first, best step in close, consolidate, report makeover

Web Seminar On-Demand

Join us as The Hackett Group, Gary Simon, Editor of Financial Systems News and Author of “Fast Close to the Max" review key process improvements enabled through the automation of the financial consolidation process and the impact this has on the cost, quality and responsiveness of the finance organization. You’ll hear how automation in the hands of finance is the first, best step to accurately streamlining the close process, reducing data errors and facilitating timely results while supporting statutory and compliance requirements.

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