Cognos 8 Controller

IBM Cognos® 8 Controller sets the standard for satisfying accounting demands for consolidated reporting and business demands for financial and management reporting. This full suite of financial and management consolidation capabilities delivers a complete portfolio of financial results, and provides an integrated performance management platform for financial reporting, analysis and planning.

• Finance manages the process
• Prepare global and local financial consolidations
• Manage performance from a broader perspective with financial reporting and analysis
• Breakthrough synergy with IBM Cognos performance management solutions
• Integrate easily with current and future IT environments

Track data to its source.Finance manages the process

• Amend entities, organizational structures or account details with absolutely no coding, scripting, or complex language to create and test.

• Accommodate mergers, acquisitions or
  reorganizations with ease. Update structures
  and business rules once and see them
  reflected throughout the application—
  automatically.

• Provide critical financial data for regulatory compliance reporting, including Sarbanes-Oxley (SOX), IFRS and multi-jurisdictional GAAP reporting.

• Meet the demands of management and get instant analysis any time during the close with more than 200 pre-configured, ready-to-use reports.

• Prepare and certify financial results that support the requirements of external and internal stakeholders.

Prepare global and local financial consolidations

• Consolidate multiple views of the enterprise from legal, management, and tax perspectives, or in terms of budgets, actuals, plans and forecasts.

• Ensure data consistency with a thorough validation process that readily reconciles data for accuracy and notifies you immediately of any inconsistencies.

• Automate allocations between companies and accounts, as well as business dimensions.

• Perform advanced formula calculations using YTD values, averages and multiple periods combining financial and non-financial metrics.

• Make investment adjustments for complex ownership situations, such as region-specific consolidations and reporting in Brazil, Denmark and the Netherlands.

• Collect and present financial data in multiple reporting and transaction currencies.

Manage performance from a broader perspective with financial reporting and analysis

• Meet the requirements for consolidation reporting, financial reporting and management reporting—using a single solution.

• Use standard reports, measurements and metrics for scorecarding, dashboards and ad hoc analysis and financial reporting to deliver operational, management and financial information.

• Model alternative business scenarios and assess the impact by entity, business area, product or customer with detailed “what-if” analysis.

• Work with financial information in real time or scheduled, depending on your specific requirements.

• Define critical success factors and link strategies to specific plans and metrics using embedded dashboards.

Breakthrough synergy with IBM Cognos performance management solutions

• Take advantage of high-scale, high- performance, OLAP-style analysis and reports using a complete financial information warehouse created by seamless integration with IBM Cognos TM1.

• Center consolidation with planning, analytics and reporting standardization when you use Cognos 8 Controller as the foundation for Cognos BI.

• Ensure process and information delivery with the integration of data processing and management capabilities with IBM Cognos BI and Cognos TM1.

• Exploit the full range of a single performance management system that includes the full suite of IBM Cognos solutions and the industry’s most comprehensive business intelligence platform.

Integrate easily with current and future IT environments

• Ensure current and future support for your investment
  with a centralized open-standards database and enterprise-
  class architecture that provides efficient processing and administration.

• Process massive data volumes quickly and efficiently and allow access by large numbers of users, regardless of their location.

• Centralized database ensures efficient processing and administration, and a single, shared source of strategic data offers accessibility and speed, regardless of user location.

• Enjoy the high performance, data integrity and rigorous yet flexible security provided by industry-standard platforms and databases.

• Perform data entry, modeling and calculations with ease using the embedded Microsoft® Excel® interface enables easy data entry, modeling, calculation and reporting.

Learn more

• IBM Cognos 8 Controller data sheet (555KB)