Ready for finance
Multi-source data collection and integration: Perpetual access and mapping to and from transaction systems or supplemental Web- or Microsoft® Excel®-based input forms. Journal entries can be posted for repeating and recurring balanced adjustments.
Cross-dimensional allocations: Use any measure, such as head count or square footage, or method, such as tiered or cascading allocations, in single or multiple passes.
Currency conversion: Manage international exchange rates including beginning and end-of-month, average, historical, conversion of unlimited input currencies to one reporting currency and calculations for gains or losses on exchange.
Versioning: Manage an unlimited number of annual data submissions, such as budgets, actuals, adjustments or adjusted actuals in both functional and reporting currencies.
Microsoft Excel interface enables users to work in a familiar environment with all the advantages of consolidation functionality.
Financial statements and reporting
Rapid reporting: Create income statements, balance sheets, stockholder equity statements, cash flow statements and variance analyses when you need them, in print, online, to Microsoft Excel or over the Web.
Full formatting and layout: Rapidly develop and modify all types of financial statements and management reports. Add new accounts or dimensions, alter underlying accounts structure, alter the roll-up, even alter your business model and see changes instantly.
Enhanced dimensional consolidation capabilities: Attributes-enhanced component classes enable full dimensional reporting capabilities, so reporting is not limited to the existing data hierarchies.
Insight, analysis and integration
Track progress towards major milestones and monitor day-to-day operational performance. Know where you are, where you're going and help focus your organization on the decisions that matter most.
Understand your financial performance: Compare the latest data to plans and see results in a format that helps illuminate underlying data and extend the value of source data with a range of functions from simple calculation to complex analysis.
Simple or complex analyses are just a few clicks away, as are automatic better-than / worse-than reporting on debits and credits or time and version comparisons, with no re-keying of data.
Powerful business intelligence and scorecarding tools such as IBM® Cognos® PowerPlay and IBM® Cognos® Metrics Manager produce detailed, multi-dimensional reports and analyses at the click of a mouse.
Integrate plan and forecast data with comparatives from other systems for instant visibility to variances.
Flexible security: Administrators can define user access rights, while users have the flexibility to see reports in alternative views, including custom formats and calculations.
