Cognos Controller supports the financial close, consolidation and reporting process with the agility and affordability of a cloud-based solution. IBM Cognos Controller enables finance teams to automate and accelerate the financial close with minimal IT support. It also helps finance teams deliver financial results, create informative financial and management reports and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics – with Cognos Controller.
Cognos Controller – What it can do for your business
So why do so many companies struggle with the Financial Consolidation Process ? For many, it really comes down to just not having the right business solutions in place to automate this process. For many, excel spreadsheets are time consuming, complex and error prone. Financial Consolidation is a fundamental aspect of the office of finance function and is critical for planning, budgeting and forecasting. These functions must be automated to allow CFO’s, Finance Directors, Financial Controllers and their finance teams to bring value-add business insights for the future planning of the business.
Cognos Controller – Financial Close, Consolidate, Report
Cognos Controller – Accurate, auditable close, consolidation and reporting in a solution managed by the office of finance and available on cloud or on premises.
Reduce close and report times – Automate your close process and simplify the task of providing certified financial information.
Manage your own solution – You can flexibly define and maintain changing rules and processes without coding, scripting or complex language.
Automate processes – Automate intercompany eliminations, allocations, currency conversions, acquisition calculations and more.
Enhance audit control – Track data flow throughout the consolidation process, and monitor performance of subsidiary reporting with built-in workflow and status reporting.
Supports extended financial close – Addresses your extended financial close process—close, consolidate, report and file—in an auditable solution owned by the office of finance.
On-cloud deployment option – Available for on-cloud deployment with the functionality of an on-premises solution.
Automates consolidation – Automates your financial consolidation processes and accounting procedures—no IT assistance required.