Forecasting
Every company seeks to plan, forecast and budget effectively and efficiently. This means also getting the right information to the right people in the form they need it—and being able to make changes quickly and see the results of those changes instantly.
IBM Cognos® TM1 and IBM Cognos® Express provides a complete planning, budgeting and forecasting environment that supports all aspects business modelling, enabling your company to develop timely, reliable forecasts, budgets and plans, reducing planning cycles by as much as 75%.
More than budgeting and forecasting software, IBM Cognos® TM1 and IBM Cognos® Express are complete enterprise planning solutions, able to help you deliver better business outcomes by implementing planning best practices such as driver-based and rolling forecasts.
Key Features:
- Excel and Web interfaces - Perform analysis, view reports, and update data using either Excel or Web user interfaces
- Flexible, real-time modelling – The impact of any contributions or changes to your forecasts are immediately reflected in your financial statements and management reports
- Storage of your forecast data – Your forecast data is stored in controlled and secure environment, against easily recognisable business metadata (product SKUs, account numbers, customer codes)
- Automatic logging - All changes to data are logged with an easily followed audit trail, especially important with Sarbanes-Oxley and other laws of compliance
- A unified, single application – These applications provide a complete enterprise planning solution to meet all of your business processes including budgeting, planning, forecasting, reporting and analysis - ensuring corporate alignment and one version of the truth
Benefits:
- Improve the efficiency and reduce the cost of your planning processes by as much as 75%.
- Elimination of the errors typically encountered when relying on inflexible, opaque Excel® based models for forecasting, planning and management tasks
- More time available and the tools required to provide value added analysis while improving business performance across your organisation
The Decision Resources team has over 16 years experience in the successful delivery of IBM Cognos® TM1 and IBM Cognos® Express forecasting solutions from small scale to enterprise level over a broad range of industries, encompassing property, logistics and media & communications; as well as engineering, oil, mining and insurance. We look forward to helping you make your planning process a key business activity, delivering tangible benefits and insights for your company.