IBM® Performance Management solutions help transform slow, expensive and disconnected performance planning and management processes into dynamic, efficient and connected experiences, serving finance, line-of-business and IT professionals alike and helping to create ‘analytics-driven’ organizations. Performance management solutions allow organizations the ability to track performance against corporate objectives to identify performance gaps and perform ‘what-if’ scenarios; replace rigid budgets with continuous planning and more frequent forecasting; and ensure the quality and accuracy of financial numbers for timely, sustainable regulatory compliance, including IFRS and XBRL-tagged reporting.
IBM Cognos® TM1®
IBM Cognos TM1 is an enterprise planning software platform that can transform your entire planning cycle, from target setting and budgeting to reporting, scorecarding, analysis and forecasting. Available as an on-premise or on-cloud solution, and with extensive mobile capabilities, Cognos TM1 enables you to collaborate on plans, budgets and forecasts. You can analyze data, and create models – including profitability models – to reflect a constantly evolving business environment. In addition, integrated scorecards and strategy management capabilities help you monitor performance metrics and align resources and initiatives with corporate objectives and market events.
IBM Cognos Disclosure Management
IBM Cognos Disclosure Management is a secure, collaborative, enterprise-scalable reporting and process automation solution that enables users to merge enterprise data with focused narrative analysis in a controlled, auditable environment. It automates the collection of any and all data in a single, dynamic reporting and analysis solution. Multiple participants in different departments can collaborate in the assembly of complex reports, working independently while ensuring that proper controls and approvals are in place. Cognos Disclosure Management provides integrated tagging to use on various regulatory filings and can create extension taxonomies with pivot based navigation for easy review.
IBM Cognos Controller
IBM Cognos Controller is financial consolidation software that supports the complete close, consolidate and report process. Automate and accelerate the close process with a full suite of financial consolidation software designed for finance users. Cognos Controller allows you to deliver complete financial results, create financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics.
IBM Cognos Incentive Compensation Management
IBM Cognos Incentive Compensation Management enables organizations to automate the process of administering, calculating, reporting and analyzing variable-based pay programs. It enhances incentive compensation management by increasing accuracy, reducing costs and improving visibility into sales performance and compensation plans. Cognos Incentive Compensation Management provides a cloud solution to help you get up and running more quickly, which reduces the burden on IT teams.