Planning-Led Performance Management

Step 1: Address

ADDRESS initial needs


Reporting
Explore the IBM Cognos 8 Planning Interface.

Spreadsheets are useful, but inherently disconnected. They create a host of obstacles for any finance organization trying to reduce budget-process cycle times, increase the reliability of forecasts, or simply track what is happening in the planning process.

As spreadsheets proliferate, these obstacles multiply. So the initial step toward better planning, budgeting and forecasting is to adopt a dedicated planning tool to automate the process. IBM Cognos 8 Planning makes routine processes run more efficiently, so you can:

  • Create and distribute budgets faster, with less staff effort, while engaging more contributors
  • Reduce planning, budgeting and forecasting cycle times
  • Eliminate disconnected spreadsheets, cutting versioning and control errors

Review these materials to learn how to address your initial process needs and, in the words of Ventana Research, take “a time-consuming, nearly universally loathed exercise, and…transform it into a value-generating process.”

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Additional Resources:


IBM Cognos 8 Planning: Agility to Transform Your Business
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Selecting the Right Enterprise Planning Solution: Considerations for Software Evaluators
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IBM Cognos TM1
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Walk through the five phases of the business analytics life cycle with IBM Cognos TM1; and see how IBM Cognos TM1 Executive Viewer provides you with on-the-fly insight.
Selecting the Right Enterprise Planning Solution
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What you should consider as you evaluate competing enterprise planning solutions.
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