IBM Cognos 8 Controller

Overview

IBM Cognos 8 Controller provides Finance organizations with unmatched capabilities for managing the close, consolidation, and reporting process. An automated, menu-driven application that is owned and managed by Finance, IBM Cognos 8 Controller can consolidate diverse ledgers representing thousands of operating units and accounts into a common chart-of-accounts structure.

IBM Cognos 8 Controller reduces close cycle times and gives you the transparency that is essential for sustained compliance with Sarbanes-Oxley and IFRS. It supports local, regional, or global requirements, and enables you to adapt to business and regulatory changes in real time.

What IBM Cognos 8 Controller Offers to Finance Leaders
IBM Cognos 8 Controller offers critical benefits for the key members of your finance team—and for the CIO, who needs to ensure compatibility with existing IT investments:

  • For Corporate Controllers: IBM Cognos 8 Controller enables the corporate controller to automate the entire close process, from data collection to financial consolidation to output. Close cycle times are reduced while data integrity is assured.
  • For the CFO: IBM Cognos 8 Controller reduces risk and provides the CFO with an enterprise view of key financial ratios and results. Greater visibility improves strategic decision making across the organization, while the high quality of financial results eases external reporting and compliance.
  • For the CIO: IBM Cognos 8 Controller allows the CIO to leverage current IT investments while ensuring that centralized systems meet the demand for secure and reliable data. And it offers the opportunity for performance management standardization from a single vendor, with enterprise planning and business intelligence across a single architecture and platform.

IBM Cognos 8 Controller is the only solution that includes more than 200 pre-configured, standard reports to satisfy the demands of management and regulators. All the reports required at key stages of the close process are available automatically—no custom report creation is needed.

In addition, IBM Cognos 8 Controller is seamlessly integrated with IBM Cognos 8 Planning and IBM Cognos 8 Business Intelligence. It enables performance management to be integrated at the data, security and process level—all at a low total cost of ownership.

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Additional Resources:


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Financial Consolidation & Reporting
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See why IBM Cognos 8 Controller sets the new standard for financial reporting and consolidation.
Consolidation: Laying the Groundwork for Sustainable Compliance
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Learn how state-of-the-art solutions lead to faster, more transparent and more accurate reporting.
Consolidation Automation: Advancing Compliance and Performance Management
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Automate with the right tools, and your compliance and performance management efforts can be mutually supportive.
Alliance Boots simplifies and improves month-end closing process
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Streamlining the close process for 3,000 retail outlets.
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