IBM Cognos Controller

Customer Challenges

What is IBM Cognos Controller

Cognos Controller is a comprehensive solution that offers power and flexibility for streamlined, best-practice financial consolidation and reporting — all in one solution.

Its full suite of capabilities delivers a complete portfolio of financial results and provides an integrated platform for financial and management reporting. A web application for reporting site users offers an efficient way of reconciling and submitting data. And an on-cloud deployment option helps organisations meet their individual IT requirements without limiting future options.

 

Benefits

Financial teams drive efficiencies, accuracy and reliability into the close cycle

by making use of out-of-the-box capabilities to improve and automate:

  • Data collection and validation

  • Reconciliations

  • Workflow and tasks to improve the close cycle

  • Currency conversion

  • Minority interest calculations

  • Inter-company eliminations

  • Group closing adjustments

  • Management adjustments

  • Allocations

  • Advanced calculations and compliance testing

  • Consolidated financial reporting for local jurisdictions and multilingual

reporting that supports IFRS, FASB, Basel II and Sarbanes-Oxley

requirements and is designed to handle any GAAP or regulatory environment

  • Trim days off your monthly close process by automating data collection, data entry and time-consuming consolidation and accounting procedures

  • Know exactly where your entities are throughout the close process

  • See who has submitted and processed their consolidations or completed inter-company eliminations

  • Improve the integrity of your financial data with detailed audit trails, tracking data flow throughout the consolidation process and maintaining accountability

  • Embrace a self-service, finance-owned and managed solution, giving you real-time data updates and the flexibility to easily define and maintain rules and processes

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