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.



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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