Speakers
Bhupendra Berdia (Managing Director, 1Direction Global)
Yogendra Jog (Finance Consultant – Industry Expert)
IBM Cognos® Controller is financial consolidation software that supports the complete close, consolidate and report process, all in one solution managed by finance and accounting.
Reduce Close & Report Times
Automate your close process and simplify the task of providing certified financial information.
Manage Your Own Solution
You can flexibly define and maintain changing rules and processes without coding, scripting or complex language.
Automate Processes
Automate inter-company eliminations, allocations, currency conversions, acquisition calculations and more.
Enhance Audit Control
Track data flow throughout the consolidation process and monitor performance of subsidiary reporting with built-in workflow and status reporting.
Supports Extended Financial Close
Addresses your extended financial close process—close, consolidate, report and file—in an auditable solution owned by the office of finance.
Automate Processes
Automate inter-company eliminations, allocations, currency conversions, acquisition calculations and more.
Enhance Audit Control
Track data flow throughout the consolidation process and monitor performance of subsidiary reporting with built-in workflow and status reporting.
Supports Extended Financial Close
Addresses your extended financial close process—close, consolidate, report and file—in an auditable solution owned by the office of finance.
Automates Consolidation
Automates your financial consolidation processes and accounting procedures—no IT assistance required.
Supports U.S. GAAP, IFRS & More
Support for IAS, IFRS, U.S. GAAP, local GAAPs and other regulatory regimes
Single Common Chart of Accounts
Consolidate thousands of accounts into a common chart-of-accounts structure.
Monitor the Consolidation Process
Use the Company and Group Command Centers to help both reporting users and Group Controllers efficiently carry out tasks during the closing process and monitor and manage the progress.
CLIENT TESTIMONIALS
“Before this solution, consolidating and finalizing our group financial statements took about two weeks. But now, we’re finished in five days. We have integrated Cognos Controller into our Planning Analytics suite which allows us to easily distribute Income statement, Balance Sheet, Cash Flow and various Ratios across the businesses. We needed a consultancy that had not only the relevant IT experience but also a good understanding of the finance function. 1 Direction Global consultants, had both technology and accountancy qualifications, so brought the necessary hybrid of skills to support the roll-out”
Moataz, Financial Planning & Reporting Director at Largest Industrial conglomerates Holding company
PRODUCTS
IBM Cognos Analytics
Unearth deep insights with IBM Cognos Analytics, powered by Artificial Intelligence. Put the power of deep data exploration in the hands of every business user. 1Direction Global Cognos Analytics Consultants can show you how.
IBM Planning Analytics
Deliver confident results faster with IBM Planning Analytics (Powered by TM1). Plan, budget, forecast, analyse and scorecard in one solution for finance teams.
IBM Cognos Controller
Financial Consolidation & Reporting supports the close, consolidation and reporting process with the agility and affordability of an integrated solution.It also helps finance teams deliver financial results, create informative financial and management reports and provide the Chief Financial Officer (CFO) with an enterprise view of key financial ratios and metrics.
IBM Watson Studio
Smart data discovery, automated predictive analytics and cognitive capabilities enable you to interact with data conversationally. Advanced analytics blended with simplicity. Discover relationships and Test correlations.
IBM Cloud Pak for Data
IBM Cloud Pak®️ for Data is a fully-integrated data and AI platform that modernizes how businesses collect, organize and analyze data to infuse AI throughout their organizations. Cloud native by design, the platform unifies market-leading services spanning the entire analytics lifecycle. The solution fully supports multicloud environments such as Amazon Web Services (AWS), Azure, Google Cloud, IBM Cloud®️ and private cloud deployments. Find out how IBM Cloud Pak for Data can lower your total cost of ownership and accelerate innovation.
Scorecarding
Scorecards can be an extremely effective tool for helping organizations define, monitor and communicate progress toward strategic objectives. The scorecarding capabilities available in IBM® Planning Analytics enable organizations to integrate their metrics and key performance indicators (KPIs) into high-participation planning, budgeting and forecasting processes. Scorecards help drive greater accountability and strategy execution.
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