Optimize financial close, consolidation and reporting
- Transform your organization's financial close, consolidation and reporting by automating time-consuming processes and accounting procedures.
- Create financial reports faster while increasing visibility and transparency in the financial close process, improve financial reporting efficiency and simplify regulatory filing.
- Automate your entire extended financial close process, and streamline management and regulatory reporting.
Features
Faster financial close
Simplify the task of providing certified financial information and cut days off your monthly close.
Local and global financial consolidation
Supports consolidated financial reporting for local jurisdictions and multilingual reporting.
Automated regulatory and financial reporting
Quickly create close reports, financial statements, management and regulatory reports, and deliver to internal and external stakeholders.
Featured solution
IBM Cognos® Controller
IBM Cognos Controller supports the entire close, consolidation and reporting process. Its full suite of capabilities delivers complete financial results and provides an integrated platform for financial reporting. It enables finance teams to automate and accelerate the financial close with minimal IT support.
Customer success
MINIT Group
IBM Cognos Controller reduces time spent on consolidation and reporting processes by three to four hours per week and saves a day on month-end closing.
Emirates National Oil Company
IBM Cognos Controller has streamlined the complex consolidation process, enabling financial data to be collected automatically from dozens of sources and nearly eliminating the risk of error.
Resources
IBM Cognos Controller
Cognos Controller provides accurate, auditable financial data in an automated, menu-driven solution.
Related solution
IBM Planning Analytics
Planning, budgeting, forecasting and multidimensional analysis — powered by IBM TM1®.
“ Analytics helps us manage corporate growth without significantly increasing the size of our finance team. ”
— Nitin Nahar, Management Reporting & Financial Planning, Emirates National Oil Company
Contact an expert
Engage thought leaders, distinguished engineers and data science experts who have worked with thousands of clients to build winning data, analytics and AI Strategies