Bangkok--18 Jul--IBM
IBM offers Business Analytics software to help address challenges faced by finance professionals in measuring business performance, providing inputs for enterprise strategy, driving enterprise cost reduction, and managing risk. The latest IBM Cognos 10 solutions that can drive innovation into enterprise planning, analysis and profitability modeling process. The latest advances in IBM Business Analytics software, illustrating how companies can establish a more dynamic, reliable planning, analysis and profitability modeling system that connects operational and financial performance to help companies anticipate and act on business opportunities and risk more effectively.
Mrs. Jadesada Kraisingkorn, Country Manager, Software Group, IBM Thailand Co.,Ltd. said “This platform helps companies take a more programmatic approach to risk management and regulatory compliance and achieve better alignment of risk and performance management objectives, saving money and improving business outcomesIBM delivers an integrated financial close management platform that automates — within a single, unified application — processes spanning financial consolidations, external reporting, reconciliation management and continuous controls”
The capabilities of IBM Cognos BI, IBM Cognos BI — Scorecarding, IBM Cognos TM1 and SPSS Modeler this solution enables finance managers to anticipate performance gaps between forecasts, targets and actuals for important financial management, revenue, expense and capital management Key Risk Indicators (KRIs) in an executive dashboard format. Built-in KRIs provide early warning signals of possible weaknesses in key areas of the business.
There is increasing pressure to gain more visibility, insight, and control to drive the firm's financial stability. To meet these demands, organizations are placing greater emphasis on end-to-end reporting, scenario modeling, optimizing, and effective planning and forecasting. Finance organizations must drive a smarter enterprise through improved analytics and operations efficiency. Surviving and thriving in the recovery means anticipating and shaping business outcomes, and driving transparency to manage risk and improve decision making.