IBM Cognos TM1

Planning, budgeting, forecasting, analysis and scorecarding

IBM Cognos TM1 is an immensely powerful multi-dimensional modelling and performance management platform, which employs ultra-fast in-memory technology. Organisations in all industries from small scale operations to the world’s largest enterprises use TM1 for collaborative, interactive planning and to power their performance analysis and reporting. TM1 is available on-premise or in the cloud.

TM1’s in-memory calculation engine easily handles vast quantities of data, and provides instant aggregation of results. Operational or financial performance models can be scaled-up from a handful of users to enterprise-wide applications and deployed via web, mobile or Excel. TM1 has built-in functionality that provides workflow management for data collection, scenario modelling, score cards and metrics, Key Performance Indicators (KPIs) and strategy modelling.

We view TM1 as the beating heart of our financial performance models. It seamlessly integrates with IBM Cognos BI, IBM CDM and IBM Controller and gives a multi-dimensional analysis capability to Group Finance. One version of the truth exists throughout.

  • Multi-dimensional – Gain insight into what drives performance
  • High participation planning - Engage users across the entire organisation
  • Instant calculation - See results immediately
  • Break-back  - Build plans at a high level that automatically proportionally spread to detail
  • Control - Clear visibility over the planning process workflow, and tight version control
  • ‘What-if’ modelling – Easily apply and investigate different scenarios
  • Commentary – Collect comments from users to understand the story behind the numbers

Planning Tools

TM1 Planning Applications

TM1 Planning Applications are used collect and review planning data from small through to large audiences. There are three different types: Approval, Responsibility and Central.

Approval

Approval applications are used for budgets and forecasts where plans are contributed to over a wide area, either geographically or functionally. They incorporate workflow control that provides the Group Planning function with clear vision of the progress of the plan, and ensures that contributors commit to their plan submissions.

Responsibility

Responsibility applications provide the same wide area workflow functionality, but without the rigid ‘submit/lock’ concept. This makes them suitable for continuous plans or other data collection that is contributed to very frequently or doesn’t have a clear begin and end.

Central

Central applications don’t have the workflow functionality. They are used where there are a small number of people contributing, who are normally located close to one another.

Why choose IBM?

Broad product set

All of the IBM Cognos products are ‘Best of Breed’ for Financial Performance Management. The rich functionality combined with seamless integration means that we always have the right tool at hand without having to go through a selection process of products with a lesser pedigree and poor integration. All the functionality of IBM Cognos is available to both mid-market and large scale organisations, priced competitively and fully scalable to grow with your business.

Trust IBM

IBM is a trusted brand with a long standing reputation for quality. IBM has spent years investing in developing the Cognos Suite and will continue to do so in the long term.

Cost effective

IBM’s Cognos products are a cost effective way to address your business’s unique requirements; from managing cash flow and assets to budgeting & forecasting, consolidation and reporting.

We live and breathe IBM technology

Our experienced consultants know what drives a business and are able to identify the right IBM solution for your needs. We apply the IBM Cognos suite of products to deliver the information that businesses in competitive markets need to thrive.

Discover how Aramar can give you the information to make better decision using IBM Cognos. Make an enquiry with us today on 03301242797 or fill in our simple online form