Financial Performance Management for Midsize Companies. Chris Evers ecapital Advisors Jean Nitchals ecapital Advisors

Transcription

1 Financial Performance Management for Midsize Companies Chris Evers ecapital Advisors Jean Nitchals ecapital Advisors

2 Agenda Cognos & ecapital Advisors At a Glance What is Performance Management? Challenges that midsize organizations face Cognos TM1 MidMarket Edition Demo Q & A

3 Cognos, an IBM company, At A Glance Focused exclusively on Business Intelligence and Performance Management solutions Deep and wide BI & PM product portfolio, integrated on the Cognos 8 platform (now at Version 8.3) Global Reach: 23,000+ customers in 135+ countries 80% of Fortune 1000 Strong channel network: 3,000+ channel partners Employees: 3,600+ employees 890+ strong R&D team 1,800+ customer-facing field force As of January 31, 2008, Cognos is a business unit of IBM, the world s largest provider of information technology.

4 Proven Customer Value in midsize and Enterprise organizations RETAIL PHARMA/ HEALTHCARE FINANCIAL SERVICES MANUFACTURING

5 ecapital Advisors Overview Complete Range of Performance Management Services Strategic Assessments & technology planning PM Consultants with extensive implementation experience Financial consultants with planning, financial reporting & consolidations experience Business Intelligence consultants with DW skills & delivery experience Experience across BI & Planning teams with current platforms High value proposition Strategic Implementation Methodology Delivering top quality solutions to maximize return on investment (ROI) Comprehensive Vendor Partnership Rich references & industry contacts Dedicated, experienced & trained consultants

6 ecapital Advisors Proven Clients Manufacturing Clients Retail Clients Service Industry Clients MANUFACTURING RETAIL SERVICES Healthcare HEALTH Clients CARE Other Clients OTHER

7 Agenda Cognos At a Glance What is Performance Management? Challenges that midsize organizations face Cognos TM1 MidMarket Edition Demo Q & A

8 The Cognos PM Framework Financial Management How are we doing? Why? What should we be doing? Revenue Management PERFORMANCE Expense Management Long Term Asset Management

9 What is FPM? Financial Performance Management is: Sales a) a specialized type of Performance Management b) the systematic reporting, Marketing analysis, planning, and optimization of performance to support corporate growth, profitability, and compliance Finance Financial Analytics Analyze and optimize performance Product Development Planning Plan, forecast and control enterprise resources Financial Consolidation Report to external stakeholders Operations with confidence c) centered in Customer the Office of Finance, but extends Service into Operations IT/Systems Human Resources

10 Agenda Cognos At a Glance What is Performance Management? Challenges that midsize organizations face Cognos TM1 MidMarket Edition Demo Q & A

11 Why Consider Implementing FPM? CFO What would you answer to: Are your planning cycles long and frustrating? Are your Management tools ineffective and inefficient? Are your budgets and forecasts inaccurate? Would you be able to answer the question Tax / Treasury Controller FP & A What are your most profitable business units / products / market segments/ Channels? How quickly can you answer? With what degree of confidence?

12 Challenges Facing Midsize organizations Business Need to be more effective and efficient Unable to readily view and use their information Over reliance on spreadsheets Need solutions to drive competitive advantage Purpose-built BI and PM perceived as too large and complex IT Unable to respond to increasing demand from business Limited budget and resources Limited BI/PM experience Growing number of data sources and data volumes

13 Spreadsheets are the Incumbent FPM Solution Comfort Factors: Pervasive, Powerful, Personal, Familiar, Flexible A numerical Swiss Army Knife for many companies: Data Collection, Business Modeling, Analysis, Reporting But Spreadsheets are a Breeding Ground for Risk! Inaccurate: Almost certain to to contain unintended errors Untrustworthy: No confidence in in source and accuracy Insecure: Security is is monolithic, no no audit trail Cumbersome: No process automation, long cycles, unintuitive analytics, manual hierarchies Fragile: Lack of of collaboration and repeatability for continuous processes (e.g. budgeting and planning)

14 Agenda Cognos At a Glance What is Performance Management? Challenges that midsize organizations face Cognos TM1 MidMarket Edition FPM Product Demo Q & A

15 Introducing Cognos TM1 MidMarket Edition A performance management solution for midsize organizations Planning, Budgeting & Forecasting Financial Analytics and Reporting Read/write at speed of thought What-if scenario modeling In-memory multi-dimensional cubes

16 Cognos TM1: Presentation Components Cognos TM1 Server Explorer Multi-dimensional engine for interactive business modeling and scenario analysis. Build, deploy, and maintain application dimensions, cubes, rules, security, etc. Cognos TM1 Excel Easily create reports and templates deployed via Excel or web Cognos TM1 Web Simply access Excel generated reports or input templates Cognos TM1 Executive Viewer Self-service ad-hoc analysis, visualization and report environment optimized for R/W access to TM1 (also supports Essbase, MSAS, SAP BW)

17 Cognos TM1: Database Components Feature 64-bit Benefit Model and analyze large data volumes with fast response times TM1 Icon Bar TM1 Icon Bar Server Explorer Server Explorer In- Memory Easily create simulations interactively to test new business assumptions Multi- Cube Model any type of business process; natural way to build models Cube Viewer Cube Viewer Rules Language Create complex financial applications Turbo Integrator Easily loads large amounts of data quickly (e.g., intraday) from any sources including ERP, DW, etc.

18 Cognos TM1: One Technology, Multiple Applications Cash Flow Pipeline Analysis Churn Analysis Consolidation Finance Balance Sheet Customer Profitability Customer Profit & Loss Marketing Effectiveness Cognos TM1 Salary Planning Production Planning Project Mgmt Workforce Sales Commissions Quality Tracking Product Profitability Product Resource Planning Inventory Mgmt An integrated extensible application for all users and business functions, with common: architecture fact data reference data scenarios business rules workflow presentation security

19 Cognos TM1: Solution Capabilities

20 Cognos TM1: Analyst Dashboard

21 Cognos TM1: Financial Reporting

22 Cognos TM1 : Transaction Drill-Thru

23 Cognos TM1 MidMarket Edition Delivers: Collaborative business model Financial & Business Analyst Flexible, easy to use Ideal for what-if scenario modeling Read/write at speed of thought Centrally managed business hierarchies, rules, calculations Leverages familiar Microsoft Excel environment Simplified data extraction & transformation

24 Cognos TM1 MidMarket Edition Delivers: Organizational effectiveness and efficiency Deploy Easier Reach Further React Faster IT Reduces demands on IT Drives accountability to the business Rapid business centric application development Single product with simple install Self tuning/optimization of in-memory data Centrally managed solution Priced and packaged to fit your budget

25 Agenda Cognos At a Glance What is Performance Management? Challenges that midsize organizations face Cognos TM1 MidMarket Edition Demo Q & A

26 Summary : Cognos TM1 MidMarket Edition A performance management solution for midsize organizations Enables the transformation to manage risk and drive better performance Deploy Easier Reach Further React Faster MIDSIZE ORGANIZATION Adaptive solution that evolves and grows with your business Leverages existing business and IT skills and resources Flexible Pricing and packaging

27 Thanks, and any questions? Chris Evers ecapital Advisors Jean Nitchals ecapital Advisors