g a infomart cognos tm1 planning budgeting-forecasting solution
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© 2010 IBM Corporation
Business Analytics
Planning, Forecasting and Budgeting powered by IBM Cognos
© 2011 IBM Corporation
Business Analytics
Finance & IT ChallengesOverview Of Financial Performance Management Product
Portfolio Enterprise Planning & Advanced Analytic SolutionsProof PointsQ&ASummary
Agenda
© 2011 IBM Corporation
Business Analytics
Uncertainty – The New NormalVelocity and Volatility
“Over 60% of Finance executives believe that when the recovery takes hold, the heightened uncertainty in the business will remain”
CFO Magazine/Duke University Business Outlook, September 2009
“~60% of Finance organizations believe that they have to make major changes to respond [to growing industry/sector pressures]...”
2010 IBM CFO Study
© 2011 IBM Corporation
Business Analytics
Persistent Challenges
Spreadsheets FailingSpreadsheets Failing“there have been well-documented cases of errors and losses resulting from spreadsheet manipulation errors and accidents.” Gartner, August 2007
Disparate SystemsDisparate Systems“Average finance organizations operate 11 finance systems per billion dollars of revenue.” Hackett Group, 2007
Business RisksBusiness Risks“62 percent of enterprises … encountered a major risk event … 42 percent of these enterprises were not well prepared for the event.”IBM Global CFO Study 2008
© 2011 IBM Corporation
Business Analytics
Driving a Smarter Enterprise
EXECUTIVEMANAGE-MENT
EXECUTIVEMANAGE-MENT
MARKETINGMARKETING
PRODUCTIONAND
DISTRIBUTION
PRODUCTIONAND
DISTRIBUTION PURCHASING
PURCHASING
TECHNOLOGY
IT/R&D
TECHNOLOGY
IT/R&D
CUSTOMER
SERVICE
CUSTOMER
SERVICE
MARKETINGMARKETING SALESSALESSALESSALES
FINANCE
FINANCE
FINANCE
FINANCE
EXECUTIVEMANAGE-MENT
EXECUTIVEMANAGE-MENT
MARKETING
MARKETING
PRODUCTIONAND
DISTRIBUTION
PRODUCTIONAND
DISTRIBUTION PURCHASING
PURCHASING
HUMANRESOURCESHUMAN
RESOURCESHUMAN
RESOURCESHUMAN
RESOURCESTECHNOLOG
YIT/R&D
TECHNOLOGY
IT/R&D
CUSTOMER
SERVICE
CUSTOMER
SERVICE
SALESSALES
FINANCE
FINANCE
• 70% of CFOs believe they have an advisory or decision making role on an Enterprise Agenda
• Finance needs to improve its effectiveness in order to deliver on the Enterprise Agenda
34%
28%
26%
21%
23%
Driving integration of information across the enterprise
Providing inputs into enterprise strategy
Supporting / managing / mitigating enterprise risk
Measuring / monitoring business performance
Driving enterprise cost reduction
62% 85%
52% 80%
59% 80%
39% 73%
51% 77%
0% 20% 40% 60% 80% 100%
Gap
Importance Effectiveness
Source: 2010 IBM Global CFO study
2
1
3
© 2011 IBM Corporation
Business Analytics
This requires improved finance efficiency and business insight
Source: IBM Global 2010 CFO study
© 2011 IBM Corporation
Business Analytics
Finance & IT ChallengesOverview Of Financial Performance & Strategy
Management Product Portfolio Enterprise Planning & Advanced Analytic SolutionsProof PointsQ&ASummary
Agenda
© 2011 IBM Corporation
Business Analytics
Financial Performance Management is the systematic reporting, analysis, planning, and optimization of enterprise performance to support growth, profitability, and compliance demands.
Financial Performance Management systems structure and automate the processes that help companies
–Plan, forecast and control enterprise resources;
–Measure, analyze and optimize performance;
–Report to external stakeholders with confidence.
Financial Performance & Strategy Management Defined
© 2011 IBM Corporation
Business Analytics
9
SPSSPredictive Capabilities
TM1On-demand Planning & Analytics
Business Analytics
Business ViewpointDimension Management
Business IntelligenceReporting, Analysis,
Dashboarding, and Scorecarding
ControllerConsolidation and Corporate
Reporting
ExpressBI and planning purpose-built for
midsize companies
Analytic Applicationspackaged reporting and analysis
to optimize business performance
© 2011 IBM Corporation
Business Analytics
• Account Analysis
• Close Analytics• Financial
Consolidation• Corporate
Reporting
• Financial Analytics
• Spend Analytics• Profitability
Analytics• Product, Market,
Channel Analysis
• Strategic Finance• Revenue Planning
and Forecasting• Expense Planning
& Control• Workforce
Planning• Capital and
Initiative Planning
Financial Performance and Strategy Management
Business Drivers
Close,Consolidate, and Report
Analyze &Optimize
Plan, Budgeting , and Forecasting
Performance Reporting and Scorecarding
© 2011 IBM Corporation
Business Analytics
EXECUTIVEMANAGE-MENT
EXECUTIVEMANAGE-MENT
MARKETING
MARKETING
PRODUCTIONAND
DISTRIBUTION
PRODUCTIONAND
DISTRIBUTIONPURCHASIN
GPURCHASIN
G
TECHNOLOGY
IT/R&D
TECHNOLOGY
IT/R&D
CUSTOMER
SERVICE
CUSTOMER
SERVICE
MARKETING
MARKETING
SALESSALESSALESSALES
FINANCE
FINANCE
FINANCE
FINANCE
EXECUTIVEMANAGE-MENT
EXECUTIVEMANAGE-MENT
MARKETING
MARKETING
PRODUCTIONAND
DISTRIBUTION
PRODUCTIONAND
DISTRIBUTIONPURCHASIN
GPURCHASIN
G
HUMANRESOURCESHUMAN
RESOURCESHUMAN
RESOURCESHUMAN
RESOURCESTECHNOLOG
YIT/R&D
TECHNOLOGY
IT/R&D
CUSTOMER
SERVICE
CUSTOMER
SERVICE
SALESSALES
FINANCE
FINANCE
Planning and Analytics: A Distinctive IBM Advantage
IBM Advantage
Connect financial and operational planning
Address both high participation and deeply analytic planning
Over 75 performance blueprints to accelerate success
Advanced analytic value– Dashboarding/Visualization– Scenario Analytics– Statistics / Predictive Analytics
Business Drivers
Close,Consolidate, and Report
Analyze &Optimize
Plan, Forecast, and Control
Performance Reporting and Scorecarding
FINANCE
© 2011 IBM Corporation
Business Analytics
Connect Financial and Operational Planning and Forecasting
IBM Advantage:
Common technology leverage with deep functional & industry
blueprints
© 2011 IBM Corporation
Business Analytics
13
© 2011 IBM Corporation
Business Analytics
Finance & IT ChallengesOverview Of Financial Performance & Strategy
Management Product Portfolio Enterprise Planning SolutionsProof PointsQ&ASummary
Agenda
© 2011 IBM Corporation
Business Analytics
• Strategic Finance• Revenue Planning
and Forecasting• Expense Planning
& Control• Workforce
Planning• Capital and
Initiative Planning
Plan, Forecast, and Control
IBM Cognos TM1 A patented 64-bit read-write in-memory OLAP engine that provides compact
data storage and exceptionally fast performance
Model design and data access that presents business information in familiar formats
Ease of use, thanks to a development environment that enables users to create sophisticated applications with no need for programming or traditional IT skills
An intuitive, flexible approach, which enables users to easily express complex, multi-dimensional business rules
Fuses Analysis & Planning together to provide greater accuracy
A component of Cognos Performance Management Platform
Business Drivers
Close,Consolidate, and Report
Analyze &Optimize
Plan, Budgeting , and Forecasting
Performance Reporting and Scorecarding
© 2011 IBM Corporation
Business Analytics
Contribute• Familiar Web & Excel Deployment
• Rich Workflow
• Enterprise in scope with Application linkage
• Start small and expand enterprise wide
• Analysis Embedded in Contribution Process
Model• Centralized meta-data, data and
business rule definitions
• Owned by Office of Finance
• Support of Planning Best Practices
• Driver based Planning
• Rolling Forecasts
Analyze• Explore Performance Gaps
• Validate Corporate Drivers
• Define “What If” Scenarios
•Organizational, Product Family, Product/Channel Mix
•Test confidence levels of What If scenarios
• Validate Planning Assumptions
Evolving Customer Requirements
© 2011 IBM Corporation
Business Analytics
IBM Cognos TM1 Analysis
A patented 64-bit read-write in-memory OLAP engine:
–Optimized for large data volumes–Instantaneous updates from streamed
data–Drill through to transaction systems
for greater detailed analysis Supports multi-dimensional analysis Advanced Sorting and Ranking Public and Personal Views Familiar Excel & Web interfaces
© 2011 IBM Corporation
Business Analytics
IBM Cognos TM1 Advanced Analytics for Better Resource Allocation Decision-Making
Personal Scenarios
Contribution and Workflow
Easier, QuickerSolution Deployment
© 2011 IBM Corporation
Business Analytics
Analyze – Scenario Modeling
Capabilities:Leverage SPSS predictive capabilities
Explore Performance Gaps
Validate Corporate Drivers
Define “What If” Scenarios– Organizational, Product Family,
Product/Channel Mix
Validate Planning Assumptions
Benefits: Ability to meet the dynamic needs
of the organization…..
Provide a fact based approach planning processes
© 2011 IBM Corporation
Business Analytics
Model• Centralized meta-data, data and business rule definitions
• Owned by Office of Finance
• Support of Planning Best Practices
• Driver based Planning
• Rolling Forecasts
Analyze
Evolving Customer Requirements
Contribute
Model
© 2011 IBM Corporation
Business Analytics
IBM Cognos TM1 Modeling
Expression based modeling environment to define future based planning and analysis assumptions
Integrated with HISTORICAL SPSS based forecasts
On demand interactive simulation to test business scenarios
Provides real time responsiveness for large and sophisticated models
Can be deployed through Microsoft Excel & Contributor for new planning and analysis solutions
An extension of the analysis process
Owned by finance/business user
© 2011 IBM Corporation
Business Analytics
IBM Integrated Planning & Advanced Analytics Modeling
Capabilities: Fusion of Statistical & Judgment based forecasting
Sophisticated Statistical capabilities to:– Generate statistical base line forecasts derived from historical data – Validate current forecast assumptions and drivers– Identify inaccurate planning
Centralized meta-data, data and business rule definitions
Certified connectors to SAP BW & R3
Owned by Office of Finance
Support of Planning Best Practices– Statistical & Driver based Planning– Rolling Forecasts
Benefits: Ability to meet the dynamic needs of the organization
Flexible to meet the broad requirements of financial & operational planning solutions
Adapts to your business process
Single version of the truth for all planning processes
© 2011 IBM Corporation
Business Analytics
Contribute• Familiar Web & Excel Deployment
• Rich Workflow
• Multiple Personalized Scenarios based on statistical base-line forecasts
• Enterprise in scope with Application linkage
• Start small and expand enterprise wide
• Analysis Embedded in Contribution Process
Analyze
Evolving Customer Requirements
Model
© 2011 IBM Corporation
Business Analytics
Contribution
Capabilities: Familiar Web & Excel Deployment
Rich Workflow
Provides statistical base line personal scenarios
Application linkage–Start small and expand enterprise wide
A component of Cognos Performance Platform
Benefits: Timeframe-appropriate Plans
High Participation & Data Volumes
A Wider / Deeper View
Increased accuracy
© 2011 IBM Corporation
Business Analytics
IBM Cognos TM1 Excel Based Contribution
TM1 Server Explorer for power users to maintain dimensions, cubes, rules, and integration
TM1 Excel to create rich planning and analysis solutions
TM1 Web to deploy TM1 based Excel applications across the organization
IBM Cognos 8 Business Intelligence for enterprise level analysis, scorecarding and financial & production reporting.
© 2011 IBM Corporation
Business Analytics
Workflow Pick lists (driver execution) Undo/Redo feature End User Personalization (Multi
pane docking) Multiple Personalized Scenarios
based on statistical base-line forecasts
Personalized Hierarchies Color code data changes Charting Drill down Support
IBM Cognos TM1 Managed Contribution
© 2011 IBM Corporation
Business Analytics
Finance & IT ChallengesOverview Of Financial Performance Management Product
Portfolio Enterprise Planning & Advanced Analytic SolutionsProof PointsQ&ASummary
Agenda
© 2011 IBM Corporation
Business Analytics
ChallengeChallenge
Needed budgeting, forecasting data faster (within 3rd-4th working day of months versus 10th)
Solution required to pass internal security audits
SolutionSolution Consolidated KPIs (of 100K records)
in less than two minutes; unified views for management calls
Budgeting reduced to one month from three; updates in real-time to meet today’s turbulent economy
Complex financial analytics on data updated hourly
Comprehensive security, audit trails
Live on system within 6 weeks
Reduction in travel expenses
DHL Global Forwarding North America – Leading air, ocean freight
Business Drivers
Close,Consolidate, and Report
Analyze &Optimize
Plan, Forecast, and Control
Performance Reporting and Scorecarding
© 2011 IBM Corporation
Business Analytics
ChallengeChallenge
Data for project costs gathered from a myriad of personnel and business units for Rate Modeling
Spreadsheets unable to handle the data volumes on highly complex projects.
SolutionSolution Fast, accurate financial reporting
for projects and financial performance
An integrated budgeting process with what-if scenarios, forecasting, analysis, automated consolidation
Analysis of cost base, producing 800+ reports/month for budgeting/planning process
BAE Systems, Defense and Aerospace
Business Drivers
Close,Consolidate, and Report
Analyze &Optimize
Plan, Forecast, and Control
Performance Reporting and Scorecarding
© 2011 IBM Corporation
Business Analytics
ChallengeChallenge
Slow budgeting and performance management software – delayed data/slow processes
Data across 13 units from a multiplicity of systems
Difficult maintenance for thinly stretched IT Staff
SolutionSolution Faster, more simplified
budgeting process
Greater access to daily reports that directly affect profitability
Analytics to identify proper staffing levels and success of marketing campaigns
Improved inventory management
Blue Mountain: Ontario’s Largest Mountain Resort
Business Drivers
Close,Consolidate, and Report
Analyze &Optimize
Plan, Forecast, and Control
Performance Reporting and Scorecarding
© 2011 IBM Corporation
Business Analytics
Planning, Budgeting and Forecasting
FROM
Limited reach, low speed
Financial - only focus
Static, long horizons
Inconsistent data definition
Move Finance from a BackOffice process
TOHigh participation, high frequency
Driver-based, connected across finance and ops
Rolling, Dynamic horizon
Consistent data definitions
Value Integrator
Summary
© 2011 IBM Corporation
Business Analytics
© Copyright IBM Corporation 2011 All rights reserved. The information contained in these materials is provided for informational purposes only, and is provided AS IS without warranty of any kind, express or implied. IBM shall not be responsible for any damages arising out of the use of, or otherwise related to, these materials. Nothing contained in these materials is intended to, nor shall have the effect of, creating any warranties or representations from IBM or its suppliers or licensors, or altering the terms and conditions of the applicable license agreement governing the use of IBM software. References in these materials to IBM products, programs, or services do not imply that they will be available in all countries in which IBM operates. Product release dates and/or capabilities referenced in these materials may change at any time at IBM’s sole discretion based on market opportunities or other factors, and are not intended to be a commitment to future product or feature availability in any way. IBM, the IBM logo, Cognos, the Cognos logo, and other IBM products and services are trademarks of the International Business Machines Corporation, in the United States, other countries or both. Other company, product, or service names may be trademarks or service marks of others.
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