Financial Performance Management for Midsize Companies - - PowerPoint PPT Presentation

Financial Performance Management for Midsize Companies

Agenda

Cognos & eCapital Advisors At a Glance What is “Performance Management”? Challenges that midsize organizations face Cognos TM1 MidMarket Edition Demo Q & A

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.

RETAIL PHARMA/ HEALTHCARE FINANCIAL SERVICES MANUFACTURING

Proven Customer Value in midsize and Enterprise

• rganizations

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

Manufacturing Clients Retail Clients Service Industry Clients Healthcare Clients Other Clients

MANUFACTURING RETAIL SERVICES HEALTH CARE OTHER

eCapital Advisors Proven Clients

Agenda

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

The Cognos PM Framework

Financial Management Expense Management Revenue Management Long Term Asset Management

Why?

• What should we be doing?

How are we doing?

Finance Product Development Operations Human Resources IT/Systems Customer Service Marketing Sales

Financial Consolidation

Report to external stakeholders with confidence

Financial Analytics

Analyze and optimize performance

Planning

Plan, forecast and control enterprise resources

What is “FPM”?

Financial Performance Management is: a) a specialized type of Performance Management b) the systematic reporting, analysis, planning, and

• ptimization of performance

to support corporate growth, profitability, and compliance c) centered in the Office of Finance, but extends into Operations

Agenda

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

Why Consider Implementing FPM?

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

“What are your most profitable business units / products / market segments/ Channels”?

• How quickly can you answer?
• With what degree of confidence?

CFO Controller Tax / Treasury FP & A

Challenges Facing Midsize organizations

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

Unable to respond to increasing demand from business

Limited budget and resources Limited BI/PM experience Growing number of data sources and data volumes

Business IT

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 contain unintended errors Untrustworthy: No confidence in source and accuracy Insecure: Security is monolithic, no audit trail Cumbersome: No process automation, long cycles,

unintuitive analytics, manual hierarchies

Fragile: Lack of collaboration and repeatability for

continuous processes (e.g. budgeting and planning)

Inaccurate: Inaccurate: Almost certain to contain unintended errors Untrustworthy: Untrustworthy: No confidence in source and accuracy Insecure: Insecure: Security is monolithic, no audit trail Cumbersome: Cumbersome: No process automation, long cycles,

unintuitive analytics, manual hierarchies

Fragile Fragile:

: Lack of collaboration and repeatability for

continuous processes (e.g. budgeting and planning)

Agenda

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

Introducing Cognos TM1 MidMarket Edition

Planning, Budgeting & Forecasting Financial Analytics and Reporting A performance management solution for midsize

• rganizations

Read/write at “speed of thought” What-if scenario modeling In-memory multi-dimensional cubes

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)

Cognos TM1: Database Components

Feature Benefit 64-bit Model and analyze large data volumes with fast response times In- Memory Easily create simulations interactively to test new business assumptions Multi- Cube Model any type of business process; natural way to build models 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.

Server Explorer Server Explorer Cube Viewer Cube Viewer TM1 Icon Bar TM1 Icon Bar

Cognos TM1: One Technology, Multiple Applications

An integrated extensible application for all users and business functions, with common:

• architecture
• fact data
• reference data
• scenarios
• business rules
• workflow
• presentation
• security

An integrated extensible application for all users and business functions, with common:

• architecture
• fact data
• reference data
• scenarios
• business rules
• workflow
• presentation
• security

Finance Customer Product Workforce

Consolidation

Product Profitability Salary Planning Resource Planning Customer Profitability Project Mgmt

Cognos TM1

Marketing Effectiveness Pipeline Analysis Production Planning Quality Tracking

Balance Sheet Cash Flow Profit & Loss

Churn Analysis Sales Commissions Inventory Mgmt

Cognos TM1: Solution Capabilities

Cognos TM1: Analyst Dashboard

Cognos TM1: Financial Reporting

Cognos TM1 : Transaction Drill-Thru

Cognos TM1 MidMarket Edition Delivers:

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

Collaborative business model

Financial & Business Analyst

Cognos TM1 MidMarket Edition Delivers:

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

• Deploy Easier
• Reach Further
• React Faster

Organizational effectiveness and efficiency

Agenda

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

Summary : Cognos TM1 MidMarket Edition

Enables the transformation to manage risk and drive better performance Adaptive solution that evolves and grows with your business Leverages existing business and IT skills and resources Flexible Pricing and packaging

A performance management solution for midsize organizations

MIDSIZE ORGANIZATION

• Deploy Easier
• Reach Further
• React Faster

Thanks, and any questions?