CCI has embraced the application suite from IBM Cognos which supports the Office of Finance, and we have financial technical consultants available to design and implement these solutions with you. These systems are not designed to run “out of the box”, but rather must be crafted to mirror your organization, its reporting structure as well as financial processes.

Using the Enterprise Planning suite from Cognos, CCI can create sophisticated models which mirror your organization and its reporting structure. These models allow the appropriate managers and executives to enter critical budget or forecast data for which they are responsible into specific cells. All forecast and budget sheets are then rolled up and consolidated through the appropriate hierarchy.

Executives can use these models to do “what if” analysis, such that they can see how an increase or decrease in a certain area ripples across the organization. Once in place the process of forecasting, budgeting and planning becomes all inclusive, dynamic and ongoing, no longer a once a year exercise.

Financial Reporting with Cognos is done using Cognos Controller. It provides Finance organizations with unmatched capabilities for managing the close, consolidation, and reporting process. An automated, menu-driven application that is owned and managed by Finance, Controller can consolidate diverse ledgers representing thousands of operating units and accounts into a common chart-of-accounts structure.

Controller reduces close cycle times and gives you the transparency that is essential for sustained compliance with Sarbanes-Oxley and IFRS. It supports local, regional, or global requirements, and enables you to adapt to business and regulatory changes in real time.

CCI’s consulting resources bring the appropriate mix of financial and technical expertise to your project ensure a final solution for the office of finance that makes your vision a reality. Finally, should you want to use IBM Cognos Business Intelligence to integrate into your office of finance solution, CCI can deliver.