IBM Controller

CLOSE | CONSOLIDATE | REPORT

Memuna Janneh

Cognos Consultant, Logicalis UK

About Memuna…

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Principal Consultant - Financial Consolidation solutions, LUK

Expertise IBM Cognos Controller & IBM Cognos TM1

BackgroundExperienced Group Accountant with over 15 years experience in implementing financial reporting solutions worldwide.

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Internal

External

investorscustomers/supplierspartnersindustryauditors regulators state authoritiesfinancial institutions

business managersbudget holders board senior management

employees

Financial Performance Management

…Who for?

Financial Performance Management

…What info?

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Internal

External

compliance.

profitability.

liquidity.

efficiency.

business

insights.operational

info.

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Finance

HR

Treasury

Tax

Operations

Group Finance

Financial Performance Management

…How?

Financial Performance Management

…How?Group hierarchy…multiple entities (bottom-up)…multiple geographies…multiple lines of business…multiple currencies…several regulations – GAAP, IFRS, industry disclosures, etc.…not standardized

Group Finance

An offline approach…

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• Unsecure• Fragmented (difficult to control)• Complex audit trail• Data integrity issues• Maintenance issues (not

centralised)• Static (no dynamic drilldowns)• Limited granularity• Version control issues• Difficult to track progress• Multiple versions of the truth• Cumbersome to

manage/change/update• Protracted close cycle

Multiple sources

Computations Validations

Complex links

Manual

The IBM way…

CONTROLLER

TM1

CAPTURE

Consolidatethe

Financials.

REPORT

CDM

TM1(WEB)

BI

Data modeller.

slice, dice. Planning.

In-built TM1

publisher

…a financial consolidation software solution specifically designed forfinance users, to automate & accelerate the “close, consolidate& report process” of multi-entity organizations.

Secure

Accelerated processing

Automatedcalcs & recs

Centralized maintenance

Integration

Centralized control

Built-in approvals

Status tracking

Dynamic drilldown

Auto-validate

Fast close

Granularity

Audit trail

Single version of the truth

Finance owned

IBM Controller is…

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Deployed to suit…

Cloud basedOn premise

DEMO

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‘A SINGLE VERSION OF THE TRUTH’Management, Planning & Statutory data centralized in one

system