Cognos 8 Controller

Overview

Financial reporting software from Cognos offers pre-defined functionality that helps you simplify your consolidation, compliance reporting and management reporting processes.

Cognos 8 Controller delivers the transparency you need for sustained compliance with IFRS and Sarbanes-Oxley. It enables you to adapt to business and regulatory changes in real time, compresses the time to close, and provides the data and metrics you need to drive better performance management.

Cognos 8 Controller improves performance, eases compliance

• Consolidate multiple, diverse ledgers with thousands of operating units and accounts into a single, common chart-of-accounts structure and s ecure a single, accurate view of key corporate information.
• Create reports rapidly to facilitate compliance reporting for IFRS (International Financial Reporting Standards) and Sarbanes-Oxley Section 404
• Evaluate financial results with confidence and accuracy across multiple countries, currencies, and legal entities, each with their own accounting policies intact.
• Reduce consolidation, close, and reporting cycles by days or weeks—with a single version of the facts and automated validation.
• Support better planning and forecasting—true, reliable consolidated management data, based on a clear link between statutory and management consolidation, provides a firm foundation for operational and strategic decisions.

Product Highlights

• Sophisticated, global consolidation functionality —to handle multiple reporting and consolidation standards such as IAS and US-based GAAP; inter-company elimination and reconciliation; multicurrency translation; complex ownership calculations and financial consolidation rules.
• Fully aligned with Microsoft Excelp—users can log in to Controller for data collection or distribution from any location at any time though a familiar Excel interface , accessing financial information as their security levels allow .
• Adaptable to your unique requirements —in addition to management and statutory dimensions, Cognos 8 Controller provides user-defined dimensionality that supports data collection and reporting on all levels including cost center, product, and customer.
• Deployable by finance with IT appeal — Controller can be configured and maintained by financial professionals with minimal IT support. Using the most advanced and scaleable Web and relational data storage, users can input, consolidate and access data quickly and securely.
• Add other capabilities as your needs require —The industry's most comprehensive and award-winning planning, scorecarding, reporting, and analysis solutions from Cognos integrate seamlessly with Controller to help you manage your performance even more effectively.

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