• Cognos 8 Controller enables the corporate controller to automate the entire close process, from data collection to financial consolidation to output. Close cycle times are reduced while data integrity is assured.
• Controller reduces risk and provides the CFO with an enterprise view of key financial ratios and results. Greater visibility improves strategic decision making across the organization, while the high quality of financial results eases external reporting and compliance.
• Controller allows the CIO to leverage current IT investments while ensuring that centralized systems meet the demand for secure and reliable data. And it offers the opportunity for performance management standardization from a single vendor, with enterprise planning and business intelligence across a single architecture and platform.
• Cognos 8 Controller is the only solution that includes more than 200 pre-configured, standard reports to satisfy the demands of management and regulators. All the reports required at key stages of the close process are available automatically—no custom report creation is needed.
• In addition, Controller is seamlessly integrated with Cognos 8 Planning and Cognos 8 Business Intelligence. It enables performance management to be integrated at the data, security and process level—all at a low total cost of ownership.

• Amend entities, organizational structures, or account details with absolutely no coding, scripting, or complex language to create and test.
• Accommodate mergers, acquisitions, or reorganizations with ease. Structures and business rules can be updated once and are then reflected throughout the application.
• Provide critical financial data for the full range of regulatory compliance reporting, including Sarbanes-Oxley, IFRS and multi-jurisdictional GAAP reporting.
• Audit the import of information from its original source—a critical item in SOX compliance—and track the entire reporting process from data capture and processing to printed or electronic output.
• Meet the demands of both management and regulators with more than 200 pre-configured, out-of-the-box reports. No custom report creation is needed and fast, instant analysis is possible at any time during the close.

• Consolidate multiple views of the enterprise from legal, management, and tax perspectives, or in terms of budgets, actuals, plans, and forecasts.
• Ensure data consistency with a thorough validation process. Data can be readily reconciled for accuracy, with users notified immediately of any inconsistencies.
• Perform inter-company elimination in stages, regardless of consolidation structure.
• Link automatic journals to specific consolidation types for better support of mergers and acquisitions
• Make investment adjustments for complex ownership situations, such as region-specific consolidations and reporting in Brazil, Denmark and the Netherlands.
• Collect and present financial data in multiple reporting and transaction currencies. Operating entities use their own currencies, while corporate finance can present figures in whichever currency is relevant.

• Model alternative business scenarios and assess the impact by entity, business area, product, or customer with detailed “what-if” analysis.
• Access critical information that resides in Microsoft Word® or Microsoft Excel® documents, e-mail attachments, or on personal desktops. Link to any data cell and retrieve from anywhere in the system.
• Define critical success factors and link strategies to specific plans and metrics using embedded dashboards.
• Strengthen performance management by publishing information from Controller to models in Cognos 8 Planning and the entire Cognos 8 BI infrastructure—including query, analysis, reporting, scorecarding and event management, supported by Web, Microsoft Excel, mobile and search.

• An open-standards database and enterprise-class database architecture ensure current and future support for your investment.
• Process massive data volumes and allow access by large numbers of users simultaneously. Controller’s multi-layer architecture scales to hundreds—even thousands—of users.
• Centralized database ensures efficient processing and administration, and a single, shared source of strategic data offers accessibility and speed, regardless of user location.
• Industry-standard platforms and databases—such as MS SQL and Oracle—provide high performance, data integrity, and rigorous, yet flexible security.
• Embedded Microsoft Excel interface allows easy data entry, modeling, calculation, and reporting.
• Two-step locking of data allows better management and control through each step of the consolidation process.
• Enhanced security for data import, thanks to access rights and log changes on import specifications and lookup tables.

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