Choose a Multi-Awarded IBM Platinum Business Partner –
The Highest Level Within the IBM Business Partner Community
“Cortell Australia’s growth in the Business Analytics and Business Intelligence markets has been outstanding. With highly skilled delivery and management teams Cortell provide IBM clients a very professional, highly regarded and capable organisation to work with.” – Ryan Morrell, Channel Executive, IBM Software Group
The difference between what we’re doing, and what we do now with IBM Cognos TM1, is like going to a new doctor who has an MRI machine, when your old GP had only a stethoscope and a thermometer. We can really see inside the business.
The ad-hoc reporting ability via the TM1 front end is brilliant! It’s so easy to retrieve information quickly, and dissect and drill down in an instant. Never before have we had such visibility into our business. We have no dependency on IT … we are self-sufficient.
Our primary reason for choosing Cortell was their down to earth, trustworthy approach. We had a small budget, small time frame and we achieved immediate results in a staged process. Cortell did an amazing job leveraging TM1 to provide a fast installation and quick deliverables.
The Future of Financial & Operational Budgeting, Forecasting & Planning
The Future of Financial & Operational Budgeting, Forecasting & Planning
They’re at the core of every company’s operations and determine more day-to-day decisions than all other factors (both external and internal) combined. But if they’re so important, why do we still use spreadsheets to take care of them? Spreadsheet-based financial planning of any kind remains error-prone, provides limited (if any) insights, requires significant time and effort from the Finance team in every budgeting and reporting cycle…
This September, explore how you can simplify and improve your company’s financial planning process with Cortell and IBM.
Join us for an exclusive series of events on Budgeting, Forecasting, Planning & Reporting in Sydney, Melbourne, or Brisbane.
25th September 2018 – Melbourne
26th September 2018 – Brisbane
27th September 2018 – Sydney
Cortell Datapoint, Q4 2017 Newsletter
Cortell Datapoint, Q3 2017 Newsletter
Cortell launches CAaaS
Cortell Launches CAaaS – Cortell Analytics as a Service, find answers in your big data!
Cortell Australia has a rich history bringing insight and action to our clients through the implementation of performance management and advanced analytics. With 850 plus implementations of the IBM Business Analytics platform, Cortell helps organisations across industries analyse and model their own key financial performance indicators, key customer and product attributes, operational drivers and outcomes, bringing that all together to enhance Enterprise Performance Management that drives optimal decision making.
As the leading IBM Business Analytics Partner in the Asia Pacific, Cortell Australia is now offering our industry expertise, product platforms and knowledge in the analytics arena to our customers as a service based offering. Branded as CAaaS : Cortell Analytics as a Service.
Cortell Australia will work with you to create the most appropriate model to meet your requirements. We will openly communicate the approach we have taken, the models we have created and the findings discovered with you, so we can adapt, evolve and respond to changing business conditions. The information and findings we create together are open and owned by you.
With our proven industry and solution experience, the world leading analytics platform and our open and scalable service offerings, getting the results and insights you need has never been easier.
Latest Market Analyst Reports rank IBM #1 in Analytics
IBM Introduces Powerful Analytics for Everyone
“The cornerstone of the IBM Performance Management portfolio is a flexible and powerful planning solution (IBM Cognos TM1), along with highly functional solutions for consolidations, disclosure, and performance analytics,” says Forrester.
As a leader in analytics, IBM has made its biggest announcement in a decade. Watson Analytics, a breakthrough natural language-based cognitive service that can provide instant access to powerful predictive and visual analytic tools for businesses.
According to analysts, only a small fraction of business people use powerful analytics tools as part of their decision making today. Watson Analytics is designed to make advanced and predictive analytics easy to acquire and use.
IBM Taking the Lead in the Business Intelligence Market
According to the Nucleus Research report, IBM’s products in core business intelligence, performance management, predictive analytics, and big data management have all provided demonstrable value, including multiple documented projects over the past 12 months with a payback period of less than a year.
IBM continues to focus on providing greater time to value, increasing productivity for its users, and providing the deployment flexibility and ease of use organisations are looking for.
Over the past year, IBM has continued to develop analytic capabilities for its analytic portfolio, and has added these capabilities into more complex analytics solutions, with new solutions areas such as risk analytics, procurement, sales performance management, social collaboration and product life cycle management.
IBM Meets the Need of Customers by Providing a Complete Solution
A new report from Nucleus confirms that IBM provides Corporate Performance Management (CPM) through the Cognos TM1 platform, which allows IBM to provide integrated CPM capabilities. When paired with Cognos business intelligence, clients achieve a high performing, scalable, cross-enterprise BI and PM environment.
This platform approach stands in contrast to the traditional mega-vendor approach to CPM, which involves offering a variety of software applications that challenge end users to obtain value. IBM customers identified these platform characteristics as a strength as these end-users started with a specific solution or blueprint based on their initial corporate need.
Corporate demands shift over time and customers realised needs for a more personalised platform to incorporate more holistic performance management capabilities based on demands for improved budgeting, forecasting, and expense, capital, and strategy management.
Get your organisation in the Zone
Get in the (Analytics) Zone now! Receive event invites, content & special offers, including a free download of IBM Cognos Insight! Join IBM’s AnalyticsZone community now… the world’s leading Social Network, dedicated to Business Analytics!
Faster, easier, smarter analytics
IBM’s next-generation business analytic solutions help organisations of all sizes make sense of information in the context of their business. You can uncover insights more quickly and more easily from all types of data—even big data—and on multiple platforms and devices. And, with self-service and built-in expertise and intelligence, you have the freedom and confidence to make smarter decisions that better address your business imperatives. If cost and deployment are a concern, IBM offers software as a service options for business analytics.
You can learn more about these capabilities @ AnalyticsZone… a fun and engaging online marketplace and resource centre where you can download, trial and demo analytics and data visualisation solutions from IBM.
Do you have AQ?
Does your organisation have AQ?
Check out an exciting new way to measure your success with analytics.
It’s a fact: analytics-driven organisations outperform their peers in every metric that matters. Now, there’s a way to know how well you’re using analytics – and where to go next.
We call it your “Analytics Quotient,” or “AQ” for short . It measures how ready you are to apply insight to your strategy, processes and tactics; how quickly you can re-allocate resources and re-orient your people to make better decisions; and how effectively you can act based on how well you know your past performance, current results and future possibilities.
It’s simple: The more you embrace analytics, the higher your AQ. The higher your AQ, the better the business outcomes – for you, your team and your entire organisation.
Take IBM’s free AQ quiz now to learn your score. It’s quick, it’s easy, and it will put you on the path to better business outcomes, whether you’re an aspiring newcomer or a wizened analytics master.
When you’ve finished, IBM will give you:
- Your AQ Score
- Your stage in our AQ Maturity Model
- Specific guidance, tools and web resources that will speed up your journey.
or watch the video below first
Next generation Business Reporting
Welcome to the Next Generation of Business Reporting
An excerpt from the white paper “Regulatory & Statutory Reporting Your XBRL 2.1 Guide” by: Matthew Hill, MD Cortell Australia, May, 2011
Demands for Reporting and the Method of Reporting is Evolving (and continues to do so!)
The importance for reliable reported data has never more been the focus of local regulatory authorities than now. The production of reliable and auditable results is increasingly becoming the focus of CEO, CFO, Tax, Risk and other leaders within
Recently, we have had the global financial credit crisis, which saw certain corporations’ fall from grace due to misrepresentation, fraud and irregularities in their financial returns. As a result, authorities have introduced tighter controls with a focus to ensure organizations can, and do, report in a manner that is easier for the required regulatory organizations to evaluate, scrutinize, audit and ultimately take action when needed.
IFRS, GAAP, Basel II, Sarbanes Oxley, XBRL, Statutory Business Reporting (SBR) are to name a few such requirements that corporations are now required to meet. With increased obligations to submit returns there comes the inevitable overhead in the production of such information.
Greater focus is being placed on information technology to decrease the manual nature of such reporting. Executives are demanding greater insight, superior quality of information and flexibility from the people and tools available to them.
Traditionally, corporations have addressed these problems by creating a stable of spreadsheet analysts, but while this may disguise the problem short term, it does not remove the problem, nor is this a reliable platform from which to complete their mandatory reporting obligations.
Corporate reporting systems house significant volumes of data that should be reused across other areas of the business. Often our own reporting systems are fragmented, isolated and a copy of the same or similar data stores used by other departments. It raises concerns over accuracy and validity of data and the logic behind multiple siloed reporting environments.
There is no reason why the same data being used to report to APRA, the ATO or ASIC cannot be captured and used within a single, centralised reporting environment for our own internal reporting process. We need to re-use the data footprint across an organisation in a more effective and consolidated manner.