What is happening, and why? How do we predict and plan for the future?
Comprehensive planning is essential for success. Yet companies often struggle with delivering timely, reliable forecasts and plans that align operational tactics with financial targets.
The Cortell team helps our customers create comprehensive planning by integrating process and analytics of key business functions across their organisations. Business functions such as budgeting, forecasting, revenue and planning with functions such as pricing, marketing, sales and workforce management. This not only allows their organisations the ability to see across the spectrum of the organisation but also provides comprehensive ‘What if’ and scenario planning capability to assess the impact of change in any one or multiple of those areas in real time.
This is the only approach to helping organisations answer the questions:
- what is happening?
- why is it happening?
- what is likely to happen in the future?
- how should we plan for that future?
Cortell is IBM’s Partner of the Year for Asia Pacific in both 2011 and 2012, as well as 2010 Partner of the Year for Financial Performance Management. We won these awards because of our ability to execute world class budgeting, forecasting and planning capabilities. Cortell implements the IBM Cognos® TM1 solution, an enterprise planning solution that provides a complete, dynamic environment for developing timely, reliable and personalised forecasts and budgets.
IBM Cognos TM1 replaces spreadsheet-only processes with one fully integrated and dynamic planning and forecasting system that connects operations with planning. With IBM Cognos TM1, companies can:
- link plans and forecasts to financial processes and reports, such as balance sheets or cash flow projections
- refresh forecasts quarterly, monthly, or on demand
- align top-down financial targets with bottom-up plans to ensure that financial plans are synchronised with operational goals.