IBM cognos TM1 version 10.1 by senturusinc

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									    IBM Cognos TM1 v10.1 Demonstration
          and Planning Best Practices
                  Overview
                   www.senturus.com



     Helping Companies Learn From the Past, Manage the
1                         Present and Shape the Future
           This slide deck is part of a recorded webinar.
     To view the FREE recording of this entire presentation and
                    download the slide deck, go to
                       www.senturus.com/recorded-webinars.php

    You will find this—and many other recorded webinars-- under the “BM Cognos Office
                       of Finance Solutions: TM1, EP, Controller, FSR “




2
Today’s Agenda
    • Welcome and Introduction
    • Senturus Overview
    • IBM Cognos TM1 v 10.1 Demonstration
    • Financial Planning Best Practices
      Overview
    • Q&A


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Presentation Slide Deck on www.senturus.com




4
Welcome and Introduction

    • Senturus
      – Greg Herrera, Co-Founder, CEO


      – Steve Chapman, Management
        Consultant


      – Chris Fargo, Office of Finance
        Account Manager


    • IBM Cognos
      – Michael Mackevicius, Technical
        Manager

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Who is Senturus?
    •   Consulting firm specializing in Corporate Performance
        Management
         – Office of Finance
              • Close, consolidate, report and file (CCRF)
              • Enterprise planning & budgeting
         – Business Intelligence
         – San Francisco Business Times Hall of Fame -- Four
           consecutive years in Fast 100 list of fastest-growing
           private companies in the Bay Area

    •   Experience
         – 12-year focus on performance management
         – More than 1,200 projects for 500+ clients

    •   People
         – Business depth combined with technical expertise.
           Former CFOs, CIOs, Controllers, Directors...
         – DBAs with MBAs


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A few of our 500+ Clients




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    Demonstration
    IBM Cognos TM1 v10.1
             To view a free recoding of this demo, go to
                      www.senturus.com/recorded-webinars.php
        You will find this recording under the IBM Cognos Office of Finance Solutions:
        TM1, EP, Controller, FSR section. It is entitled IBM Cognos TM1 version 10.1.




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    • Financial Planning Best Practices Summary
    • New Components in IBM Cognos TM1 v10.1


         Helping Companies Learn From the Past, Manage the
9                             Present and Shape the Future
What do companies known for best results and
best practices do differently?

                                                                                                                              % More
     Data and          Streamlined information delivery                                                                        32%
     Analytics
                       Electronic data capture at the source                                                                      35%

                       Systematic data cleansing and auditing                                                                     31%
                       Business Risks in Performance Reporting                                                                    22%
     Process           Employed Functional Best Practices                                                                         31%
                       Utilized automated workflow tools                                                                          25%
                       Measurement & monitoring of processes                                                                      41%
  Technology           Common reporting platform                                                                                  31%

                       Common planning platform                                                                                   22%

                                                                      0%       20%          40%        60%         80%     100%
                                                                                             Percent Adopted
                                                                           Disciplined Operators       Value Integrators
                                                                           Constrained Advisors        Scorekeepers


Source: IBM Institute for Business Value, The Global CFO Study 2010



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Relevant reference resources from Senturus

     www.senturus.com




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Summary of FP&A Best Practices (“Do’s”)

     1. Use one planning process . . . and reforecast frequently
     2. Provide bottoms-up and top-down capabilities in
        planning models
     3. Use a central planning data base for instant
        consolidation
     4. Leverage and integrate planning across business areas
     5. Distribute pre-close and final BvA reports within hours
        of completion
     6. Automatically link account, department and product
        structure changes to planning models (via ERP’s, SOR’s
        or DW’s)
     7. Support the end-users use of all appropriate business
        dimensions in their planning and analysis models

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TM1 v10.1 Features vs. Best Practices
1.   Use one planning process . . . and     1.   Industrial-strength planning platform
     reforecast frequently (enterprise)          with 64-bit, in memory capabilities for
                                                 very large multi-dimensional cubes
2.   Provide bottoms-up and top-down        2.   Proportional spreads across dimensions
     capabilities in planning models

3.   Use a central planning data base for   3.   Workflow statuses for the entities and
     instant consolidation (enterprise)          depts in organizational hierarchies

4.   Leverage and integrate planning        4.   *Modeling power to business end-users
     across business areas (dept’al)             through Cognos Insight (data
                                                 analysis and prototyping)
5.   Distribute pre-close and final BvA
     reports                                5.   *Improved BI Integration

6.   Automatically link account,            6.   *Update dimensions with
     department and product structure            Performance Modeler
     changes to planning models (via
     ERP’s, SOR’s or DW/DM’s)
                                            7.   *Utilize additional dimensions with
7.   Utilize all appropriate business            Cognos Insight
     dimensions in planning and analysis
     models (departments and functions)

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Suboptimal Practices (“Don’ts”)
     1. One annual, lengthy budgeting process
     2. Provide only a bottoms-up planning method or model
     3. Waste time chasing and consolidating distributed Excel
        workbooks
     4. Risk silos of planning data
     5. Close financial periods without line management input
        and distribute final BvA reports to line management
        weeks after closing
     6. Rely on manual maintenance of planning solution
        structures
     7. Limit planning or analysis model dimensions to General
        Ledger segments or only major business dimensions

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IBM Cognos TM1 v10.1 New Components




15
 Training Schedule and Details Here




           IBM Cognos TM1 v10.1: Analyze Data and Prototype Models with Cognos Insight (1 day)
           IBM Cognos TM1 v10.1: Develop and Deploy Planning Models with Performance Modeler (2 days)




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 Next Steps
     • The next TM1 webinar in the series
        – June 28 - What the heck is Cognos Insight? Planning, BI, or Both?
            • Cognos Insight for TM1 Planning
            • Cognos Insight for BI

     • Set up a call to discuss TM1 and Cognos Insight Licensing
        – Cognos Enterprise Planning (EP) to TM1 migration path
        – Cognos Insight included free in several existing license types
     • Cognos software support review
        – Recent clients have reduced support fees by 50% with right-sizing
     • Contact - Chris Fargo
        – cfargo@senturus.com
        – 888-601-6010


17
            This slide deck is part of a recorded webinar.
      To view the FREE recording of this entire presentation and
                     download the slide deck, go to
                        www.senturus.com/recorded-webinars.php

     You will find this—and many other recorded webinars-- under the “BM Cognos Office
                        of Finance Solutions: TM1, EP, Controller, FSR “




18
     Contact Senturus

                Senturus, Inc
             www.senturus.com
            sales@senturus.com
                888-601-6010




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