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Overview
Automate your consolidation, close and report process
If your company has subsidiaries or associates, then group accounting or consolidation is a necessary part of your monthly accounting process.
Unfortunately, it’s never easy.
Intricate eliminations, challenging minority interest calculations and a web of spreadsheets can often leave you feeling overwhelmed.
Imagine instead, having more time to interact with your business adding value, rather than collecting and processing data and maintaining spreadsheets.
That can become a reality with IBM Cognos Controller.
It automates and streamlines consolidation in a single, central application, empowering your finance team to flex and respond to varied reporting requests.
With Cognos Controller, you can wave goodbye to manual processes and produce consolidated financials for management and statutory reporting with ease.
Why IBM Cognos Controller?
1
Dramatically reduce consolidation, close and reporting cycles – with a single version of the truth, that is directly owned and controlled by your finance team.
2
Manage complex, dynamic ownership structures with automatic calculations for minority interests and eliminations.
3
Translate any currency using multiple FX translation methods.
4
Analyse financial results with confidence across multiple countries, currencies and legal entities, each with their own accounting policies intact.
5
Consolidate multiple ledgers from numerous operating units and accounts into a common chart-of-accounts structure.
6
Support better planning, budgeting and forecasting with reliable consolidated management data.
Further reading
Full financial close management – in a solution owned by the office of finance.
Grab The Data
Why Sempre?
Pre-installation consultation
Our approach starts with a thorough evaluation of your needs – not least, to ensure that this is the right solution for you.
Installation planning for minimum disruption
Whether you are upgrading from previous versions or adopting from scratch, we’re on hand to reduce complications and ensure ‘business as usual’ every step of the way.
Training
Our aim is to get your team up to speed as swiftly as possible – with the end goal of enabling you to become self-sufficient.
On-going support
A dedicated Customer Success Manager, ongoing access to our Support Desk and annual or biannual technology reviews, all ensure that you are always on top of your Cognos Controller solution.