Xtalks and Cognos Free Webinar | Achieving the Modern Fast Close: Renewing your Close, Consolidate, (XtalksCognos)
|Event Date/Time: Oct 30, 2007|
Webinar Series: Achieving the Modern Fast Close:
Renewing your Close, Consolidate, Report Process for Performance Insight and Impact
Delivering Financial Results:
With or Without Speadsheets - That is the Question
• Thomas Willman, Program Leader,
Account-to-Report and Enterprise Performance Management Advisory Programs,
The Hackett Group
• Paul Allen, Manager, Foundation Services, Cognos
• Delbert Krause, Director, Product Marketing, Cognos
Delivering Financial Results: With or Without Spreadsheets - That is the Question
In this first of five Webinars, we will explore the impact of inadequate systems supporting the close, consolidate, report process. There is a clear distinction between organizations working with world class financial consolidation systems and those that continue to rely on spreadsheets and spreadsheet enhanced systems. Many external and internal reporting issues, as well as data quality and timeliness challenges, trace back to such systems and processes.
The first part of our session, presented by The Hackett Group, will introduce you to Hackett’s approach to identifying companies that demonstrate superior performance in closing, consolidation and reporting. You will see the contrast between World-Class and Peer Group companies in terms of their usage of spreadsheets for critical finance activities, and the impact that has on the cost, quality and responsiveness of the finance organization. Hackett will also discuss insights they have gained into companies that are improving in these areas, and what activities and approaches have significant impact.
The second part of our session will introduce Cognos solutions for Financial Management and Control, particularly Cognos Controller, the modern foundation required for renewing the close, consolidate, report process. Demonstrations and discussions will help you understand the roadmap to performance management, starting with automation of the close, consolidate, report process; the impact of process control, data management and auditability on financial data quality assurance; and forming a solid basis for transforming the end to end process
Cognos is the world leader in business intelligence (BI) and performance management solutions. We provide world-class enterprise BI, planning and consolidation software and services to help companies plan, understand and manage financial and operational performance.
Cognos brings together technology, analytical applications, best practices, and a broad network of partners to give our customers a complete performance solution. We provide an open and adaptive solution that leverages an organization's ERP, packaged applications, and database investments.
We give customers the ability to answer the questions -- How are we doing? Why are we on or off track? What should we do about it? - and enable them to understand and monitor current performance while planning future business strategies.
Cognos serves more than 23,000 customers in more than 135 countries. Our solutions and services are also available from more than 3,000 worldwide partners and resellers.
For more information, visit http://www.cognos.com/compliance/index.html.