Performance Management


Five ways BI can Transform your Business

Five ways BI can Transform your Business

Many businesses inundated with data tend to tough it out with inadequate analysis tools because they are not aware of how or why business intelligence (BI) solutions can provide value. This article will cover the various ways BI and analytics in general can take your business to the next level and when the right time is to seriously consider implementing an analytics solution. There are many definitions of BI, simply put, it describes...

Forecasting Perfected: How IBM Planning Analytics brings clarity and vision to your data

Budgeting and financial forecasting are critical planning and management disciplines that provide invaluable aid to business managers in the decision-making process. Most companies have business plans in varying forms of sophistication and use, that provide points of comparison to gauge success. Capital and operational funding, whether by personal capital investment, financial loans or some combination of the two is required to drive...

Three Ways to Streamline Your Compensation Management Reporting

Three Ways to Streamline Your Compensation Management Reporting

The number one priority with incentive compensation management (ICM) is paying commissions accurately and in a timely manner. A strong reporting strategy should be tied to this process, which can make a significant difference in terms of building employee trust and in increasing productivity. A typical example of how reporting can impact ICM processes is the Compensation and Detail Statement. When designed well, this type of report...

Leveraging Your Current Investment in your BI and FPM Solution to Secure and Streamline Your Financial Reporting Generation Process

Recent studies show that 74% of financial managers are using spreadsheets as their primary vehicle to generate reports.  This means creating lengthy reports or presentations manually, which can yield financial documentation that is prone to human error, contains outdated information and has little or no version control.  This in turn brings key problems associated with a manual reporting process, such as information and data on...

Trusting your reporting data

Trusting your reporting data

Financial forecasting and Business Intelligence (BI) analytic tools provide business users with a single data source. All “actual” information is derived from the company’s proprietary Enterprise Resource Planning (ERP) system, automatically updated to a single DataMart at user-defined intervals for use by all reporting tools. All forecasts created in a budgeting and forecasting solution are “written back” to the DataMart, to then be...

Modernize your Financial Reporting

Modernize your Financial Reporting

NewIntelligence is very excited to announce that we have started a new office of finance practice to help organizations develop, enhance and modernize their financial reporting, analysis and planning solutions with IBM Cognos. It has been our experience that the way that financial professionals interact with their organization’s data is changing.  The question that most CFOs are asking today is, “How do I take control of my...