Overview
Advanced Analytics is a common element in any successful company, and doesn't stop at doing a simple comparison of forecasts to actuals. Finance and Operations need the ability to look beyond the basics and analyze favorable trends and spot trouble areas early. Constant access to a wide variety of financial and operational data is required to stay ahead of the game. Questions like what happens to profitability with a change in product volumes or pricing can provide useful insights.

The Problem
In most companies, Excel does too much of the heavy lifting. The biggest factors contributing to the lack of success with Advanced Analytics are too much time on the mechanics, and the possibility of material errors in the existing Excel models. Studies suggest that most firms aren't completely confident that the Excel model actually addresses the questions they were trying to analyze. And, by the time the company gets it right, the opportunity may have already been missed. Since all companies have a very big investment in data, the challenge is leveraging this information to make informed decisions.

The Solution
The IBM Business Analytics suite is made for real-world analytics. We can help you determine the right combination of analytical and reporting options to meet your company's vision. Analyzing the impact of entry into a new market or the effect of a reduced price on bottom line profitability can make the critical difference in your success. Whether you are a large enterprise or a small company, there is an IBM Cognos platform to fit your needs and budget.

Products That Address the Issue:
TM1
Cognos Express - Reporting
Cognos Express - Xcelerator
IBM Cognos Business Intelligence

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Contact Larry Stell at 866-434-4649 or email us