IBM’s strength in the Financial Performance Management (FPM) sector is well known. Don’t take our word for it just look at the latest Gartner Magic Quadrant report for FPM. This names IBM as a Leader in its Magic Quadrant for Cloud Financial Planning and Analysis Solutions.
We are a Gold IBM Business Partner
Our reputation is well-known in the UK (and increasingly elsewhere!) for our dedication to deliver and support best in class IBM Cognos solutions. Our experience ranges from small to complex and covers many different sectors. The combination of the HAYNE focus and the strength of the IBM Cognos Solution delivers results for our clients time and time again.We are certified IBM Developers for IBM Cognos and the UK’s largest and most experienced team delivering Cognos consolidation solutions.
We deliver IBM Solutions for Financial Performance Management
The IBM Financial Performance Management suite of products help companies of all sizes automate and transform financial planning, reporting and analysis processes. They help you anticipate performance gaps, analyse root cause, assess alternatives and enable more effective decision making and execution.
Here we look at the products in the IBM suite and provide an overview into what they deliver.
IBM Planning Analytics (TM1)
An enterprise financial planning software solution that transforms your entire planning cycle, from target setting & budgeting to reporting, scorecarding, analysis and forecasting. Available on-premise or on-cloud, and with extensive mobile capabilities, Planning Analytics (TM1) enables you to collaborate on plans, budgets and forecasts.
IBM Cognos Controller
IBM Cognos Controller is financial consolidation software that automates and accelerates the consolidation, report and close process. Allowing you to deliver complete financial results, create financial and management reports, and provide the CFO with an enterprise view of key financial ratios and metrics.
IBM Cognos Analytics
IBM Cognos BI has been replaced by IBM Cognos Analytics which provides rich reporting capabilities such as analysis, web reporting, dashboards, metrics, events and reporting on mobile devices. The latest version 11.1 instantly transform data into relevant insights using augmented intelligence (AI), machine learning, pattern detection, data science.
Certent Disclosure Management
Certent Disclosure Management (formerly IBM Cognos Disclosure Management) is a secure, collaborative, enterprise-scalable reporting & process automation solution that enables users to merge enterprise data with focused narrative analysis in a controlled, auditable environment. It automates the collection of data in a single, dynamic reporting solution.
IBM Cognos Features
We specialise in the entire IBM Cognos Financial Performance Management (FPM) suite. We are fully IBM Certified Developers for IBM Cognos Controller, IBM Planning Analytics (TM1), IBM Cognos Analytics, Certent Disclosure Management. We are the UK’s largest and most experienced team delivering integrated Cognos solutions. We don’t just sell the software, we become your partner and provide all the resources required for implementation; project management, consultancy and training.
HAYNE are specialists in the following components: Complete close, consolidate and report process, Rapid reporting of consolidated financial data, Enterprise planning either on-premise or cloud, Disclosure Management, integrated Performance Management.
I can recommend IBM Cognos Controller as a consolidation solution. It has allowed us to improve our consolidations in both of terms of timeliness and handling the complexities of joint ventures, complex ownerships etc. HAYNE are our first choice whenever we look to further develop Cognos Controller, TM1 and BI.
We have been using HAYNE as our support for Controller for a number of years and have found their service and knowledge on the system as being excellent.
I would highly recommend Cognos Controller as a best in class Financial Consolidation solution which has allowed C&D Foods to streamline its reporting cycles. We have integrated Controller into our Cognos BI suite which allows us to easily distribute Financial reports across the business. The wealth of experience that HAYNE brought to the project was invaluable.
Supporting solutions from HAYNE
Designed and developed by HAYNE, approved and validated by IBM
We have drawn on our many years of experience of working both as accountants and consultants to design and develop a range of complimentary IBM Cognos solutions. They are IBM approved and validated and have been proven to deliver significant improvements to the IBM Cognos suite.
An integrated Financial Performance Management “iFPM” solution based on international reporting standards and delivering a best practice financial close.
- pre-configured based on best practice design template for FRS 102 and IFRS
- pre-integrated FPM components providing significant benefits
- delivered either on-premise or as a hosted solution
- significant savings in effort to implement
Pre-configured TM1 cubes for IBM Cognos Controller providing a platform for easy integration with TM1, Business Intelligence and Disclosure Management.
- pre-built with around 80% of financial reporting requirements out of the box
- bespoke design enabled with a toolbox of TI processes and rules
- configured connections to BI and CDM
- intercompany reporting cube allows drill-down and easy reporting on balances in a matrix view
Automating data loads and batch consolidations for IBM Cognos Controller.
- load data securely from disparate, external source systems such as GL
- automate large consolidation jobs
- load GL transactions from multiple GLs to enable drill down to transactions from Controller
- load data directly from spreadsheets and not csv files