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IBM Cognos TM1: Why is it Beneficial to a Business

Date post:05-Dec-2014
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http://goo.gl/kZQQYz - Planning is an important aspect of running a business, which is why you should consider equipping your company with IBM Cognos TM1. TM1 is basically a high-performance enterprise planning software that can revolutionise your entire planning system.
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  • 1. IBM Cognos TM1: Why is it Beneficial to a Business Reference: ibm cognos tm1
  • 2. Planning is an important aspect of running a business, which is why you should consider equipping your company with IBM Cognos TM1. TM1 is basically a high- performance enterprise planning software that can revolutionise your entire planning system. Developed by IBM, this software suite can be a huge help when it comes to budgeting, forecasting, and analysis.
  • 3. Because of its special qualities and features, it is no wonder why many businesses and financial organisations across the globe are using such reliable business intelligence solutions.
  • 4. Incorporating TM1 in your daily operations has many advantages. As you may know, time is a very important commodity in the world of business. Every second that you waste can have an impact on your organisation. Fortunately, IBM Cognos TM1 gives you speed. With its multidimensional, 64-bit, in-memory OLAP engine, it allows you to rapidly analyse data and mode business requirements for your entire company.
  • 5. With the help of this enterprise software solution, you can create and better understand sophisticated budgeting models and forecasts, even those based on large data sets, in just a relatively shorter amount of time.
  • 6. Cognos TM1 can provide you with reliable business intelligence solutions from start to finish. It can aid you in creating integrated score carding and reporting, thus, allowing you to paint a complete picture from goal setting and planning to measuring progress and the outcome of a particular undertaking. You won't easily find such a reliable feature from other similar enterprise software.
  • 7. Here's another benefit of using this revolutionary planning software. With IBM Cognos business intelligence, it is much easier to collaborate with people from different parts of your organisation. This planning software allows you to collect input from thousands of users from all divisions and locations. You can exchange commentary and documents without having the need to meet face to face.
  • 8. With IBM Cognos TM1, you can also have a wide choice of interfaces that you can use. Whether you prefer using Microsoft Excel or other types of spreadsheets, you can be sure that they are compatible with TM1. Also, the planning software comes with advanced personalisation so it can provide you with tailor-made business solutions that match your company's needs.
  • 9. Having IBM Cognos TM1 is indeed beneficial for your organisation. Not only it makes it easier for you and your people to work together, this reliable planning software also helps improve business productivity and efficiency. As such, if you want your business to run like a well-oiled machine and be more profitable, make sure you invest in this revolutionary planning software.
  • 10. Having IBM Cognos TM1 is indeed beneficial for your organisation. Not only it makes it easier for you and your people to work together, this reliable planning software also helps improve business productivity and efficiency. As such, if you want your business to run like a well-oiled machine and be more profitable, make sure you invest in this revolutionary planning software.

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