KPI Services

Financial Consolidation

Ever-improving performance management is critical to any organization. And the increasing focus on accountability, transparency, and corporate governance - such as the Sarbanes-Oxley Act-along with demanding, rapidly changing reporting requirements, such as International Financial Reporting Standards (IFRS), have made the need for robust, cost-effective financial management more vital than ever. Organizations must ensure that their performance management strategies include processes for consolidation and financial reporting that reflect accepted best practices, are stable, rigorous, reliable, and are free of inherent control risks requiring manual intervention and the maintenance of spreadsheet-based “shadow systems.” To meet such performance and compliance requirements, increasing numbers of Global 3500 companies rely on Cognos Controller. With Cognos Controller KPI can help your organization build a comprehensive, Web-based solution that offers power and flexibility for streamlined, best-practice financial reporting and consolidation. It offers built-in financial intelligence and advanced analytics on top of an industry-leading data platform to provide timely, accurate information for improved decision support and regulatory compliance.

Corporate governance
Controller provides support for IFRS, FASB, Basel II, and the Sarbanes-Oxley Act, as well as multi-jurisdictional GAAP reporting. It also enables reporting by individual segments such as customer, product, or market, and generates an extensive audit trail to satisfy the needs of both external and internal auditors.

An enterprise application
With Cognos Controller, KPI will help you provide your organization a solid foundation for smooth data collection and dissemination of information across organizations. We will help you ensure that your company will have a single shared source of strategic data, offering a high degree of accessibility and speed, regardless of user location.