The document outlines a webinar presentation on IBM Cognos TM1 V10.1, highlighting financial planning best practices and key features of the software. It emphasizes the importance of a streamlined planning process and the integration of various planning models, while also summarizing essential do's and don'ts for effective financial planning. The presentation is part of a series aimed at providing insights and training for corporate performance management.

1. IBM Cognos TM1 v10.1 Demonstration
and Planning Best Practices
Overview
www.senturus.com
Helping Companies Learn From the Past, Manage the
1 Present and Shape the Future

2. This slide deck is part of a recorded webinar.
To view the FREE recording of this entire presentation and
download the slide deck, go to
www.senturus.com/recorded-webinars.php
You will find this—and many other recorded webinars-- under the “BM Cognos Office
of Finance Solutions: TM1, EP, Controller, FSR “
2

3. Today’s Agenda
•Welcome and Introduction
•Senturus Overview
•IBM Cognos TM1 v 10.1 Demonstration
•Financial Planning Best Practices
Overview
•Q&A
3

4. Presentation Slide Deck on www.senturus.com
4

5. Welcome and Introduction
• Senturus
– Greg Herrera, Co-Founder, CEO
– Steve Chapman, Management
Consultant
– Chris Fargo, Office of Finance
Account Manager
• IBM Cognos
– Michael Mackevicius, Technical
Manager
5

6. Who is Senturus?
• Consulting firm specializing in Corporate Performance
Management
– Office of Finance
• Close, consolidate, report and file (CCRF)
• Enterprise planning & budgeting
– Business Intelligence
– San Francisco Business Times Hall of Fame -- Four
consecutive years in Fast 100 list of fastest-growing
private companies in the Bay Area
• Experience
– 12-year focus on performance management
– More than 1,200 projects for 500+ clients
• People
– Business depth combined with technical expertise.
Former CFOs, CIOs, Controllers, Directors...
– DBAs with MBAs
6

7. A few of our 500+ Clients
7

8. Demo
IBM Cognos Insight and IBM Cognos TM1
Performance Modeler
Go to the Senturus website:
www.senturus.com/recorded-webinars.php
You will find this free recording under the IBM Cognos Office of Finance
Solutions: TM1, EP, Controller, FSR section. It is entitled IBM Cognos TM1
version 10.1.
8

9. • Financial Planning Best Practices Summary
• New Components in IBM Cognos TM1 v10.1
Helping Companies Learn From the Past, Manage the
9 Present and Shape the Future

10. What do companies known for best results and
best practices do differently?
% More
Data and Streamlined information delivery 32%
Analytics
Electronic data capture at the source 35%
Systematic data cleansing and auditing 31%
Business Risks in Performance Reporting 22%
Process Employed Functional Best Practices 31%
Utilized automated workflow tools 25%
Measurement & monitoring of processes 41%
Technology Common reporting platform 31%
Common planning platform 22%
0% 20% 40% 60% 80% 100%
Percent Adopted
Disciplined Operators Value Integrators
Constrained Advisors Scorekeepers
Source: IBM Institute for Business Value, The Global CFO Study 2010
10

11. Relevant reference resources from Senturus
www.senturus.com
11

12. Summary of FP&A Best Practices (“Do’s”)
1. Use one planning process . . . and reforecast frequently
2. Provide bottoms-up and top-down capabilities in
planning models
3. Use a central planning data base for instant
consolidation
4. Leverage and integrate planning across business areas
5. Distribute pre-close and final BvA reports within hours
of completion
6. Automatically link account, department and product
structure changes to planning models (via ERP’s, SOR’s
or DW’s)
7. Support the end-users use of all appropriate business
dimensions in their planning and analysis models
12

13. TM1 v10.1 Features vs. Best Practices
1. Use one planning process . . . and 1. Industrial-strength planning platform
reforecast frequently (enterprise) with 64-bit, in memory capabilities for
very large multi-dimensional cubes
2. Provide bottoms-up and top-down 2. Proportional spreads across dimensions
capabilities in planning models
3. Use a central planning data base for 3. Workflow statuses for the entities and
instant consolidation (enterprise) depts in organizational hierarchies
4. Leverage and integrate planning 4. *Modeling power to business end-users
across business areas (dept’al) through Cognos Insight (data
analysis and prototyping)
5. Distribute pre-close and final BvA
reports 5. *Improved BI Integration
6. Automatically link account, 6. *Update dimensions with
department and product structure Performance Modeler
changes to planning models (via
ERP’s, SOR’s or DW/DM’s)
7. *Utilize additional dimensions with
7. Utilize all appropriate business Cognos Insight
dimensions in planning and analysis
models (departments and functions)
13

14. Suboptimal Practices (“Don’ts”)
1. One annual, lengthy budgeting process
2. Provide only a bottoms-up planning method or model
3. Waste time chasing and consolidating distributed Excel
workbooks
4. Risk silos of planning data
5. Close financial periods without line management input
and distribute final BvA reports to line management
weeks after closing
6. Rely on manual maintenance of planning solution
structures
7. Limit planning or analysis model dimensions to General
Ledger segments or only major business dimensions
14

15. IBM Cognos TM1 v10.1 New Components
15

16. Training Schedule and Details Here
IBM Cognos TM1 v10.1: Analyze Data and Prototype Models with Cognos Insight (1 day)
IBM Cognos TM1 v10.1: Develop and Deploy Planning Models with Performance Modeler (2 days)
16

17. Next Steps
• The next TM1 webinar in the series
– June 28 - What the heck is Cognos Insight? Planning, BI, or Both?
• Cognos Insight for TM1 Planning
• Cognos Insight for BI
• Set up a call to discuss TM1 and Cognos Insight Licensing
– Cognos Enterprise Planning (EP) to TM1 migration path
– Cognos Insight included free in several existing license types
• Cognos software support review
– Recent clients have reduced support fees by 50% with right-sizing
• Contact - Chris Fargo
– cfargo@senturus.com
– 888-601-6010
17

18. This slide deck is part of a recorded webinar.
To view the FREE recording of this entire presentation and
download the slide deck, go to
www.senturus.com/recorded-webinars.php
You will find this—and many other recorded webinars-- under the “BM Cognos Office
of Finance Solutions: TM1, EP, Controller, FSR “
18

19. Contact Senturus
Senturus, Inc
www.senturus.com
sales@senturus.com
888-601-6010
19

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