This document discusses corporate performance management (CPM) and the challenges of financial consolidation and reporting. It promotes CPM software from Cognos as a solution to automate and streamline financial consolidation and close processes. The software aims to address issues companies face with manual and error-prone consolidation using multiple systems and tools. It provides pre-built reports and functionality to help standardize processes and controls for improved data quality, accountability and auditability. Screenshots demonstrate consolidation management features for hierarchical organization, data submission and review, and consolidation steps.

1. DWConsulware ®
The Business Intelligence Company TM

2. CPM
Una Solución Integral para la
Administración del Rendimiento Empresarial
Luis Barragán
Gerente Comercial Perú

3. CPM: Construido Exclusivamente para
Administrar el Rendimiento
Administración del Rendimiento
Análisis de Información
Efectividad
Eficiencia
Automatización de Transacciones
PSFT Oracle Recolección de Datos
SAP
JDE
Siebel
Aplicaciones

4. Ventaja Competitiva
EFFECTIVENESS
CORPORATE
COMPETITIVE ADVANTAGE
PERFORMANCE
MANAGEMENT
BUSINESS
INTELLIGENCE
REPORTING
EFFICIENCY
CRM SCM
ERP
GL, AR, AP…
WHOLE-COMPANY
FUNCTIONS PROCESSES MANAGEMENT

5. Alto Rendimiento
■ Rendimiento
■ Decisiones
■ Información

6. Tres Preguntas que Determinan el Rendimineto

7. La Realidad en Muchas Organizaciones
 La mayor parte es manual
 Resultado
 Tiene que ser repetido y hecho
en forma diferente cada vez
 Un proceso impredecible –
riesgoso y no auditable

8. La Realidad en Muchas Organizaciones
 Reporteo y análisis utilizando
múltiples herramientas
 Resultado
 Desconfianza en los números
 Alto costo de mantenimiento
 No se comparten
habilidades, reportes, ni
soporte técnico
 No hay economía de escala

9. La Realidad en Muchas Organizaciones
 Muchas hojas de cálculo producidas
individualmente
 Resultado
 No se optimizan recursos
 Demoras en la entrega
 Se introduce un factor de riesgo

10. Planificar, Monitorear y Comprender Su
Rendimiento

11. El Reto
 Alineación
 Visibilidad
 Confiabilidad
 Rendición de Cuentas

12. Bodega de Datos Centralizada
Oracle, SAP, JD Edwards, Warehouses, ODS, Excel ..
PeopleSoft, Siebel

13. CPM Plataforma Tecnológica

14. Clientes Corporativos

15. Clientes en Perú

16. Consolidación Financiera
IBM Cognos Controller

17. Failing Financial Systems
Weaknesses, Deficiencies in 2007
Documentation
Revenue
7%
Recognition
5%
Other IT controls
34% 4%
Financial Systems
and Procedures
50%
SOURCE: Compliance Week, SEC filings

18. Encuesta CFO´s
What percentage of organizations want to reduce
the length of time for the financial close cycle?
45% 64% 74% 90%
How may believe automation would significantly
help shorten the close?
41% 64% 81% 90%
Asked of 250
Senior Financial Managers, Executives

19. Consolidation: Structure and Practice
Foreign Subsidiaries
Manufacturing
GL
ERP
GL
ERP ERP
Global Distribution and
Sales
ERP

20. Consolidation Process
 Moving Data
 Accounting Adjustments
 Inter-company elimination's
 Currency conversion
 Consolidating entities
 Differing Accounting
Standards (e.g. GAAP)
 Legislation (SOX, IFRS, IAS)

21. Corporate Reporting
 External and Internal Reports:
 Key Financial
Statements
 Internal Operations, Variance,
Comparative
Analysis, Financial
Ratios

22. THE CLOSING CYCLE CHALLENGES
Tactical Pains
Root Causes
Incomplete
Functionality
 Financial and management data collection
Inter
Multiple Company
difficult
Complex
GAAP Multi Ownership
Reporting Currency
 Data quality/error checking
 Lack of audit ability
Business
Changes
HQ 1
 Hard to deliver GAAP and Management
reports
Disparate Div 1 Div 2
Data
 Difficult to setup
 Hard to manage business and accounting
Company 1 Company 3
Company 2
changes

23. INEFFICIENT AND INEFFECTIVE CLOSE
CYCLES
CONSEQUENTIAL PAINS
ROOT CAUSE
 Long close cycles
 Risk of misstatement
Multiple Data Sources
 Higher auditing
and accounting costs
 Unable to sustain compliance and
performance initiatives
Spreadsheets
1st Generation Solutions
ERP

24. Customer Response – Improve process
Deliver financial statements
within few business days
Automate & structure consolidation
collection & processing
Introduce certification & authorization
processes
Automated data submissions

25. COGNOS 8
FOR PERFORMANCE MANAGEMENT
AUTOMATION ---------------------------------- TRANSFORMATION ----------------------------
Resolve Pain Adopt & Radiate PM for
For Sustain
3
1 2 4
Beyond Strategy
Immediate Best Finance Execution
Gains Practices
Embrace and Extend Your Existing Infrastructure

26. PERFORMANCE MANAGEMENT ROADMAP
AUTOMATION ---------------------------------- TRANSFORMATION ----------------------------
Resolve Pain Adopt & Radiate PM for
For Sustain
3
1 2 4
Beyond Strategy
Immediate Best Finance Execution
Gains Practices
Improve cycle time
Better control of close process
Eliminate errors and improve data quality
Introduce greater accountability, repeatability and audit ability
Embrace and Extend Your Existing Infrastructure

27. COGNOS CONTROLLER Resolve Pain
For
1 Immediate
Step 1: AUTOMIZATION Gains
Familiar work
Finance Application approach Enterprise reach
1 environments like
no coding centralized control
managed Excel, Web
Best
200+ Pre Built Multi jurisdictional Deep domain
2 practices
working reports GAAP reporting FX, IC, MI, SOX
functionality
Performance
3 Leading in Planning
Leading in BI PM Standardization
platform

28. PERFORMANCE MANAGEMENT ROADMAP
AUTOMATION ---------------------------------- TRANSFORMATION ----------------------------
Resolve Pain Adopt & Radiate PM for
For Sustain
3
1 2 4
Beyond Strategy
Immediate Best Finance Execution
Gains Practices
 Improve cycle time gaps and establish close process
Identify

 Better control of close
 Standardize key controls
process
 Eliminate errors and
improve data quality
 Introduce greater end to end close process
Optimize

accountability, repeatabi
 Integrate technology into close process
lity and audit ability

29. PERFORMANCE MANAGEMENT ROADMAP
AUTOMATION ---------------------------------- TRANSFORMATION ----------------------------
Resolve Pain Adopt & Radiate PM for
For Sustain
3
1 2 4
Beyond Strategy
Immediate Best Finance Execution
Gains Practices
 Improve cycle time
 Management  Identify gaps and Reporting Performance Blueprint
and Financial
Deliver financial close
establish information
 Better control of
process
to businessStandardize key
stakeholders
close process

 Eliminate errors and
controls
improve data quality
 Accelerate performance reporting
Optimize end to end
 Introduce greater
close process
accountability, repeat
ability and audit  Integrate technology
ability into close process

30. PERFORMANCE MANAGEMENT ROADMAP
AUTOMATION ---------------------------------- TRANSFORMATION ----------------------------
Resolve Pain Adopt & Radiate PM for
For Sustain
3
1 2 4
Beyond Strategy
Immediate Best Finance Execution
Gains Practices
 Improve cycle time  Identify gaps and  Integrate financial
 Deliver financial
establish close information for
information
 Better control of
process planning
to business
close process
stakeholders
 Standardize key  Accelerate
 Eliminate errors and
controls performance
 Accelerate
improve data quality
understanding
performance
 Optimize end to end
 Introduce greater reporting
close process  Integrate financial and
accountability,
operational
repeatability and  Integrate technology
information
audit ability into close process

31. Resolve Pain
Demonstrating Consolidation Leadership For
1 Immediate
1400 Groups in 100+ Countries with Controller Gains
Why Cognos for Enterprise Planning?
Energy & Services Financial Services Manufacturing
CPG
AB-Foods

32. Consolidation and
Financial Reporting
Screenshots

33. Consolidation Management Heirarchy

34. Standard Report of the Organization Heirarchy

35. Data Submission and Overall Reporting Status Workflow

36. Data Collection and Review – Overall Review and Signoff

37. Data Collection and Review – Balance Sheet

38. Data Collection and Review – Inter-Company Detail

39. Data Collection and Review – Journal Entry

40. Consolidation Steps

41. Consolidation Trial Balance Report Eliminations

42. DEMO Cognos Planning

43. DWConsulware ®
The Business Intelligence Company TM