IBM Cognos® Controller is financial consolidation software that supports the complete close, consolidate, report process—all in one solution managed by the office of finance.
Features:
- Define and maintain all financial consolidation rules and processes from the office of finance.
- Ensure accurate collection and reconciliation of financial results and eliminate data and calculation errors.
- Consolidate thousands of accounts into a common chart-of-accounts structure.
- Maintain end-to-end control of the entire consolidation process, including data input and reconciliation.
- Use audit trail functionality to track changes in data entry, manual journal data and automatic journal data.
- Meet the complete range of global and local consolidation and reporting requirements "out of the box," including IFRS and U.S. GAAP.
- Evaluate results for multiple countries, currencies and legal entities, each with its own accounting policies intact.
- Speed report preparation with more than 200 pre-configured, standard reports.
- Support planning, budgeting and forecasting with consolidated management data based on a clear link between statutory and management consolidation.