Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications

    Cognos Improves Planning Integration

    Written by

    Dennis Callaghan
    Published February 11, 2004
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      Cognos Inc. on Tuesday announced Enterprise Planning Series 7.2, an upgrade the company said will ease some of the integration headaches of its predecessors.

      The software, which combines the former Cognos Finance product with planning and budgeting software acquired last year from Adaytum Inc., supports financial reporting, calculation of business drivers effects on budget plans and metrics based on time horizons.

      Manufacturing company Murray Inc., which began using Cognos Finance four years ago, is now beta testing Version 7.2 of Cognos Enterprise Planning Series after implementing Version 7.1. The real-time engine that is new to Version 7.2 caught Murray Financial Systems Manager Rose Melillos eye, she said.

      “You can do a lot of what-if scenarios and see it right there. You dont have to change your entire financial plan, based on one target area,” said Melillo, in Brentwood, Tenn. “You can set what you want your bottom line to be, then look at what it would be if you changed something.

      “You can do more driver-based planning, rather than just input and calculation.”

      Melillo called the integration of Adaytum and Cognos technologies the “best of both worlds.” Murray had previously evaluated Adaytum applications for financial planning before going with Cognos.

      While many of these capabilities existed in Cognos Enterprise Planning Series before Version 7.2, Melillo said this is the first version of the application that integrates them well.

      “There was integration before this, but not on the wizard level, only on the IT level,” she said. “Now its all click-and-point and drag-and-drop.”

      The end result is that Murray can do its financial closes much faster, shaving the time it takes down from two weeks to three days.

      “Weve been waiting for something like this,” said Melillo. “We thought wed have to reinvent the world in planning. Now we wont have to.”

      In addition to real-time visibility of operating performance, Cognos Enterprise Planning 7.2 includes tighter integration of planning data with production reporting as well as support for direct entry commands for changing planning data, what the company calls “active planning.”

      Version 7.2 also features attribute-based models to facilitate complex dimensional consolidation and reporting needs and deeper integration with Excel. Melillo said she likes the new Excel capabilities.

      “You can have charts and graphs in Excel that link to your planning data,” she said.

      Integration with other Cognos products such as Metrics Manager, PowerPlay, Impromptu and ReportNet has also been improved in this release, Cognos officials said. All Cognos products also now feature single sign-on user authentication with a single collection of common user and user-class definitions.

      Dennis Callaghan
      Dennis Callaghan

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×