IBM Cognos Controller
Cloud-based solution for automating and accelerating financial close, consolidation, and reporting.
Overview
IBM Cognos Controller is a financial close and consolidation solution designed to automate, accelerate, and streamline the close, consolidate, and report functions with minimal IT dependency.
The platform supports extended financial close processes, including intercompany eliminations, allocations, currency conversions, and acquisition calculations, while maintaining governance and audit trails for compliance.
It offers on-cloud deployment with the functionality of an on-premises solution and supports global accounting standards such as U.S. GAAP and IFRS, integrating with IBM Planning Analytics and IBM Cognos Analytics for enhanced reporting and insights.
Key Features
- + Automates financial close and consolidation processes
- + Supports intercompany eliminations and currency conversions
- + Built-in workflow and status reporting for governance
- + Supports U.S. GAAP, IFRS and other global accounting standards
- + On-cloud deployment option with on-premises functionality
- + Integration with IBM Planning Analytics and IBM Cognos Analytics
- + Audit trails and compliance support
- + Extended financial close process management