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IBM Enhances Its Performance Management Software

GRC Announcements | February 12, 2010

IBM has announced major enhancements to its performance management software, designed to help CFOs and finance managers accelerate the adoption of business analytics and drive smarter decisions for better business outcomes.

With these new solutions, CFOs and finance managers will be able to use analytics to anticipate performance gaps, prioritize resources, and gain insight into profit and growth. These new finance solutions feature:

• New business analytic capabilities for end users to provide dynamic hierarchies and allow unlimited flexibility for end-user scenario building. As a result, organizations will now be able to access information in the right context and can engage decision makers in a structured and automated way, creating an enhanced modeling environment for easier, quicker deployment of planning and analysis applications.

• New financial consolidation capabilities with enhanced allocations and stronger formula calculations for preparing financial reports and analyses. Finance managers will now have access to a complete management consolidation solution that ensures accurate, certified, and auditable results for external reporting and performance management.

• New industry blueprints to help customers quickly gain stronger insights into key performance metrics. These pre-built models include product profitability and financial analytics, demand planning for consumer packed goods customers, and an executive underwriting dashboard for insurance clients.