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QueBIT Blog: Digital Transformation in Finance and Performance Management

Posted by: Ann-Grete Tan Dec 30, 2019 8:00:00 AM
Since spreadsheets were invented in the 1980s, they have been the tool of choice for anyone doing planning and analysis. Financial analysts use them for the annual budget, the long-term strategy... Read More

Ann-Grete Tan

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QueBIT Blog: Goodbye TM1TOP! Farewell TM1 Operations Console!

Posted by Ann-Grete Tan

If you are a long time IBM Planning Analytics (TM1) administrator, you may have developed a fondness through the years for a utility called TM1TOP. TM1TOP would tell you what your TM1 Server was up to, which was especially useful if users called to complain that it was “slow” or “hanging”.

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Topics: TM1

QueBIT Blog: Excel and State-of-the-Art Planning

Posted by Ann-Grete Tan

I’d like to give a shout-out to Microsoft Excel, the venerable spreadsheet software. If your job description includes reporting, budgeting, planning or forecasting, you rely on Excel to get your job done. Period.

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QueBIT Blog: Worried about Errors in your Financial Reports? Start by quantifying the problem

Posted by Ann-Grete Tan

Google “Accounting Scandals” and you will find plenty of Top 5 and Top 10 lists that include companies like Waste Management (1998), Enron (2001) and Tyco (2002). These are famous examples where top executives were caught committing fraud, and were punished with fines and prison time.

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Topics: CDM

QueBIT Blog: What you need to know about IBM Planning Analytics System Architecture to plan your upgrade

Posted by Ann-Grete Tan

The target audience for this blog post is anyone on IBM Cognos TM1 10.2.2, or an older release, who is looking to upgrade to IBM Planning Analytics. TM1 10.2.0 will no longer be supported by IBM after September 2018 (this year) and TM1 10.2.2 will no longer be supported after September 2019.

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Topics: planning analytics

QueBIT Blog: What you need to know about upgrading TM1 to IBM Planning Analytics

Posted by Ann-Grete Tan

If you are still on a version of IBM Cognos TM1, it is time to plan your upgrade to its rebranded successor, IBM Planning Analytics.

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Topics: planning analytics

QueBIT Blog: “We are talking about the WRONG Excel problem!”

Posted by Ann-Grete Tan

Recently the Wall Street Journal (WSJ) started a firestorm when they published an article titled “Stop Using Excel, Finance Chiefs Tells Staffs” (https://www.wsj.com/article_email/stop-using-excel-finance-chiefs-tell-staffs-1511346601-lMyQjAxMTE3NjMzMDQzNDA4Wj/).

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Topics: planning analytics, Planning Analytics Workspace

QueBIT Blog: “Build vs. Buy” decisions in Financial Performance Management and Analytics

Posted by Ann-Grete Tan

One of the advantages of being a Business Analytics consultant, is that you rarely know what a feasible solution looks like until you have taken the time to truly understand your client’s business, strategy and culture. This applies to financial performance management (including financial reporting, planning and customer profitability modeling), just as it does to predictive and prescriptive analytics problems which may not always directly impinge on the Office of Finance.

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Tips for Optimizing TM1 Performance

Posted by Ann-Grete Tan

Try Googling “TM1 Performance problem” and a lot of advice comes up. Some of it contains useful information, for example http://www-01.ibm.com/support/docview.wss?uid=swg21454290.

And then there is the “shot in the dark” stuff like this which is only helpful if your problem happens to have this one cause (and is useless otherwise): http://pic.dhe.ibm.com/infocenter/ctm1/v10r1m0/index.jsp?topic=%2Fcom.ibm.swg.ba.cognos.tm1_api.10.1.0.doc%2Fc_tm1serverperformance_n802b4.html

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Topics: TM1

Does TM1 need Excel?

Posted by Ann-Grete Tan

YES! Do you agree? If so, read no further :) !

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Topics: TM1

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