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QueBIT Blog: Upgrading from Cognos Planning to IBM Planning Analytics #3

Posted by: Gary Quirke Jul 12, 2018 9:18:00 AM
Blog#3: The six best things from an Administrator’s Perspective. Cognos Planning (formally known as Adaytum Planning) has had a good run, but the state-of-the-art solution, with respect to planning... Read More

QueBIT Blog: 5 Reasons You Should Upgrade to Planning Analytics Now!

Posted by Andrew Leighton

If you are still using TM1 10.2.2 (or an older version), there are a lot of compelling reasons to upgrade to IBM Planning Analytics (TM1 11).

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Topics: planning analytics, Planning, Planning Analytics Workspace

QueBIT Blog: Financial Consolidation with Planning Analytics (TM1)

Posted by Sarah Milius

If you know TM1 you already know it is great at aggregating lots of data and doing complex calculations in real time.  But did you realize that those same capabilities make it an excellent tool for financial consolidation?  As accountants well know, consolidation is more than simple summation. It requires the additional steps of currency translation (with all its subtleties including calculating the cumulative translation adjustment due to certain balances being kept at historic exchange rates and the income statement being converted at the average rate for the period), and other consolidation adjustments such as inter-company eliminations, and eliminating minority interests. All this needs to be done under tight controls and with waterproof audit trails. 

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Topics: planning analytics, Financial Consolidations, Planning

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