What is IBM Cognos TM1?
It is a software tool used for planning, budgeting and forecasting. As a planning solution, it stands out for providing immediate visibility into resource requirements and future business performance. It provides what-if scenario analysis for all participants and facilitates decision-making across the enterprise. IBM Cognos TM1 enables localized responsibility for planning processes across business units, functions and geographic areas, all thanks to its distributed administrative capabilities.
Who is this solution for?
IBM Cognos TM1 is aimed for CFOs and controllers who will be able to develop models and link them with other data to form a cohesive system. In addition, they will be able to implement the models in work groups. It is also designed for the preparation of sales budgets for users, marketing or HR departments who will be able to analyze the results of the planning solution and explore alternative scenarios.