Looking outward, you have to be nimble to react to market shifts at a moment’s notice. Your decisions have to be informed, quick and effective. And you have to “get it right the first time,” because there are few, if any, second chances.
In an ideal world, you’d like your limited staff to spend less time collecting data and more time analyzing how to improve the performance of the business. You know you need a better solution for performance management – planning, budgeting, forecasting, consolidations, analytics and reporting – as part of your strategic vision to link the insights drawn from trusted information to the actions in strategic and operational plans.
This paper describes how work groups and midsize companies can transform their spreadsheet-only processes to create flexible and timely plans, budgets and forecasts. It outlines recommendations for implementing a complete performance management system, using IBM® Cognos® Express, an integrated reporting, analysis and planning solution purpose built for workgroups and midsize companies.