For privacy reasons, we will refer to our client as “Intl Bank.” About Intl Bank With over 1,000 branches spread across 30 states, Intl Bank has been in business in Asia for almost a century. It is a vibrant, fast-growing, service-oriented and trend-setting financial institution.… Read More »Success Story – International Banking
IBM Cognos TM1 (formerly Applix TM1, formerly Sinper TM/1) is the enterprise planning software from IBM, used to implement collaborative planning, budgeting and forecasting solutions, as well as analytical and reporting applications. In our “Budgeting and Planning with IBM Cognos TM1 For Higher Education Institutions”… Read More »Finance Analytics with IBM Cognos TM1
The world is getting swamped with technological advances almost daily, yet there are many banking institutions in the world who are still using spreadsheets for financial planning and budgeting? Are you one such banking institution? Maybe we can help you join the rest of the world and leverage IBM Business Analytics tools in the banking industry for more success in your business. Here’s how..
Read More »How to Leverage IBM Business Analytics Tools in the Banking Industry
Today, consumers demand more from retail banks such as customized products, convenient service, and even rewards for being loyalty. In a recent banking industry report from McKinsey Company, they pointed out that “most banks have never created a close relationship with their retail customers and understand little of their actual needs.” Although maintaining relationships with customers is critical, and many banks aspire to do so, only few can actually deliver.
Read More »Predictive Analytics for Customer-Oriented Retail Banking
Most online booking websites are account-based with their own database systems that store client profile data, reservation details and transaction records. But also, most online booking websites don’t have solutions set in place to be able to review and explore this information enriched data in order to better understand its customers and make better business decisions.
Read More »Business Indicators for Online Booking Websites
In a climate of cost-cutting competition for top students and staff, less public funding, and more stringent compliance requirements, college and university administrators must be able to define long-term growth plans while analyzing trends and scenarios to prepare for future excellence. This being said, budget management and planning is undoubtedly the most important step in this process.
Read More »Budgeting and Planning with IBM Cognos TM1 For Higher Education Institutions
Budgeting is the core of finance. Today, most companies believe that they have a shortage of budget. However, in most cases it is not a lack of company cash flow, but instead it is a lack of efficient budget planning. An efficient budget plan can help the firm better allocate resources and reduce overall costs.
Read More »The Importance of Budget Planning and Analytics
Are you and your organization still using spreadsheets? According to 167 organizations that responded to a 2014 AberdeenGroup study, 91% use spreadsheets in regards to financial planning, budgeting and forecasting. That sounds like a lot of tedious work.
Read More »Beyond Spreadsheets – The Next Level in Planning, Budgeting and Forecasting
For automotive companies, analytics planning questions arise such as: how do we adjust production scheduling to optimize operations and capitalize on emerging opportunities? How do we get individual subsidiaries and departments all into analytics planning?
Read More »Accelerating Analytics Planning Processes for Automotive Manufacturers with IBM Cognos TM1