Dorel required a solution that would allow its senior management to better access and share financial information critical for timely operations planning and decision-making. The company also wanted to replace its current reporting tools with a unified solution that would streamline planning and forecasting processes and facilitate regulatory compliance.
After an extensive review of competitive offerings, Dorel chose Cognos 8 Business Intelligence, Cognos Planning and Cognos Controller to provide decision-makers with multi-dimensional operational performance management on one integrated platform.
Dorel will use Cognos 8 BI to report against key performance benchmarks, analyze timely information to uncover root causes of issues, and track trends, simplifying decision making. Cognos 8 Controller will be implemented to automate and structure! the financial consolidation process, delivering validated financial information for internal and external reporting and providing a transparent, accurate and timely management view of enterprise-wide corporate performance. It is expected that Cognos 8 Controller will improve efficiencies in financial statement preparation, while also strengthening Dorel Article Directory: http://www.articledashboard.com I am Prasanga Perera I am the author of meangreen-meangreen.blogspot.com I am sharing my experience with making money online.
Source: http://www.prweb.com/relea! ses/cogn os/dorel/prweb563062.htm
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