Predictive Analytics – Optimization – Performance Management

IBM Cognos FSR

IBM Cognos FSR automates external and internal reporting processes to reduce risk while improving efficiency.

IBM Cognos FSR transforms the way finance/accounting/legal departments manage and deliver critically important financial and management reports.

  • FSR ensures timely and accurate delivery of content sensitive documents to external and internal stakeholders.
  • FSR facilitates external, regulatory and internal document creation, from the collection of data and addition of insightful business commentary, through to XBRL tagging, formal approval and auditability of final reports.
  • FSR also eliminates the risks inherent in spreadsheet based processes and activities – adding integration, controls, automation and audit trail to ensure data integrity and enhance governance in daily finance and accounting processes.
  • FSR helps CFOs reduce risk and improve efficiency in their most critical reporting processes.

External Reporting

IBM Cognos Financial Statement Reporting (FSR) automates the creation of filings including annual reports, quarterly reports, and other statutory and regulatory reports. IBM Cognos FSR provides a collaborative environment where many contributors can participate in the creation of the external document, within a secure environment, with a tight audit trail and with a seamless connection to source data. With IBM Cognos FSR, you can produce external financial documents more efficiently, with more controls and in compliance with the appropriate regulatory bodies.

Internal Reporting Process Automation

IBM Cognos FSR provides a comprehensive solution that automates the internal reporting process for the creation of reports including: Management Reports, Operations Reports, Board Books, and Strategic Planning and Forecasting Reports, among many others. Unlike your existing tools, IBM Cognos FSR pulls data from any number of financial and non-financial data sources into a unified reporting platform where users can create, format, and validate highly sensitive reports quickly, accurately and securely. IBM Cognos FSR will ensure your Executive, Financial and Operational leaders have the most accurate and timely data and analysis to make better and faster business decisions.

SEC Filings

IBM Cognos FSR automates the creation of the 10-K, 10-Q and other SEC filings. IBM Cognos FSR provides a collaborative environment where many contributors can participate in the creation of the external document, within a secure application, with a tight audit trail and with seamless connection to source data. With IBM Cognos FSR, you can produce external financial documents more efficiently, with more controls and in compliance with Sarbanes-Oxley.

XBRL

IBM Cognos FSR offers one of the most advanced XBRL solutions on the market today. By integrating XBRL into the external reporting process, IBM Cognos FSR makes the tagging, validation and creation of XBRL documents dramatically more efficient and less error prone.

IBM Cognos FSR fully aligns with the SEC’s XBRL requirements by making it easier to tag financial data and commentary and deliver output in any number of formats, including XBRL. By choosing IBM Cognos FSR, companies not only address their XBRL tagging requirements but also reduce the risk and costs associated with their current external reporting process.

Regulatory Reporting

IBM Cognos FSR automates the creation of regulatory reports. IBM Cognos FSR provides a collaborative environment where many contributors can participate in the creation of the documents, within a secure application, with a tight audit trail and with seamless connection to source data. With IBM Cognos FSR, you can produce reports more efficiently, with more controls and in compliance with any internal controls. IBM Cognos FSR is software designed to specifically automate the regulatory reporting process.

Public Sector Reporting

IBM Cognos FSR is a secure database-driven platform that connects to your existing source systems and leverages Microsoft® Word and Microsoft® Excel to automate the production of financial reports and narrative disclosures, including XBRL, in a secure, transparent and auditable environment. Users can create any type of Federal Government and State and Local Government reports including A-11 (Budget) and A-136 (Financial) Reports, CAFRs, and more.

Corporate Social Responsibility (CSR) Reporting

IBM Cognos FSR provides a comprehensive solution to create and manage an organization’s CSR reports. IBM Cognos FSR automates the creation of CSR reports including Global Reporting Initiative (GRI) reports, the world’s de-facto standard in sustainability reporting frameworks. IBM Cognos FSR provides a collaborative environment where many contributors can participate in the creation of the document, within a secure environment, with a tight audit trail and with a seamless connection to source systems. With IBM Cognos FSR, you can produce CSR reports more efficiently, with more controls and in compliance with the appropriate regulatory framework.

(Source: IBM.com)

White Papers and Videos

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IBM Cognos FSR Implementation

With one of the most experienced IBM Cognos FSR implementation teams, Blue Line is the logical choice to guide you through a successful IBM Cognos FSR implementation.  For a RISK FREE NO OBLIGATION ASSESSMENT of your planning and forecasting needs, call us at (866) 589-3440email us at info@bluelineplanning.com or Request A Consultation here.