You know the phrase, “You can’t see the forest for the trees?” That’s the state you’re in when you are so immersed in small details that you can’t see the whole picture. And when you can’t see the whole picture of your organization, you’re going to miss out on a lot of critical information. If […]
When you consider what an immense undertaking it is to complete the long and complex Comprehensive Annual Financial Report (CAFR), it’s really no wonder that so many organizations struggle to meet production deadlines. In the CAFR process you face many challenges, such as juggling resources, managing risks, and keeping costs as low as possible. While […]
In a previous post we introduced you to the idea that IBM’s Cognos Disclosure Management can improve your CAFR process by: Reducing risk Saving resources Cutting costs Decreasing cycle times Improving organizational insight Now we’re going to explain how Cognos Disclosure Management reduces your risks. Most CAFR producers are stuck using outdated, manual systems to […]
IBM recently announced updates to the latest version of Cognos Workspace, version 10.2.1. There aren’t any earth-shattering developments here, but there are new features designed to improve authoring and overall usability. Here is the new feature rundown, straight from the horse’s mouth: Filter on multiple related data items in select value filter and slider filter […]
Disclosure management is one of the most important responsibilities in an organization. Sadly, many finance organizations struggle with time-consuming, manual documents that are prone to mistakes, like: Incorrect formatting Incompatible output types Rounding mistakes Footing errors Lost audit trails These mistakes, even the seemingly small ones, can snowball into glaring errors that are difficult to […]
In recent years, the depth and breadth of demands made on the office of Finance have increased exponentially, and most organizations are not equipped to manage them. Did you know: Nearly 50% of Finance’s time is spent on transactional activities Over 35% of enterprises lack a common financial reporting platform Nearly 40% of enterprises produce […]
nexDimension is pleased that its technology partner, IBM, a leader in integrated XBRL filing, announced that its IBM Cognos FSR product is the only major XBRL creation software solution that filed without any EDGAR Filer Manual (EFM) XBRL validation errors in the latest filing period. (An EFM validation error is an indication of non-compliance with […]
nexDimension is pleased that two of its technology partners, IBM, a leader in corporate performance management (CPM), and Microsoft are officially collaborating to provide customers world-wide with budgeting, planning & financial statement consolidations solutions that are ideally tuned for the Microsoft technology platform. Both organizations are allocating resources and dedicating sales & marketing teams to […]
