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 […]
If you already know how IBM Cognos Disclosure Management can reduce risks and save resources in your Comprehensive Annual Financial Report (CAFR) process, than you may have an idea of how it can also cut costs. Basically, IBM Cognos Disclosure Management reduces audit costs incurred by manual reporting processes. When you produce your CAFR manually, […]
In earlier posts, we’ve introduced you to a revolutionary solution for your CAFR process and how that solution can reduce risk for your organization. Now we’re going to explain how that solution, IBM Cognos Disclosure Management, can help you save resources by leveraging your most valuable asset: your people. Since most Comprehensive Annual Financial Reports […]
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 Most CAFR producers are stuck using outdated, manual systems to […]
When you prepare your Comprehensive Annual Financial Report (CAFR), you probably rely on two primary pieces of software: Microsoft Excel and Microsoft Word. You use Microsoft Excel to produce the numbers and spreadsheet portions of the CAFR, and you use Microsoft Word to produce the words and narrative portions. Both serve as dynamic tools and […]
Does your organization need to own and maintain: A fleet of vehicles? A manufacturing facility? Production machinery? Heavy equipment machinery? How much time and money do you spend solving problems with these assets? How would your organization change if you could anticipate your maintenance and quality needs, and stop problems before they start? With IBM’s […]
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 […]
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 […]
