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Cognos plans for new year

The BI and performance management vendor is rolling out corporate planning enhancements and best practices blueprints in January.

Just as a year draws to a close during which regulatory compliance drove a great deal of IT spending, Cognos Inc. has unveiled a slew of enhancements to its corporate performance management tools.

The Ottawa BI and performance management software vendor is extending its Planning Series 7 version 3. Available immediately, the new functionality includes component-based planning for a modular approach to financial planning. Users can begin where business pain is greatest and extend across the organization, Cognos said. A distributed administration function allows users to assign access and responsibility across a security framework. Additionally, the planning interface has been improved to offer a consistent experience across all of Cognos BI and performance management tools.

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Available in January, Controller 2.3 will help solve global financial consolidation problems and provide an enterprise view of performance. The release is the first Cognos-branded offering from its acquisition of Frango AB in August.

The third leg of enterprise planning initiative from Cognos is its Plan-to-Perform Blueprints, a series of data and process model best practices available to customers at no cost. Five blueprints will be available in January: strategic financial planning and forecasting; sales planning and forecasting; expense planning and control; headcount and compensation planning; and capital expenditure planning.

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