IBM Cognos TM1 Software


 

IBM Cognos TM1 is an enterprise planning software system designed to help transform planning cycles from beginning to end. The program is available on both server-based and and web-based platforms and is accessible on any connected mobile device.

With Cognos TM1, businesses gain access to multiple features including target setting, scorecarding, forecasting, budgeting, reporting, and analysis. Through the program’s mobile accessiblity, remote users and employees distributed in multiple locations are able to engage and collaborate on projects and collectively compile budgets and forecasts. The software system helps users analyze large data sets and create profitability models within guided modeling environments; Cognos TM1 also provides ways for users to monitor performance metrics by integrating scorecards with strategy management capabilities and view the progress that is made toward various objectives.

 

Supported Operating System(s):
Web browser (OS agnostic), Windows 8

3 Reviews of IBM Cognos TM1

Showing 1-3 of 3

 

from Education affiliates
Specialty: Education
Number of employees: More than 1,001 employees Employees number: More than 1,001 employees

IBM Cognos TM-1

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Likes Best

This product allows our Finance team to forecast. Being able to tie the data to our data warehouse allows our users to slice and dice the data they way that they need.

Likes Least

This product is hard to maintain at times. Being a place that doesn't have trained individuals on how to use this, we have to turn to outside vendors to help us out quite a bit. Doesn't seem to intuitive and is hard to finds information on the internet.

Recommendations

Look for something that will be a little more user friendly. Cognos at the time that we implemented was one of the few products on the market. There are a lot of options out there. Make sure you find the one that fits your environment the best.

 
 

from iPaperless Document Management Solutions
Specialty: Software / Technology
Number of employees: 11 to 20 employees Employees number: 11 to 20 employees

ERP on Steriods

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Likes Best

Part of IBM's adaptive road map to ERP has always been to include an entire the ERP features for an inclusive internal support as well. The product is feature rich but what i loved about it most was the internal employee customer care support feature.

Likes Least

I believe IBM had in mind an ERP that covered mostly manufacturing..Nestle which is the biggest chocolate maker are happy with it..so why change it..

Recommendations

Unless you run an IT Department for a core fortune 500 company donnt buy this product..you need alot of ERP experience to run it

 
 

from Model Simply
Specialty: Consulting
Number of employees: 1 employee Employees number: 1 employee

I've been a TM1 consultant and administrator for the past 5 years.

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Likes Best

It is a very power tool if used in the right situation in the right way.

Likes Least

Ability to create complete UI and getting data out of it.

Recommendations

This is really a planning, budgeting, and forecasting tool. Deviating too far away from it will cause problem. Also, make sure you pick the right business partner. Best practices are very important.

 
 
 
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