IBM Cognos TM1
No doubt, IBM Cognos TM1 is a unique solution. I have never met so many loyal and enthusiastic long-term customers than for any other finance-related software solution. TM1 is special indeed. There is a lot to like: it is lightening fast (64-bit in memory), configuration does not require rocket-science, it supports Excel, there is a great-looking web interface etc.. But one of the biggest benefits is that TM1 is very flexible. You can do many things with this solution. Usage is not limited to just planning and forecasting. It is not limited to the finance department but it can be leveraged across the enterprise for a plethora of business problems. And that is why many people say that TM1 is as versatile as a Swiss Army Knife.
What can you do?
What can you do with IBM Cognos TM1? A good colleague of mine recently put an interesting slide together. It shows various applications that European customers have built. This is not an exhaustive list but just a snapshot of what is possible.
Does this inspire you? Find out more about TM1 by reading my interviews with the author of the IBM Cognos TM1 The Official Guide. And if you haven’t bough the book itself, make sure to pick up a copy sooner than later.