Financial Reporting Software: IBM Cognos


What Is It?

Cognos provides a complete solution for Performance Management and Business Intelligence solution along with budgeting, strategic planning, forecasting and consolidations. This software is a perfect solution across various platforms such as finance, operations, sales and marketing and human resources department.

With this tool, users can get formatted, interactive dashboards and analytical reporting. These features allow you to interact with reports on mobile devices or even when they are offline and disconnected.

Read our latest review, about finance reporting tool IBM Cognus

Why Is It Useful?

IBM Cognos is useful for ensuring that you meet all your operational requirements in a cohesive manner. Users can instantly share useful insights by incorporating these solutions in into their daily operations.

You can make use of this tool effectively across teams, organizations and ecosystems for the purpose of increasing their value, scalability and overall performance. Cognos Analytics provides a total web-based experience without needing any desktop tools. Users do not have to worry about transferring their data since everything is on cloud.

With this software, you can even automate and simplify all your processes

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  • Simple, intuitive interface
  • Smart search works in the context
  • Personalized experience
  • Scheduling and alerts
  • Interactive content available online or offline
  • A complete web-based experience
  • Easy upload of personal/external data
  • Report directly off a data source
  • Effortlessly combine data sources
  • Data models can be automatically generated based on keywords
  • Dashboards created using drag and drop on mobile device or desktop
  • Best automatic visualizations
  • Various reporting templates and styles
  • On-demand menus for access to full capabilities over a clean workspace
  • Single interface to create ad hoc or pixel-perfect reports frees up IT
  • Data protected with layers of permissions, authentication, and history
  • Report integrity maintained regardless of the range of inputs across business
  • Controls to protect data whether you’re creating one report for many or many are creating one report
  • Scheduling and alerts

Pricing Plans

IBM Cognos have different packages and are available at varying prices. Users can choose from the following packages based on their requirement.

Workgroup – Starting at $1,990/month

Standard – Starting at $10,100/month

Enterprise – Starting at $19,950/month

Hybrid Entitlement – by quote

Proof of Concept – by quote