Cognos has announced that Ramboll Group has selected it to improve
consolidation, planning and reporting processes across the enterprise.
Ramboll would implement Cognos 8 BI, Cognos Planning and Cognos Controller.
According to the company, it offers full-service consultancy and services in
infrastructure, telecommunications, building, health, industry, oil/gas, energy,
environment, IT, and management.
The group says that rapid growth based on development as well as mergers will
result in a challenging planning and reporting environment and it needs a
solution for gaining a better understanding of business performance.
After a comparison of reporting options, Cognos was selected to drive
performance management. Ramboll maintains that it chose Cognos because it allows
the organization to standardize consolidation, reporting and planning
requirements on a single solution thereby allowing users to monitor and analyze
business performance.
The Cognos Innovation Center for Performance Management provides key industry
practical experience and consolidation best practices to Ramboll via customized
workshops and visioning sessions.
"Currently, substantial effort is required to manually extract financial
and operational data from legacy systems and databases and enter into
spreadsheets for analysis and reporting," said Sari Kaikkonen, Group CFO,
Ramboll Group.
In the coming months, Ramboll deploys Cognos solutions that automates and
streamlines reporting and planning processes. The initial deployment would roll
to 400 employees.
"Our flexible performance management solution enables Ramboll to
significantly reduce the time to create budgets, forecasts and reports, allowing
the finance department to spend more resources on analyzing results and
strategic initiatives," said Dave Laverty, CMO & Sr. VP - Global
Marketing, Cognos.