Following the local deal signed in June this year with Deloitte & Touche, business intelligence company, Cognos, has announced that it has formed a similar strategic relationship with the global professional services firm to exclusively sell and offer consulting services for Cognos Finance in the Canadian market.
Monotix, a local Deloitte IT subsidiary, was selected by Cognos to partner with it to launch and support Cognos Finance.
"Monotix was chosen not only for its link to the Deloitte & Touche, but for its sound reputation in the market for developing and installing financial systems," says Peter Gerson, MD of Cognos SA. "Cognos` enabling technology and Deloitte & Touche`s thought leadership are helping our mutual customers harness corporate data and more specifically, financial data, to help them see what`s driving their business, so that they can make faster, more informed business decisions."
"We are very excited to be associated with Cognos and to have the exclusive distribution rights for the Cognos Finance product. The local market is ripe for such a sophisticated budgeting, consolidation and reporting tool," says Mark Dunn of Monotix SA.
"Deloitte & Touche strives to offer our clients faster and more efficient ways of navigating today`s competitive terrain. We believe that corporate reporting and executive information are essential in these times of rapid change," adds Dunn. "Cognos Finance allows organisations to strip away the complexities of their financial processes, and give them a view of their business metrics much more quickly and effectively than is possible with standard reporting software."
Cognos Finance is a complete solution for budgeting, forecasting, consolidation, and reporting. It provides a complete framework for business professionals to understand and monitor the financial performance of their organisation. It offers a single environment for completing financial processes in a timely manner monthly and quarterly closes, the budget process including distributing and gathering budget information with budget suppliers, and integrating the latest data with user-supplied forecasts. Cognos Finance customers can also share that information over a secure Web-based environment.
Share
Deloitte & Touche is one of the leaders in professional financial services, with a history of forward-thinking excellence. It has a reputation based on 100 years of business service, which is mirrored in its select client base and varied disciplines. Deloitte & Touche provides extensive products and services to the greater spectrum of Southern African organisations. These include fields such as assurance and advisory, consulting, corporate finance, legal and tax services. We provide holistic management solutions to our clients. Deloitte & Touche is part of Deloitte Touche Tohmatsu, one of the world`s leading professional services firms, with more than 92 000 people in over 130 countries
Cognos
Cognos is the world`s largest and most successful vendor of enterprise business intelligence solutions that leverage Internet technology to make information easily accessible to everyone in your enterprise. Founded in 1969, Cognos does business in more than 120 countries and employs some 2 600 people worldwide. With more than 2 million BI licences in over 16 000 organisations worldwide, Cognos solutions are licensed for use by a wide range of customers, including Global 3000 corporations. Our business intelligence solutions and services are sold directly and are also available from more than 3 000 worldwide partners and resellers and supported by an experienced field force of more than 1 400 customer-facing personnel. For more information visit: http://www.cognos.com/
Editorial contacts