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What is IBM Planning Analytics Local

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IBM Planning Analytics Local is the new version of TM1 which was released by IBM in December 2016. IBM has rebranded TM1 to IBM Planning Analytics Local. Get used to using the name Planning Analytics instead of TM1 IBM Planning Analytics is a fast, easy, flexible and complete self-service planning and analytics solution, build on a modern cloud architecture, using as its core, a new generation of the proven TM1 in-memory calculation engine. IBM Planning Analytics is available both as an on premise and cloud based solution. Below is the list of features added to the new version of TM1 aka IBM ...

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Is developer documentation important?

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Although we as devlopers solve problems and that gives us a feeling of success and empowerment, I landed on the realisation that by documenting a problem not just jumping in and fixing it; helps make better decisions. Ok now some of you might ask How did you get there? Others might say well yes of course. I'd like to think that it’s not for any of the obvious reasons you might think of. Let's see. Not all problems will provide a eureka moment but a couple, even one on a particular subject can lead to the formulation of a business transformation initiative. Yes it's happened and while my heart ...

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Why is TM1 best tool for Allocations ?

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How to utilize TM1 Planning Analytics functionality for your Technology Allocations Allocation Technology and other Service charges back to the departments is typically a difficult exercise for most organisations. There is a large amount of different data sources , data mapping, calculations and reporting capability required. This is just for the actuals – forecasting accurately is usually a bridge too far for most organisations. It does not have to be this difficult! Why do we need to allocate charges – It largely influences the behavior and ensures that departments incur appropriate level ...

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How CFOs can improve a company's efficiency by automating the process

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As the CFO of your company, your organisation relies on you for more than just numbers. Yes, spreadsheets and financial reports are the hallmarks of your profession. But what about business intelligence and forecasting? Today, the explosion of data available in business matches the explosion of competition in today’s markets and CFOs need to harness that wealth of data to compete. CFOs need better business intelligence tools to identify upcoming opportunities and grab them before their competitor does. They also need to foresee potential losses and advise on how to mitigate risk. In short, ...

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Take complexity out of Excel and systemize data with IBM Cognos TM1

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IBM Cognos TM1 supported by Planning Analytics is the ideal technology for making Excel-centric budgeting, forecasting, financial reporting and any spreadsheet-based analytical application scale to the enterprise. IBM's TM1 for Microsoft Excel brings the power and familiarity of Excel to the arena of modern enterprise performance management. Planning Analytics, on the other hand, enables business and financial analysts, line-of-business managers and others to explore and analyse data from a variety of different sources—including IBM Cognos TM1 and IBM Cognos Business Intelligence—without IT ...

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