Bring all your data flows into one place
In large organization, data warehousing has become an inescapable part of creating a functioning technology stack. But when the interplay between systems requires specialized IT resources, complicated import/export workflows, and a complex cleaning process – it can really slow operations down. Cubewise is here to help you work with IBM Planning Analytics / TM1 to transform your data flows into seamless processes that can enable near-real-time updates. With smoother pipelines, you can then make better decisions, faster.
Common challenges
IT bottlenecks
When you rely on your IT team to clean data and integrate systems, you’re at the whims of their workload.
Slow transactional throughput
When you’re moving data between systems using import tools, you’re often reliant on time and resources from your IT department. The centralization of this function means that there are queues and bottlenecks that can significantly slow transactional throughput.
Duplicated effort
With bottlenecks come duplicated effort because the time pressure (specifically around month-end) forces processes in run in parallel with incomplete information. Inevitably, your team needs to go back to fix errors, fill in gaps, and reconcile data that has been brought in through some sort of import tool.
Integration experts
Cubewise and IBM Planning Analytics / TM1 has its own intuitive import tool that can be operated by anyone, regardless of their technical expertise. This empowers all of your team to take charge of integration and get the results that they want without having to rely on IT.
Inflexible integrations
Just because a tool says they can integrate with your ERP, doesn’t mean that it’s going to be an enjoyable experience.
Lack of flexibility
If the software integrations that you’re using are not flexible enough to deal with the unique complexity of your data then you’re going to end up doing plenty of data cleaning and structuring anyway – work that should not be on your plate.
Data flow errors
With sub-optimal integrations, your data flow is not well positioned to provide robust feeds from your various systems. This increases the chance of errors, which are often hidden from sight when your transaction volume is high. These often come back to bite you in the future, throwing doubt onto the entire system as a whole.
Custom configurations
Cubewise can help you configure custom integrations in a way that mitigates risk and improves accuracy, while still delivering the granularity that you’re looking for. Additionally, the tool can run nuanced reconciliation processes to look for data flow anomalies/problems and solve them at their source.
Operational Granularity
It’s not just finance systems that we want to integrate, but also operational ones that bring other types of data into the equation.
Non-financial information
Your planning and forecasting is always going to be incomplete without bringing in non-financial information like product volumes, SKUs, supply chain utilization, and so on. This needs to be a part of the holistic picture if your planning is to deliver what it needs to.
Difficult to tie-in
Typically, operational systems that are not finance-oriented struggle to effectively integrate with reporting packages, leading to a lot of manual work needing to be done. This slows down progress, makes life more difficult, and degrades the quality of overall decision-making.
Holistic integrations
Cubewise can help you build a unified platform for all of your business data – pulling in both financial and non-financial information into the picture. This is done through custom integrations that tie in natively to the IBM Planning Analytics / TM1 ecosystem.
A single source of truth. No, really…
All companies dream of a single system that can do it all – a system that can integrate every data feed from their business and help make sense of it all. Cubewise, along with IBM Planning Analytics / TM1, offers a unified system that can harness your ecosystem’s complexity. Not only will it transform the way you think about your business, it will enable you to see things holistically for perhaps the first time.
Talk to us today and let’s overcome the challenge together.
When a system is unable to adapt to changing business circumstances, it can be tremendously frustrating for all who work with it. Things must go on, of course, and so users will resort to building tedious workarounds, simplifications and shortcuts that only serve to kick the can down the road.
Don’t accept that your business processes are incapable of adapting to fast-moving market changes. Contact us to find out how easy it can be to implement efficient and practical planning, reporting and forecasting workflows.
What’s new
Blog latest posts widget (do NOT edit)