Dan Bernatchez, Author at Revelwood Knowledge Center
Dan Bernatchez, Author at Revelwood Knowledge Center

Over the years, we have had many clients who have taken on the project of changing their chart of account (COA) structures. These projects can be resource and time consuming and they affect many business areas and processes beyond accounting and finance. We have found that when clients consider the downstream reporting systems (like IBM Cognos TM1) early in the chart of account change project, they avoid some critical pitfalls that can affect the success of these projects. Why change … Read More

We recently blogged about using IBM Cognos TM1 for capacity planning in both the oil & gas industry and in manufacturing. We also have a great client example of how TM1 can be used for capacity planning in the REIT industry. Our client, a large real estate investment trust (REIT) company with several billion dollars in assets and Class A office space in most major U.S. cities needed a sophisticated solution to model out leases for its buildings and space, … Read More

We recently blogged about capacity planning in the oil & gas industry using IBM Cognos TM1. In short, by using TM1 for capacity planning, a business can better understand how to maximize the capacity it has on hand, how to plan for expected increases and decreases in supply and demand, and how to capitalize on market opportunities to increase physical capacity at the most optimal times. One of our clients, one of the nation’s largest manufacturers of roofing materials, with … Read More

Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. Most people think of IBM Cognos TM1 and automatically think just of financial planning. They think of how organizations of all types and kinds use TM1 for budgeting, planning, reporting and various other office of finance activities. But as we have learned in our decades of experience in working with TM1, there are many other ways companies can use … Read More

Demand planning can guide businesses to improve the accuracy of revenue forecasts, align inventory levels with peaks and troughs in demand, and enhance profitability for a given channel or product. Many of our clients who rely on IBM Cognos TM1 for financial planning, reporting and analysis have asked us to help them design and develop TM1-based demand planning applications. We recently blogged about two examples of using IBM Cognos TM1 for demand planning. One was demand planning in the food … Read More

We recently shared a use case on how a client is using IBM Cognos TM1 for demand planning in the food and beverage industry. We also have a client in professional services who is using TM1 for demand planning. They are a market-leading business support solutions and services company that serves the majority of the top 100 global communication service providers. Like most professional services firms, they make their money based on the number of billable hours its consultants service … Read More