Meet the Information Warehouse.

A spreadsheet is a single-user application. When you try and collaborate by sharing spreadsheet files, you inevitably land in a position where you’re having to manage multiple versions of the same spreadsheet models. This makes robust governance nearly impossible and the information produced in the spreadsheets becomes unreliable. This state of drowning in ungovernable spreadsheets is often called ‘Excel Hell’.

IBM Planning Analytics / TM1 allows for a centralised Information Warehouse that achieves one version of the truth. It doesn’t just keep your data consistent and reliable across your organisation, it keeps your key business structures and business rules (i.e. information) consistent and reliable, too.

When this software is used effectively, it provides a single decision-making platform that is constantly evolving with the market and your organisation’s strategy. The information is accurate, up-to-date and aligned with the wider objectives of the company.

From there, your team can use human intuition, experience and creativity to find the right course of action, backed up by the data that you’re generating and collecting on the ground. The Information Warehouse goes so much deeper than mere financial modelling. It incorporates all of your operational decision-making as well to create a truly holistic business model.

This means that the value of the IBM Planning Analytics / TM1 solution grows exponentially as you pull more data in. So much so that we’ve seen our clients use it to nurture substantial competitive advantages.

We have a name for this Information Warehouse advanced state – Unified Performance Management (UPM).

And it’s only possible with IBM Planning Analytics / TM1.