Business Intelligence Journal

Business intelligence, data warehousing and analytics news and resources

Achmea Insurance Selects Cognos For Performance Management

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Cognos (Nasdaq: COGN; TSX: CSN) announced today that Achmea Insurance Group has standardized on Cognos 8 Business Intelligence to support its financial and business planning and reporting.

Achmea, the largest insurance group in the Dutch market, employs 22,000 people working in six departments: Care, Pensions, Social Security, Direct Distribution, Monetary Distribution and Intermediary Distribution, and Group IT Services. Each division has its own key activities and operates under several brands. Cognos will be implemented across the enterprise to support business-critical and strategic goals, including financial and business scenario-based planning.

With Cognos 8 BI, Achmea will have a single product that easily integrates into its existing infrastructure, which has multiple systems and data sources. After Cognos successfully implemented two performance management projects for the Social Security Division in 2006, Achmea decided to implement Cognos across its enterprise. The Cognos consulting organization played a crucial role in the successful completion of the projects by aligning Achmea’s strategic objectives with the Cognos 8 BI implementation.

“We use integrated business performance management to monitor the strategy execution,” said Miloje Stevanovic, Manager of Change Management and IT at Achmea. “Cognos 8 BI provides us with a very solid base and a strong information platform.” [Read more…]

Workforce Intelligence from Hyperion Helps Companies Measure Human Capital Impact

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To gain insight into the demographics of their workforce and more effectively leverage their human capital around the globe, companies in multiple industries are turning to human resources solutions from Hyperion (Nasdaq Global Select: HYSL), the global leader in Business Performance Management (BPM) software.

Companies are increasingly recognizing the importance of measuring the return on their investment in personnel-related expenses, such as recruiting, direct compensation, training, benefits, and outsourcing. In addition to implementing Hyperion software to streamline financial operations, these organizations are extending their use of Hyperion’s BPM and business intelligence (BI) capabilities into workforce reporting and analysis. Expanding the use of Hyperion System 9 software can help human resources managers, business line managers, and company executives:

* Consolidate and integrate enterprise data sources to create a single system for human resources reporting and analysis, which complements and leverages the workforce data in enterprise resource planning (ERP) and human resource transaction systems
* Gain critical insight into the impact of human capital spending on corporate strategy and objectives
* Synchronize workforce-related expense plans with the financial budgeting and forecasting process to create a consolidated view of the workforce and its productivity
* Decrease manual reporting effort and reliance on IT for custom reports with self-serve analysis of the workforce along any dimension: by function, level, department, geographical location, length of service, etc.
* Integrate consolidated data with existing planning and reporting processes and internal measurement tools for immediate, accurate insight into workforce demographics, diversity, compensation, hiring, attrition, and performance trends [Read more…]