Innovar Ltd Newsletter    

News update on financial planning for business


June 2015
Hi ,

Welcome to the June Newsletter. Its hard to believe we are nearly half way through the year already and summer (hopefully) should be upon us any time.

In this newsletter we have some exciting news about some of the things coming up for Innovar -  we have been invited to present at the CIMA Essential Tools for Management Accountants Conference in June as well as 2 local CIMA branch meetings in October and November. We we are also in the process of adding IBM TM1 to our portfolio of products. Find out more in the articles below.

We also have an article about Taking on Technology and how businesses should be making the most of what is available on the market.

We hope you find this useful and would welcome any feedback you may have. If you enjoyed reading this then please feel free to share this with your colleagues 


Innovar is the expert planning company. We offer IBM Cognos Planning and TM1, BOARD and  Anaplan software and implementation services. We provide specialist budgeting and forecasting training and consultancy services and we help solve spreadsheet issues.

In this issue

The CIMA Essential Tools for Management Accountants Conference


Over the years, Innovar have presented at various CIMA events and this year Innovar are set to present at a brand new CIMA initiative - The CIMA Essential Tools for Management Accountants Conference, taking place in London on 10th June.


Rather than focusing on Continuous Professional Development, the aim of this conference is to arm accountants with real skills that they can take back to their organisations and actually put into practice. CIMA have asked Innovar to present the section entitled "Strategic planning - budgeting and forecasting" which plays to our strengths quite nicely.


Later on in the year, we will also be presenting at a local CIMA branch event in Bournemouth in October, while we will be presenting to another local CIMA branch event in Nottingham in November. If you are a CIMA member, and any of these events are of interest to you, please contact your local branch representative to attend. If you do attend, then please do introduce yourself to any of the Innovar team.




TM1 is coming to Innovar

Innovar are proud to announce that they are in the process of adding TM1 to their portfolio of products.

Cognos TM1 is an enterprise planning software platform that can transform your entire planning cycle, from target setting and budgeting to reporting, scorecarding, analysis and forecasting. Available as an on-premise or on-cloud solution, and with extensive mobile capabilities, Cognos TM1 enables you to collaborate on plans, budgets and forecasts. You can analyze data, and create models - including profitability models - to reflect a constantly evolving business environment. In addition, integrated scorecards and strategy management capabilities help you monitor performance metrics and align resources and initiatives with corporate objectives and market events.
  • Powerful planning and analysis - Create and analyze sophisticated plans, budgets and forecasts, even those based on large data sets.
  • Integrated scorecards and strategy management - Model metrics to measure progress toward objectives and link them dynamically to actions and forecasts.
  • Flexible modeling - Develop and deploy even the most complex planning and analysis models using a guided modeling environment.
  • Engagement with more users - Engage users from across the organization in high-participation planning and collaborate with remote and distributed users through a range of mobile devices, including the Apple iPad.
  • Cloud-based deployment option - Provide all the functionality of the on-premise solution with optional cloud-based deployment-plus enhanced collaboration and mobile capabilities when accessed through the IBM Concert interface.


More information to follow but if you wish to discuss TM1 with us at any time please get in touch 


It's Time to Take on Technology

I read with interest the Guardian article  "Kevin Pietersen: Technology has helped cricket, from analysis to umpiring." If technology is now shaping cricket there can't be many areas where technology isn't have some sort of impact. Technology is obviously moving on in leaps and bounds and we should make use of the most up to date features available.

Read full article Here
Janice Jones.
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If you want to improve your forecasting, then why not talk to me and find out if Innovar can help you. We are "the planning experts" and we have helped hundreds of  companies improve their planning processes so that they have more accurate forecasts  that take less time to complete.  


I can arrange to do a free web demo for you which will take just 45 minutes to complete.   


This could be the first step to helping you achieve all your budgeting, planning and  forecasting goals.