PI Analytics solution
will help you make faster and data-driven business decisions, through integrated reporting, analysis, and planning throughout the entire Organization.

Business benefits

Expedite your decision-making process

– move away from ineffective planning and non-integrated reporting to reliable and fast reporting, analysis, and planning tailor-made for your business.

Agile
approach

– get your decision making in line with current trends in your business. Make your business plans data-driven.

Collaborate on all organizational levels

– Consolidate your data and adjust your planning on all organizational levels to get a clear view and always choose the most favorable business decisions.

Industries

PI Analytics solution currently covers the finance business area. However, it is fully scalable and can be extended with Sales, HR, Investments, etc. PI Analytics solution can be integrated with other systems as a source for metadata and actual data.

Customer type

  • Medium companies
  • Large companies

Solution details

The General ledger is the basis for this module.
PI Analytics solution includes all relevant financial dimension such as:
  • GL accounts
  • Cost/Profit centers
  • Partners
  • Other financial dimensions depending on business requirements (i.e., Projects, brands, organization units, etc.)

An additional data layer is created on top of source data. PI RefQ (reference data management) is used to create additional mappings and add missing attributes. For example, mapping of different financial dimensions to financial report positions (i.e., P&L or Balance Sheet positions).

In this additional reporting layer, data is presented based on RefQ mappings in order to generate financial reports.

Those reports are used for planning, reporting, and additional analysis, including ad-hoc analysis.


Components of the Solution

The data model includes general ledger, financial dimensions, mappings, and financial reports. This component includes ETL from different source systems and transformation logic, from raw data to financial reports based on the mappings. A data warehouse can be build using different databases and ETL tools.

PI RefQ is a tool for reference data management stored in different ways across different databases, applications, and systems of the Organization.

The use of the tool is enabled through an intuitive and easy-to-use user interface that can be configured to fit the needs of different users.

This user interface provides users with the creation of reporting structures and their financial positions, as well as creating relationships between data or associating data to the created financial positions.

Basic PI RefQ functionalities

  1. Creating a report structure
  2. Creating positions within a report
  3. Creating relationships between data on previously created positions
  4. Creating and managing analytic hierarchies’ Intuitive user interface controlled by role-based security to support collaborated authoring of reference data
  5. Ability to manage and map relationships between different reference data sets which exist in an enterprise
  6. Import data from Excel
  7. Export data to Excel
  8. Data security through defined user roles
  9. Versioning and auditing capability
  10. Search capability

Data analysis and reporting enable users to have fully automated financial reports. For example, statutory financial reports, management reports (P&L, Balance Sheet, Cash flow, Detailed cost reports, etc.).

Additionally, ad-hoc analysis can be performed by the users as well as predefined dashboards and KPIs. Since the solution contains both planning and reporting components, a comparison between plan and actual is available.

Cognos Analytics software is available in the solution for data analysis and reporting. Cognos Analytics is an AI-fueled business intelligence platform that supports the entire analytics cycle, from discovery to operationalization.

Visualize, analyze, and share actionable insights about your data with anyone in your Organization.

Cognos Analytics functionalities:

  • Helps you visualize your business performance
  • Uncover hidden patterns in your data
  • Share insights and collaborate with anyone in your Organization
  • Automate data preparation
  • Craft interactive dashboards and reports

The planning component enables users to perform the whole planning process from preparing planning forms, gathering data from end-users, and performing calculations on top of collected data.

The solution includes planning process workflow with different roles in the planning process (contribute, review/reject/approve), which provides full planning process control.

Different versions and what-if scenarios can be created within the solution. In addition, besides annual plans (budgets), solutions include an option to perform forecasts until the end of the year or rolling forecasts.

The planning component is enabled with IBM Planning Analytics.

IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the Organization and help keep pace with the speed of modern business.

With a powerful calculation engine, this enterprise performance management solution helps you move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results.

Simplify massive amounts of data by unifying data sources into one single repository and empowering users to build sophisticated, multidimensional models that drive more reliable forecasts.

Key features of the solution include:

  • Microsoft Excel interface for easy adoption
  • Multidimensional models to attain deeper insights
  • Deployment options on cloud or on-premises
  • Easy-to-use self-service reporting and visualization tools
  • Unlimited what-if scenario modeling in a personal sandbox

Our expertise

In-depth understanding of business processes in medium and large enterprises in numerous industries (Telecommunications, Banking, Insurance, Distribution, Retail, Wholesale, Manufacturing…)

Implementation experience with all the leading BI, Big Data and data management technologies which are present in the market, proven with appropriate certificates

Extensive knowledge of methodology concepts for successful implementation of DWH, BI and Big Data-based solutions

Find out more about
PI Analytics solution



About Poslovna inteligencija

As a leading company in the field of analytical systems implementation and strategic ICT consulting in Southeast Europe, we provide implementation services for data warehousing, big data analytics, data integration, business intelligence, data mining, planning and budgeting, financial consolidation, business results management, risk management and master data management. Our experience in handling business processes is based on medium and large companies within different business areas such as telecommunications, manufacturing, banking, insurance, distribution, retail and government institutions, and our partner relationships and experience in implementing leading technologies are confirmed by numerous certificates. The location of our main office is in Zagreb and we operate from offices in London, Vienna, Ljubljana, Belgrade, Podgorica and Sarajevo, with over 100 experienced consultants. Our customers include some of the largest companies in Southeastern Europe, and we provide implementation services worldwide for customers who also use our software, models and solutions in their business.

We are an IBM Platinum software partner for Croatia, Slovenia, Bosnia and Herzegovina, Serbia, Montenegro, Kosovo and Macedonia for a product group that includes advanced and predictive analytics, financial and operational performance management, data integration and data management, as well as IBM PureData systems. We have achieved Expert Level for Data Science and Business Analytics and Hybrid Data Management. Our consultants have proven their extensive knowledge of IBM technologies with numerous IBM certificates from the field of analytics.