Business Inspiration

As part of the celebration of its centenary year worldwide and it’s 84 anniversaries in Mexico, IBM held in this city for the fourth consecutive year, the Forum of Finance. “A forum whose 2011 edition showed the advantages of the analytic tools and disciplines that can help CFOs (Chief Financial Officer), to anticipate and shape business results more efficiently and to handle the transparency to manage risk and improve decision-making.

The IBM Finance Forum is a series of global events where experts from the solutions come together from February to June, with finance executives in over 80 cities worldwide. The Forum has been designed specifically for finance executives who want to learn and discover how new analytical tools and practices can help transform the most important and critical processes of finance, risk to better manage business revenue.

“We live in a world with an explosive growth in the number, variety and granularity of information – both structured and unstructured. Advances in business process management, business rule management and information management, has created opportunities for organizations to achieve sustainable improved performance, “said Cuauhtemoc Vallejo, Manager of Business Analytics at IBM Mexico and Central America and concluded “It’s not only generate new ideas and deeper, but that can be used consistently and systematically. The range of opportunities includes the use of prognostic and predictive analysis to shape the strategy of the organization. ”

IBM has invested in solutions that enable agility in the functions of CFO. The administration of the financial performance of the IBM Cognos solution provides companies with analytic applications for automating financial consolidation, planning and budget setting process and the management support and visibility strategy of indicators key performance indicators (KPIs).

The acquisitions of technologies and OpenPages Clarity Systems in October 2010, is an IBM motion to face financial challenges of governance, compliance (compliance) and risk management. CFOs can facilitate a transformation to a broader financial governance, information and processes to integrate financial, compliance, performance and risk management.

In its 2011 edition, the Forum of Finance provided a practical, workable ideas, and valuable information about the innovations that can help improve the visibility, knowledge and control over the drivers of performance, governance and risk in volatile times.