Date Added: Aug 2012
Introducing a new council finance management system presented new challenges in controlling and reporting for the local authorities using the Lower Rhine Council Data Centre (Kommunalen Rechenzentrum Niederrhein, KRZN).KRZN implemented a new reporting system based on IBM Cognos Business Intelligence software. The solution provides reporting and analysis functions for finance officers, controllers and users within KRZN's internal private cloud environment. Users work with a centralized data repository to compile budgets, KPI reports, financial results statements as well as product reports. The solution offers the technological basis to fulfill NKF's reporting requirements. For KRZN, the central information architecture guarantees maximum cost-effectiveness, as it reduces maintenance costs and error rates.