Global recruitment firm Michael Page has signed up Cognos to implement a range of management software from 2009, in a bid to improve performance management and the accuracy of information feeding its decision making.
The new systems will be installed across the 24 countries the company operates in, including its headquarters in the UK, with the aim of delivering relevant and accurate company information to key decision makers.
The first program to be implemented at the start of next year will be Cognos 8 Controller, an accounting application, replacing an existing in-house solution for consolidation and managements reporting.
A key driver for the change is the company’s existing business intelligence repository, which has become increasingly difficult to maintain and develop as the company has expanded.
Kelvin Stagg, the company’s group financial controller, admitted that Cognos “was not the obvious solution” because the company already had a business intelligence reporting system.
But he added that integrator Simpson Associates “convinced us that it could deliver the complete breadth of performance management – business intelligence, key performance indicators and scorecarding, as well as planning applications – all on the Cognos platform”.
Improved business intelligence is seen as crucial to maintaining a competitive edge in many sectors, though some recent surveys have indicated not everyone is convinced that it is often possible to turn the complex array of information gleaned into effective, targeted actions.