Best Practice Financial Reports
We understand what you are looking for in a financial reporting environment. That is why CXO-Cockpit Suite is "finance owned" reporting solution with highly flexible Excel-like functionality and "financially intelligent" Best Practice Financial Reports.
FINANCIAL REPORTING TEMPLATES
CXO-Cockpit comes with 14 highly flexible Best Practice Financial Reporting templates and one custom free format template, with which you can create your own flexible output from scratch by dragging and dropping a whole set of different reporting components onto an empty grid.
HOME PAGE TEMPLATE
Many of our customers use this template as the starting point when opening up the CXO-Cockpit. It is specially designed to give the end-user an immediate view of the performance of the company by showing the most important KPIs in the middle of the screen as well as specified news items.
MULTIPLE SCENARIO ANALYSIS
With this template you can combine several scenario-trends in one axis-frame. For example, it is possible to show the Actuals until the current period and the Forecast for the rest of the year.
MULTI COLUMN REPORTS
The Multi-Column template is suitable for creating a dashboard with a flexible number of columns and rows. It is an easy and flexible way of building a report that will look exactly the way you want it to look. It includes rows and columns customizing features, drill down capability and automatic variance coloring.
With reports based on this template you will be able to see the trend in the two categories and see which analytical dimension member and entity is causing this difference. This template is often used for P&L, balance sheet, and cash flow reports. The variance column will give you an indication of accounts that need attention.
This template is used for reports that give insight into the build-up of an account (or any other dimension) typically for non-financial users of the CXO-Cockpit. The example on the side shows how the different underlying accounts add up to Return on Assets. If you click on an underlined member, you will be automatically redirected to a report with more detail.
The waterfall or cascade graph is a very popular graph, used to analyze the difference between actual and budget (or any other reference category) or to analyze movements from last year to actual date. By selecting a line, the right top pane shows the trend of that specific member. Alternatively, you can drill down in the member structure. You can filter the value tree through another dimension and the view automatically zooms to the relevant part.
This best practice report was created after a request from the CXO-Cockpit community that wanted to analyze two related accounts in one graph. Typically this graph is used to analyze Receivables and Days Receivable, or Price and Volume. In the right top pane, the numbers are broken down into the underlying Entities. Clicking on these Entities, gives the user the ability to analyze the numbers broken down into their underlying Entities.
The ratio analysis is often used to detect odd movements in certain Revenues or Costs. By analyzing Cost types as a percentage of the Total Costs or Total Revenues, high volatility in the graph highlights any strange movement in the Costs. By switching to the absolute values, users can quickly analyze if the movement is a notable event. Drilling down to lower level Entities gives users even more flexibility to analyze the numbers.
MULTIPLE BAR & LINE CHARTS
This is the ideal template to show trends for different accounts (and/or members from other dimensions). You can mix line-charts and bar-charts and you can display up to 6 axis-frames in one report.
This best practice report is perfect for benchmark one or more peer groups on an account or any particular KPI derived from the underlying EPM system. This can be particular useful for HQ facilities, given that the tight security of HFM usually restricts access to this type of underlying data. For benchmark purposes within the CXO-Cockpit this type of data can be drawn out of HFM or Hyperion Enterprise.
This template is used to analyze the different components of an account. With these reports you are able to analyze the composition of an account. You can also see the trend per component for two categories. Another example how to use this template is a report for analyzing cost structure trends. You will be able to see the development of total costs as well as the contribution of the individual components.
This template helps analyze the relation between three accounts within an analytical or entity dimension.
This Ranking dashboard gives you a quick overview of the best and worse performers, based on a selected list of Accounts defined for your organization. The ranking can be done on absolute values (of Actuals or another Reference Category) or on the better/worse Variance or Variance%. By showing both the top and bottom performers, you instantly see the Entities/Products/Markets etc. that require specific attention.
FREE FORMAT TEMPLATE
In addition to the set of 13 pre-configured templates, there is also the possibility to create your own Free Format templates. While the pre-configured templates help our customers save significant amounts of time and effort on standard reporting scenarios, they clearly also have many highly specific requirements. The highly flexible free format templates give you the freedom to built any type of output or report you desire.