Slice offers innovative features that simplify your workflow, making it easier to manage, analyse, and present data from your IBM Planning Analytics (TM1) applications. In today’s fast-paced business environment, efficient reporting is crucial. Here’s how SLICE can streamline your reporting with elegance and ease.

Slice integrates seamlessly with Excel in a TM1 Perspectives like style, allowing you to create dynamic interactive reports. For example, a finance manager can pull real-time financial data from TM1 into Excel to generate customized reports that automatically update with the latest figures, such as revenue, expenses, and profit margins across departments. Features like dynamic columns and virtual consolidations enable users to adjust views and perform in-depth analyses, facilitating quick, data-driven decisions.

During the monthly financial close, accuracy is a top priority. The Cell Audit feature in Slice helps you quickly identify and resolve errors in your reports by highlighting invalid dimension element references. This ensures your reports and ad-hoc analysis reports remain accurate and reliable without the need for manual debugging.

Virtual Consolidation allows you to create on-the-fly consolidations without altering the underlying data structures. This is particularly useful for ad-hoc reporting. For instance, when senior management requests a consolidated view of expenses across regions, you can generate this report quickly, saving time and minimizing errors compared to manual aggregation.

Trace Rules enable you to track how specific values are calculated through TM1 rules, essential for auditing complex calculations. If a net income figure seems incorrect, Trace Rules can help you follow the data flow and logic so you can see and understand rule’s breakdown or data inputs.

When sharing reports with stakeholders who do not have access to TM1, the Remove Functions feature is invaluable. It strips out TM1-specific functions from your Excel reports, leaving clean, static values that are easy to share and review, furthermore, it also leaves excel formulas untouched so any other excel calculated values remain auditable. For example, before sending the monthly financial summary to the board, you can remove all TM1 functions to present clear data without dependencies on the TM1 environment.

In a Nutshell

By leveraging Slice for TM1’s Cell Audit, Virtual Consolidation, Trace Rules, and Remove Functions, your team can significantly improve the accuracy, efficiency, and transparency of any reporting process. These features not only enhance data integrity and reporting flexibility but also ensure that the insights you share with stakeholders are clear and reliable.

Try Slice for free and decide from experience!