This document discusses corporate performance management (CPM) and the challenges of financial consolidation and reporting. It promotes CPM software from Cognos as a solution to automate and streamline financial consolidation and close processes. The software aims to address issues companies face with manual and error-prone consolidation using multiple systems and tools. It provides pre-built reports and functionality to help standardize processes and controls for improved data quality, accountability and auditability. Screenshots demonstrate consolidation management features for hierarchical organization, data submission and review, and consolidation steps.