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Huntsman Corporation Achieves 1,060% ROI with IBM Business Analytics (TM1)

From the following press release (http://www.marketwatch.com/story/huntsman-corporation-achieves-1060-roi-with-ibm-business-analytics-2010-02-23?reflink=MW_news_stmp) from Nucleus Research - this group is really good:

In using pre-existing accounting software, the full deployment of IBM Cognos TM1 increased reporting visibility and did not require additional accounting staff to achieve Sarbanes Oxley compliance. Audit fees were greatly reduced because all data resided in one deployment and audit reporting became far more rapid. Accountant efficiencies have improved enterprise-wide, eliminating manual workflows, reconciliations and rework during the financial close process and increasing productivity by 50%.

"The Huntsman deployment had a high ROI because it created enterprise-wide uniformity in the financial close. This meant that Sarbanes-Oxley compliance was achieved without adding headcount, accountants became more productive and the annual audit resulted in far fewer billable hours," said David O'Connell, senior analyst, Nucleus Research.