What are the uses of cognos?

COGNOS is tool from IBM.
its useful for the management reporting and COGNOS controller facilitate the consolidation of accounts.
Most of the organisation are using COGNOS and Hyperion for speedy management information.
The access of the dashboard given to the senior management so its easy for them to view the reports.
Cognos Controller allows you to deliver complete financial results, create financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics.

Cognos is a Business Intelligence tool developed by IBM.
And its primary use is to create and produce reports.
Being a reporting tool, its applications are endless and are very useful for organisations to display a snapshot of their finances and other metrics for their management heads.
Apart from metrics, it can also display product details and it is possible to drill down to the lowermost level.