Envision CU to Implement Cognos’ Financial Management Software

January 28, 2008, 8:57 p.m. EST 1 Min Read

TALLAHASSEE, Fla. – Envision CU yesterday said it has installed Cognos’ TM1 financial reporting and analytical solution.

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The system streamlines financial reporting and helps analyze the efficiency of various credit union functions, including the modeling of fee-related income, analysis of charge offs and recoveries, reporting of financing activity trends, and comparative analysis of all income statement and balance sheet accounts.

Envision is a $190 million credit union serving 32,000 members.

Cognos is based in Burlington, Mass.

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