Case Study: ULMA Packaging achieves faster, more accurate financial reporting with IBM Cognos

A high-growth global cooperative makes data-driven decisions with IBM Cognos

ULMA Packaging, a fast-growing global packaging cooperative, struggled with siloed financial systems and error-prone manual processes that made it difficult to deliver reliable insights for planning, consolidation, and reporting. To support its international expansion, the company turned to IBM and IBM Cognos solutions, working with IBM Business Partner LKS FS&C to standardize and automate its financial management environment.

IBM implemented a comprehensive Cognos platform including IBM Planning Analytics, IBM Controller, and IBM Cognos Analytics, creating a single source of truth across the business. The results were significant: corporate reporting became 86% faster, with monthly reports reduced from about one week to 1–2 days, while budgeting, forecasting, and subsidiary onboarding also became quicker and more accurate.

Ulma Packaging

Iñaki Alzibar

Finance Controlling Manager