Planning

More relevant, more frequent, more flexible planning

Do you have to combine results from multiple countries into one workbook?  Are you always chasing people for their data?  Can you be sure everyone is working with the most up-to-date information?

Planning is the cornerstone of successful Financial Performance Management (FPM). Our budgeting, planning and forecasting solutions effectively align your organisation’s performance to the strategic vision. They turn the dream of linking market and operational drivers with financial results into reality.

Using a flexible, collaborative and frequently updated plan – based on performance drivers – Operational Managers are empowered to commit to their plans. Actual operational performance can then be confidently measured with the ability to react quickly. Strategic management have a clearer view of the future and confidence that they are making, smarter, more informed decisions.

Our Planning solutions deliver

  • Consistency across the business
  • Flexible modelling – based on even the largest data sets
  • Trend and what-if analysis
  • Driver-based planning
  • Top-down or bottom-up planning
  • Clear version control
  • Clear workflow management
  • Enterprise-wide collaboration and commitment to the plan

A snapshot of how we work

Our experienced team of professionals implement a host of Planning solutions, here is a clear case study of our budget, plan and forecast capabilities.

Client: Melton Renewable Energy UK (MRE).  MRE is one of the leading independant generators of renewable energy in the United Kingdom with a portfolio of generating assets with a total net installed capacity of 165MW.

Issue: Melton Rewnewable Energy wanted a finance solution that would be more time efficient, flexible and reliable than their existing spreadsheet models.

Solution: We were able to implement IBM Planning Analytics as part of a financial performance management solution which provided driver-based planning for Profit and Loss with automated Balance Sheet and Cash Flow across monthly forecasts, budget and a long-term plan. Secondly, it provided month end management accounts and KPI reporting as well as self-service analysis.  This replaced existing spreadsheet models which were a time-consuming process, inflexible, and ran the risk of data loss or errors.

Outcome: Planning Analytics has had a significant impact on the financial reporting capabilities of the business. The controlled flexibility offered by the software solution ensures consistency and accuracy across the Group, even when there are significant changes to underlying business drivers. It has helped to save at least half a day from the budget preparation and also saves time in the monthly reforecasting process and ensures accurate cash projections. MRE now have one central and visible set of calculations across forecast, budget and long-term plan. Now their long-term plan assumptions will tie in with the budget they submitted.

Who you'll be working with

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