6 steps on Transforming Budgeting & Forecasting Process
1. Budgeting & Forecasting Process Maturity Assessment, Gap Analysis & Roadmap
From as-is to to-be review, analysis and strategy
2. Roles & Responsibilities
Effectively defined roles and process ownership boosts collaboration, accountability and creates clarity on how to drive business value together.
3. Data & Insights
Budgeting template, data collection and analysis, reporting with best practice KPIs and Metrics
4. Positioning Technology as Business Value Creator
Communicate financials in the language CxO understands.
5. Budgeting & Forecasting Tool Selection
Achieve ROI with selecting the tool that fits organization maturity, technical specification and enterprise architecture.
6. Training, Change Management and Managed Services
Empower and support people during and after Budgeting & Forecasting capability roll out.