There are more ways to plan forecast and budget than ever before. More data, certainly adds to the possibilities, but also how businesses are structured and measure performance has evolved. Services driven by people performance need to be measured, and traditional cost centre budgeting doesn't always fit the structures behind today's organisations. So we took a look at how some of our customers have tackled modelling the most important asset of all - people.
We've all been there; hard pushed for time, a critical business event demands a re-forecast. Meanwhile the egg-timer on screen tells you the mammoth spreadsheet you're trying to open, is going to take another 12 minutes! So here a few things you COULD be doing with your time, instead of sitting waiting for your monster spreadsheet to open, if you moved to cloud planning.
- creating a new scenario
- Updating assumptions
- writing a new report
- reviewing the results
Planning is becoming a core need for business today. And there is a lot of software out there to help in the process. If you are looking at improving the way the business forecasts and planning improvement is on your radar, then here are some tips on how to assess and what to look for as part of your planning weaponry.
We work with organisations both large and small from many different sectors, they start their journey with a common desire to take their planning capability up a gear.
Adaptive Insights UK founder and VP of sales, Ian Preston, is joining Adaptive partner, Formulate Consulting from 1st May. Formulate are finance solutions specialists transforming the planning, consolidation and reporting capabilities of modern organisations in an affordable and highly effective way. With extensive industry, product, and accountancy capability, they build enduring forecasting and consolidation solutions you can trust.