Driver-Based Planning for Budgets and Forecasting

  • Source: Alight, LLC
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Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of a business and financial plans. What's missing is driver-based planning, a best practice methodology where financial plans incorporate assumptions about business activities which are modeled to drive financial data such as revenue projections, headcount, spend-ing and capital requirements. Learn how driver-based planning, empowers managers to do better budgeting and, in particular, improve the accuracy and decision making usefulness of rolling forecasts.

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Budgeting: Beyond Spreadsheets

  • Source: IBM
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Corporate planning, budgeting and forecasting, and the attendant reporting, can be a major factor in a company’s success or failure. Spreadsheet-based planning can prove to be confusing and unorganized, which only costs the company more time and money. Read how the advanced capabilities of IBM Cognos TM1 could potentially streamline your workflow and accelerate your planning, budgeting, and forecasting processes. Read More

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