The Results of Combining Operational Models with Financial Budgets

This is the final blog entry in a 3 part series on combining financial & operational models to link key business drivers to budgets & forecasts. Click here to review part 2 or part 1 respectively.

Combining operational models that link key business drivers with your financial budgets provide the following results:

• Significantly shorter budget/forecast cycles
• Facilitates market environment vs. calendar driven re-forecasting to react to quickly to changes
• Re-aligns financial planning focus
• Facilitates insight between operational tactics and the financial forecast
• Facilitates variance analysis at the operational and key driver level
• Shifts professional resource time from collecting data and maintaining spreadsheets to analysis and decision making

Please browse this autodemo for an overview of Prophix CPM, a solution that can facilitate sophisticated operational modelling.