Budgeting Forecasting & Planning
Organizations in every industry expend significant resources during their annual budgeting and planning process. The process usually involves many iterations of spreadsheet-based data collection and consolidation. Being manually intensive and subject to entry errors, the process can often paralyze decision makers for a month or more.
A recent report from the Financial Executives Research Foundation, Inc. Showed that a world-class business planning and forecasting process can be extremely important to a company’s overall health. Their research showed the best companies have fully integrated planning and business performance measurement processes and can attribute a significant revenue increase to the planning process.
Many of today’s budgeting and planning software packages deliver top-down strategic planning with continuous forecasting and bottom-up budgeting. However, implementing these solutions require the right mix of technology expertise coupled with functional finance & accounting experience and organizational change leadership to enable the solution to be completely integrated with other enterprise performance management processes.
ComTec will bring you a seasoned team of technical and functional consultants that leverage their financial planning, budgeting and forecasting experience to provide valuable business performance management solutions. We have highly effective project management, development and implementation methodologies that comprise a proven framework for delivering consistent quality.