If you could change the way you perform budgeting and planning today, what changes would you make?
In addition to traditional duties like financial planning, reporting and governance, CFO’s and financial managers are being tasked with far more strategic responsibilities. Historically, the office of the CFO has relied on a disparate set of tools from multiple vendors to begin to address challenges including mitigating the risk of re-statements, improving budget cycle times, aligning resources and execution with the strategic goals of the organisation, and having a complete understanding of the drivers affecting cost and profitability throughout the organisation.
CFO’s need the ability to integrate corporate and departmental planning, model cost scenarios and perform sensitivity analysis in order to determine operational budgets, based on strategic plans and assumptions. But gaining a true picture of an organisation’s current health, let alone future performance, can be almost impossible to achieve - with critical operational and financial information typically scattered across multiple applications and databases, and trapped as unstructured data residing in employee e-mail attachments and spreadsheets.
Smarter Planning On Demand Webex
The On Demand webex will highlight why businesses need to adopt smarter planning and investigate the issues of working with multiple data sources, disparate products and geographically dispersed operations centers for planning, reporting and consolidation.
The webex will then introduce SAP BusinessObjects Planning & Consolidation (SAP BPC) and highlight the CIBER formula. We’ll explain how the CIBER formula can create real business value from the SAP BPC toolkit and a software demonstration will show the formula in action.
