Our Methodology
One of the most common sources of pain in organisations is the cumbersome nature of the widely used planning process. Spreadsheets are subject to significant error rates, similar to software programming, but spreadsheet-based application development is often done by end users without the discipline of professional programming methods. In addition, spreadsheets are ill-suited to handle large volumes of data and consolidation of such data. Companies using spreadsheets for enterprise financial planning across a distributed set of contributors have processes with high levels of expensive human effort, long cycle times, data integrity challenges, and relative inflexibility. Many clients moving from a budgeting/reporting solution based on spreadsheets have not experienced the rich functionality available in an integrated (EPM) Enterprise Performance Management Solution and so it is more a case of “you don’t know what you don’t know”.
During the implementation it is equally important to ensure the implementation is aligned with corporate strategies. Simply replacing old systems with new technology without taking the opportunity to review business processes to take advantage of the gains in productivity will, at best, yield only moderate improvement.
A combination of our extensive experience in working with companies through many implementations and our proven methodology ensures that we focus on the entire finance reporting process and extract maximum value from the exercise. Our Rapid Start, Proof of Concept and staged implementation processes ensure you, the client, are engaged throughout the project providing input and learning through our skills transfer programme.
