Overview
Learn how to achieve a greater return on your budgeting and forecasting investment using various tools and techniques available in today’s market, including Budget Maestro, PROPHIX, and Host Analytics, which can improve budgeting results. Additionally, discuss how to reduce your dependency on Excel to obtain better results in less time, how to account for risk and uncertainty in your models and why doing so is a best practice.
Objectives
Implement an integrated approach to planning, budgeting and forecasting for a more uniform process throughout the organization
Avoid the political pitfalls that often come with the planning process
Maximize the usefulness of the different plans developed for the organization
Identify the differences between strategic and incremental planning
Perform a financial risk analysis
Perform an EVA analysis (PV, ROI and Modified ROI)
Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course
