In challenging, competitive business landscapes it is vital for any organisation to have the means to anticipate results and react quickly to changing conditions to drive optimal performance.

Yet many organisations today make use of manual or spreadsheet-based budgeting processes. These processes are usually time-consuming, with a proliferation of spreadsheets keeping your finance team busy until late into the night. Alternatively, budgets are constructed or amended without input from all stakeholders, resulting in a lack of accountability for actual results.

MCi can help your organisation get on top of your budgeting and forecasting process. We have extensive experience in implementing best-practice collaborative planning solutions for businesses in various industries by building models using the IBM Planning Analytics platform.

With our Interactive Budgeting and Planning models, organisations can:

• Automate their planning process and reduce turn-around time for budgets and forecasts.
• Manage simultaneous top-down and bottom-up planning processes, helping to align strategic and operational goals.
• Implement highly collaborative, zero-based planning solutions with best-practice input templates to facilitate contributions from across the organisation.
• Drive collaboration between functions through automated transfer pricing and inter-divisional transactions.
• Implement driver-based planning solutions to connect results to business drivers and ensure transparency of the results.
• Set up sophisticated what-if and scenario analysis models to test assumptions against budgets and forecasts and adapt business to changing conditions.
• Easily create multiple versions of a plan each with its own set of assumptions and results.
• Migrate to a continuous planning environment.
• Produce timely, reliable plans.