Budgeting, Planning & Forecasting:
88% of spreadsheets contain errors
How many spreadsheets do you rely on?
5 TIPS FOR CREATING A WINNING ENTERPRISE PLANNING PROCESS
According to Forrester Research, 74% of businesses require months to a year to respond to changing market conditions… Want to be more responsive?
John Hancock/ Manulife‘s staff reduced manual data entry to 5-10% using a central data repository and built-in checks.
Platinum underwriters saved 40 hours of labor per quarterly report when the burden of manual control over spreadsheets, formula, and changes was automated.
By consolidating all disparate reporting processes into one, integrating ETL processes and automating data export and merger into Excel files, Cisalfa cut their manual work by 30%.
With a single data source and automated spreadsheets, Brembo manages the annual, semi-annual, quarterly statutory consolidation and monthly management reports for over 300 standard and ad hoc reports for 25 companies operating in 13 currencies.
By instituting a single and automated data repository across their entire financial controlling team – 1000 planners - worldwide, Henkel assumed total control over their data and aligned their goals across the enterprise.
In automating portfolio projection calculation, Banco Toyota do Brasil spends a mere 5 minutes on the task, yet confidently.