Planning and Budgeting

Planning and budgeting are key components of how information is generated and processed, how decisions are made, and how responses are formulated to steer the organization and impact future performance. The processes involved are tightly linked to many others and involve and connect many people and functions across an organisation. The processes are critical for helping finance management understand where they are today, plan for where they want to be tomorrow, and understand what steps are needed to be taken to ensure the organization can stay on course.

Planning and Budgeting practice could offer you a holistic view to improve organisational planning and budgeting activities through providing the following services:

• Governance and controls to produce plans, Budgets and Forecasts.
• Design standardized templates to be used by all stakeholders’ during the planning & budgeting cycle and an annual budgeting template.
• Designing an effective planning framework to allocate financial resources.
• Development of an allocation of resources that aligns with the visions and goals of the organizations and departments. 
• Designing controls for cost models and cost allocation methodologies.
• Governance for bringing cost efficiencies and optimization
• KPI catalogue with clear definitions & owners, maintained through regular reviews.