Financial Planning & Analysis System

• To replace our current budgeting and forecasting system which has limited functionality and reduced support with a cloud based, fully featured FP&A (Financial Planning & Analysis) system by Q4-2024.

More specifically:

Budgeting and Forecasting

• Improve budgeting and forecasting capabilities for the finance team and budget holders across the business.
• Reduce the current manual workarounds used by the finance team to negate the limited functionality of the existing system.

Management and ad-hoc Reporting

• Increase reporting capabilities of the Management Accounting team to support the business planning cycle and improve ad-hoc reporting for budget holders.

Workforce Planning

• To support workforce planning and scenario analysis within one system for the business.

Visual Analytics

• Improve graphical financial data visuals with dashboards, graphs, and charts to increase understanding of financial performance for non-finance users.

System Support

• Reduce current support costs for hosting an on-premises budgeting system.