Strategic Planning, Budgeting & Forecasting

Planning is not a singular activity. if you look at all the activities involved in Performance management, there are a number of inter-linked activities that are typically combined into the areas of strategic planning, operational/tactical planning, financial planning, management reporting, forecasting and risk management

Planning involves many kinds of capabilities that help managers make decisions. it goes without saying that any planning system must be able to handle both financial and kPi information, it must be able to model the different business structures (products, departments, customer groupings) and possess good reporting and charting capabilities. it should also be able to report data from both a financial viewpoint as well as a strategy view through dashboards and strategy maps, as well as be multi-user that allows secure access to people with different roles.