For many organisations the process of building and maintaining budgets and forecasts and producing financial performance reporting relies on a complex and manually intensive spreadsheet process.
We work with many customers whose finance teams still spend an inordinate amount of time using manual spreadsheet-based processes to collect, consolidate, and validate data. This means finance professionals have less time to deliver plans, budgets, forecasts, reports, and value-added analysis. The net result of these pressures can be budgets or re-forecasts submitted without the level of scrutiny and verification required.
Simpson Associates planning, budgeting, and forecasting solutions have enabled many Housing Associates to develop a tangible process efficiency, that provides a clear line of sight to understand and to guide business performance. Reducing the manual nature of many current planning processes results in greater accuracy and time for analysis and adjustments. And in many cases, for “scenario planning” capability; providing greater control and insight.