Day-to-day performance management
What comes back at every close
Recurring situations, and yet most of them handled in a rush, in spite of how much they matter.
First case
Shareholder reporting
Automate the production so the time goes into analysis; build on one set of approved figures, shared across the group.
What is at stake
- The contractual deadline met, every period
- Time given back to analysis, month after month
- Variances against budget and against last year analyzed beforehand, and mastered in the meeting
- One set of figures, secured and shared, covering one and the same reality across the analytical view on the business side and the consolidated view on the cash side
How EPMind delivers
- Production chain automated
- From import to distribution, the chain runs with no re-keying and no manual formatting: the Excel add-in and the PowerPoint add-in produce the pack as it was settled. The time given back goes into analysis, and into recommendations.
- Variances against budget and last year
- The comparison is native, at every level and at every close: the question is no longer how to compute the variance, but what explains it.
- One version
- The pack and the extracts sent out come from the same source of truth, with granular access rights by dimension: there are not two versions, because there is only one set of figures.
- Audit trail
- Every aggregate is traceable down to the journal entry: the origin of a variance is shown, instead of being looked for in the meeting.
Capabilities involved: Audit trail and control · Dashboards · Office integration
Second case
Management reporting: aligning Finance and Operations
Rebuild analytical reporting so it matches how the business is run; present performance in a way operations recognize.
What is at stake
- Analytical reporting that matches how the business is actually run
- Approved figures, shared between operational and finance teams
- A reading of performance that shows what is actually at stake in the business
How EPMind delivers
- Analytical dimensions
- Primary and secondary dimensions configured to your organization, with their dependencies handled, and data enriched on import.
- Approved figures, shared
- The collection, approval, and period-lock workflow means a figure that is circulated is a figure that has been approved; granular access rights by dimension give each person their own view, without multiplying the sets.
- How it is presented
- The income statement in reporting format is built by crossing predefined dimensions, and dashboards are configured without writing code.
Capabilities involved: Analytical reporting · Collection and workflow · Dashboards
Third case
Producing a cash forecast
Feed the forecasting model from the source of truth, with no re-keying; compare the simulations with one another and against actuals, every month.
What is at stake
- A forecasting model fed again without re-keying
- Extrapolation scopes with homogeneous cash profiles
- Variances against forecast tracked every month
How EPMind delivers
- A direct link to the spreadsheet
- The Excel add-in feeds the cash forecasting model, scope by scope, straight from EPMind. At every close the model is refreshed with approved data; it is not rebuilt. The time goes into analysis.
- Extrapolation scopes
- Consolidation level by level, recalculated on the fly, makes it possible to create virtual scopes and to simplify the forecasting model: there is no need to cover every case, since logical groupings are allowed and easy to adjust. DSO, DIO, and DPO assumptions make sense, and producing a cash forecast becomes markedly easier.
- Simulations and variances
- Several simulations coexist, compare with one another and against actuals, and the month’s variance reads without having to be rebuilt.
Capabilities involved: Office integration · Scenarios and scope simulations · Analytical reporting
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