Tactical and strategic performance management
Committing to the future, and setting up the follow-through
Forecasting exercises with widely different horizons and purposes.
First case
Coordinating the budgeting cycle
Run the campaign by activity and by entity; keep every version comparable; consolidate the budget to the same standard as actuals.
What is at stake
- A P&L in reporting format, but also a statutory P&L, a balance sheet, and a cash flow statement
- A campaign held to its deadlines, by activity, by entity, at group level
- Successive versions that compare with one another
- A budget consolidated with the same rigor as actuals
How EPMind delivers
- The complete picture
- Business data by analytical P&L owner down to EBITDA, the P&L of each legal entity down to net income, and the balance sheet and cash flow that go with them. By entity, by consolidation level, and for the group as a whole.
- Campaign orchestration
- A collection dashboard, configurable submission rights, and progress tracking: who has submitted, when, and what is still outstanding. The orchestration is built around each group’s own process.
- Versions
- Budgets, reforecasts, and business plans coexist in multiple versions, each one kept, timestamped, and comparable with the others — and with actuals.
- The same mechanics as actuals
- Budget simulations are consolidated on the fly, level by level, just as actuals are, and scope simulations apply to forecast versions too. A continuous view of how the group’s figures take shape.
Capabilities involved: Budget consolidation · Collection and workflow · Scenarios and scope simulations
Second case
Implementing a rolling forecast process
Easily adjust the short-term forecast every month without rebuilding the model; compare each reforecast with the previous one and with the budget; explain the variances against actuals, and the assumption changes behind the new forecast.
What is at stake
- A horizon that moves on without starting over every month
- Reforecasts that compare with one another, and with the budget
- Variance tracking that can always be explained
How EPMind delivers
- Round trip through the spreadsheet
- The Excel add-in feeds the model from the source of truth and sends the assumptions back up: rolling the horizon forward takes no re-keying, only the analysis needed to understand the variances and adjust the short-term forecast.
- Reforecast versions
- Each reforecast is a version in its own right, kept and timestamped: last month’s is still there to look at when this month’s has to be explained.
- Actuals and forecast in the same mold
- The reforecast consolidates level by level just as actuals do: a closed month replaces a forecast month with no change of mechanics and no change of rules.
Capabilities involved: Budget consolidation · Formula engine · Office integration
Need help with your forecasting?
Describe your horizons and your versions: budget, reforecasts, plans. We will tell you what the platform changes about it, and what it does not.