{"id":4541,"date":"2016-03-02T13:44:01","date_gmt":"2016-03-02T11:44:01","guid":{"rendered":"http:\/\/www.invest-aura.com\/?page_id=4541"},"modified":"2024-07-01T10:46:21","modified_gmt":"2024-07-01T08:46:21","slug":"budgeting-and-forecasting","status":"publish","type":"page","link":"https:\/\/www.investaura.co\/wordpress\/solutions\/budgeting-and-forecasting\/","title":{"rendered":"Budgeting, Planning and Forecasting"},"content":{"rendered":"<p>Investaura has recently completed a major Budgeting, Business Planning and Costing project for a telecoms service provider. The service provider had been struggling for a number of years, using Excel tools that nobody really understood and that delivered inconsistent results to the board.<\/p>\n<p><!--more--><\/p>\n<p>Worse of all, every budgeting round was remembered as a terrible experience by the top-management team, with many sleepless nights and massive frustration. Sounds familiar?<\/p>\n<div id=\"metaslider-id-5623\" style=\"max-width: 1450px; margin: 0 auto;\" class=\"ml-slider-3-90-0 metaslider metaslider-nivo metaslider-5623 ml-slider ms-theme-default\" role=\"region\" aria-roledescription=\"Slideshow\" aria-label=\"Adaptive\">\n    <div id=\"metaslider_container_5623\">\n        <div class='slider-wrapper theme-default'><div class='ribbon'><\/div><div id='metaslider_5623' class='nivoSlider'><a href=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/02\/AP_PIC.png\" target=\"_self\"><img src=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/02\/AP_PIC.png?resize=720%2C472&#038;ssl=1\" height=\"472\" width=\"720\" data-caption=\"Easy to use, Excel look and feel\" alt=\"\" class=\"slider-5623 slide-5622\" data-recalc-dims=\"1\" \/><\/a><a href=\"https:\/\/i0.wp.com\/www.invest-aura.com\/wordpress\/wp-content\/uploads\/2018\/05\/Adaptive_Dashboards.png\" target=\"_self\"><img src=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/05\/Adaptive_Dashboards.png?resize=720%2C472&#038;ssl=1\" height=\"472\" width=\"720\" data-caption=\"Beautiful Dashboards\" title=\"Adaptive_Dashboards\" alt=\"\" class=\"slider-5623 slide-6572\" data-recalc-dims=\"1\" \/><\/a><a href=\"https:\/\/i0.wp.com\/www.invest-aura.com\/wordpress\/wp-content\/uploads\/2018\/05\/Sales_Capex_Opex_Planning2.png\" target=\"_self\"><img src=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/05\/Sales_Capex_Opex_Planning2.png?resize=720%2C472&#038;ssl=1\" height=\"472\" width=\"720\" data-caption=\"Powerful planning and forecasting of Sales, CAPEX and OPEX\" title=\"Sales_Capex_Opex_Planning2\" alt=\"\" class=\"slider-5623 slide-6568\" data-recalc-dims=\"1\" \/><\/a><a href=\"https:\/\/i0.wp.com\/www.invest-aura.com\/wordpress\/wp-content\/uploads\/2018\/05\/Telecom_Planning_Sheets_Overview.png\" target=\"_self\"><img src=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/05\/Telecom_Planning_Sheets_Overview.png?resize=720%2C472&#038;ssl=1\" height=\"472\" width=\"720\" data-caption=\"Extensively documented sheets\" title=\"Telecom_Planning_Sheets_Overview\" alt=\"\" class=\"slider-5623 slide-6570\" data-recalc-dims=\"1\" \/><\/a><a href=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/02\/180216_Adaptive_Model.png\" target=\"_self\"><img src=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2018\/02\/180216_Adaptive_Model.png?resize=720%2C472&#038;ssl=1\" height=\"472\" width=\"720\" data-caption=\"Ideal for all types of models, small and large\" alt=\"\" class=\"slider-5623 slide-5626\" data-recalc-dims=\"1\" \/><\/a><\/div><\/div>\n        \n    <\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>The Investaura solution was built on the software platform provided by <a href=\"https:\/\/www.adaptiveinsights.com\" target=\"_blank\" rel=\"noopener\">Adaptive Insights<\/a>, the Silicon Valley firm. Adaptive Insights is the worldwide leader in on-demand enterprise performance management (EPM) solutions for companies of all sizes, with more than 3,800 customers and 200,000 users worldwide. From the very beginning, the Adaptive Planning solution has been designed for business users, not IT users.<\/p>\n<p>The system that Investaura has developed for its client is very comprehensive and powerful. Its key features include:<\/p>\n<ul>\n<li><strong>Three applications integrated into one<\/strong>: Budgeting (short-term view), Activity Based Costing (allocation of historical and current costs, as well as cost forecasts), and Business Planning (long-term view);<\/li>\n<li><strong>Full consistency<\/strong> between the three applications: same source of data, same forecasting logic, consistent results;<\/li>\n<li><strong>Activity-based costing module<\/strong>: calculation of the cost and profit margins of individual services (voice, messaging, VAS, Mobile broadband) and products (Prepaid products, Postpaid products);<\/li>\n<li><strong>Variance analysis<\/strong> (Actuals vs. Forecast), <strong>Performance Dashboards and reports<\/strong>, which can be created by the users without IT staff involvement;<\/li>\n<li><strong>Integration and automation<\/strong> of the data extraction from the ERP and data warehouse, so that financial and customer data can be imported into the Budgeting &amp; Costing system at the press of a button;<\/li>\n<li><strong>Multi-user capability<\/strong>, encouraging collaboration within the service provider organisation;<\/li>\n<li><strong>Workflow functionality<\/strong>, making the management of the overall budgeting process easier;<\/li>\n<li><strong>Version management<\/strong>, including access rights management and version locking;<\/li>\n<li>And most important: <strong>easy to use<\/strong>.<\/li>\n<\/ul>\n<p>An overview of the architecture of the solution is provided in the following exhibit.<\/p>\n<p style=\"text-align: center;\"><img data-attachment-id=\"1665\" data-permalink=\"https:\/\/www.investaura.co\/wordpress\/2013\/07\/budgeting-planning-costing-the-first-easy-to-use-solution-in-a-post-excel-world\/130614_architecture\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130614_Architecture-e1521735062652.png?fit=1024%2C656&amp;ssl=1\" data-orig-size=\"1024,656\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"130614_Architecture\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130614_Architecture-e1521735062652.png?fit=300%2C192&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130614_Architecture-e1521735062652.png?fit=720%2C461&amp;ssl=1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-1665\" title=\"BudgetingArchitecture\" src=\"https:\/\/i0.wp.com\/www.invest-aura.com\/wordpress\/wp-content\/uploads\/2013\/07\/130614_Architecture-1024x656.png?resize=640%2C410\" alt=\"\" width=\"640\" height=\"410\" data-recalc-dims=\"1\" \/><\/p>\n<p>The new Budgeting &amp; Costing system will bring great value to the telecoms service provider:<\/p>\n<ul>\n<li><strong>Improved Collaboration<\/strong>: making the budgeting &amp; costing system easily available to a wide-audience of key people (Managers, Directors, VPs), giving them an end-to-end view of the business, and facilitating mutual understanding across Divisions;<\/li>\n<li><strong>Increased efficiency of the Budgeting &amp; Planning team<\/strong>, with less time spent trying to fix formulae and Excel, and more time spent added true value to the organisation;<\/li>\n<li><strong>Significant reduction in the need for consultancy suppor<\/strong>t in the future, saving hundreds of thousands of USD every year for the preparation of the annual budget and the long-term plan;<\/li>\n<li><strong>Better Performance Management<\/strong>: broad communication of current performance, via reports and dashboards, so that key individuals know how the company is performing against budget, at all time.<\/li>\n<\/ul>\n<p>Further benefits are highlighted in the following exhibit.<\/p>\n<p style=\"text-align: center;\"><img data-attachment-id=\"1669\" data-permalink=\"https:\/\/www.investaura.co\/wordpress\/2013\/07\/budgeting-planning-costing-the-first-easy-to-use-solution-in-a-post-excel-world\/130705_impact\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact.png?fit=1115%2C617&amp;ssl=1\" data-orig-size=\"1115,617\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"BudgetingImpact\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact.png?fit=300%2C166&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact.png?fit=720%2C398&amp;ssl=1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-1669\" title=\"BudgetingImpact\" src=\"https:\/\/i0.wp.com\/www.invest-aura.com\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact-1024x566.png?resize=640%2C353\" alt=\"\" width=\"640\" height=\"353\" srcset=\"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact.png?resize=1024%2C566&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact.png?resize=300%2C166&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2013\/07\/130705_impact.png?w=1115&amp;ssl=1 1115w\" sizes=\"(max-width: 640px) 100vw, 640px\" data-recalc-dims=\"1\" \/><\/p>\n<p>For more information, feel free to <a title=\"Contact Us\" href=\"http:\/\/www.investaura.co\/contact\/\">contact us<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investaura has recently completed a major Budgeting, Business Planning and Costing project for a telecoms service provider. The service provider had been struggling for a number of years, using Excel tools that nobody really understood and that delivered inconsistent results&#8230; <\/p>\n<div class=\"more-link-container\"><a class=\"more-link\" href=\"https:\/\/www.investaura.co\/wordpress\/solutions\/budgeting-and-forecasting\/\">Read More<\/a><\/div>\n","protected":false},"author":1,"featured_media":5183,"parent":4535,"menu_order":82,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budgeting, Planning and Forecasting | Investaura<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investaura.co\/wordpress\/solutions\/budgeting-and-forecasting\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budgeting, Planning and Forecasting | Investaura\" \/>\n<meta property=\"og:description\" content=\"Investaura has recently completed a major Budgeting, Business Planning and Costing project for a telecoms service provider. 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Microsoft Excel was good for the job 10-15 years ago, but Excel also has its limits, and you probably have come across many of them already. In particular, Excel is not a database! Today, very\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2016\/02\/shutterstock_300603266.jpg?fit=1000%2C749&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":782,"url":"https:\/\/www.investaura.co\/wordpress\/services\/performance-management-solutions\/adaptive-planning\/","url_meta":{"origin":4541,"position":1},"title":"Adaptive Insights Enterprise Performance Management","date":"February 11, 2011","format":false,"excerpt":"Do you still use Microsoft Excel for Budgeting, Business Planning or Performance Management? Microsoft Excel was good for the job 10-15 years ago, but Excel also has its limits, and you probably have come across many of them already. In particular, Excel is not a database! Today, very powerful, easy-to-use,\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2016\/02\/shutterstock_247165378.jpg?fit=1000%2C732&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51,"url":"https:\/\/www.investaura.co\/wordpress\/services\/performance-management-solutions\/associated-companies\/","url_meta":{"origin":4541,"position":2},"title":"Trusted software partners","date":"September 9, 2010","format":false,"excerpt":"Investaura\u00a0Management Consultants has selected 3 software companies that complement its own core consulting business and with whom we have excellent relationships: Prodacapo provides software solutions\u00a0for process costing and improvement.\u00a0The Prodacapo suite contains applications for activity-based management, profitability analyses, planning, balanced scorecard and process management.\u00a0The company's software and methodology is based\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2016\/02\/shutterstock_247165378.jpg?fit=1000%2C732&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":140,"url":"https:\/\/www.investaura.co\/wordpress\/services\/performance-management-solutions\/","url_meta":{"origin":4541,"position":3},"title":"Performance Management","date":"September 9, 2010","format":false,"excerpt":"Investaura provides its clients with powerful business applications, leveraging its know-how of best-in-class software platforms and its deep industry expertise. The impact for clients is to better understand what is going on in their business and take actions to improve performance. In addition to Excel-based solutions, we provide Enterprise Performance\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2010\/09\/shutterstock_251280265_smaller.jpg?fit=1024%2C678&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3392,"url":"https:\/\/www.investaura.co\/wordpress\/services\/consulting\/corporate-finance\/","url_meta":{"origin":4541,"position":4},"title":"Corporate Finance","date":"March 26, 2015","format":false,"excerpt":"We cover the full range of Corporate Finance topics relevant to telecom service providers, suppliers, infrastructure management and IT companies, including: Valuation In Finance, success is usually judged by value. A good investment decision is one that results in purchase of a real asset that is worth more than its\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.investaura.co\/wordpress\/wp-content\/uploads\/2016\/02\/shutterstock_282394148_smaller.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":110,"url":"https:\/\/www.investaura.co\/wordpress\/services\/consulting\/performance-management\/","url_meta":{"origin":4541,"position":5},"title":"Performance Management","date":"September 9, 2010","format":false,"excerpt":"Investaura develops powerful business applications for its clients, leveraging its know-how of best-in-class software platforms and its deep industry expertise. The impact for clients is to better understand what is going on in their business - Business Intelligence - and take actions to improve performance - Performance Management. 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