During our breakfast seminar (yes there will be refreshments including tea, coffee, bacon sandwiches and pastries), we will show you how forecasting and budgeting can be accurate, time efficient and a whole lot more enjoyable!

With so many challenges, budgeting and forecasting is often a frustrating and painful experience for many finance professionals, who have to also endure added pressure to improve costs, resources and performance through accuracy, efficient and better controls. It doesn't have to be this way.

Spreadsheets are often the go to tool with around 90% of businesses using excel. However, there are sophisticated tools and software that can help to make the budgeting and forecasting process much more efficient. Yes they do exist!

Do these challenges sound famililar to you?

Challenge 1: Current budgeting processes aren’t as effective as they could be with high rates of inaccurate assumptions, tedious manual input and great amounts of time commitment across all areas of the business.

Challenge 2: Often there is a disconnect between top-down targets and bottom-up assumptions leading to high-level fixes and lack of business ownership.

Challenge 3: Many Budget and Forecast processes do not incorporate customer and/or product level detail due to the complexity and volume of data which then makes sales and gross margin variance analysis very high level.

Challenge 4: Marketplaces can be unstable and volatile meaning that regular forecasts are necessary. This impacts businesses who don’t have an efficient process in place for evaluating and changing budgets and plans when needed.

Outcomes:

• Why excel isn't the best tool
• Alternatives to excel
• How your budgeting and forecasting process can be revolutionised
• How you can ensure accuracy, ownership and a quicker, seamless process
• Real life examples and practical, hands on tips and advice
• Connect with like-minded business professionals
• Introduction to Digital Transformation

Breakdown of the event:

• Introduction
• Case studies of inefficient processes
• Reliance on excel
• Disadvantages of only using excel
• Digital Transformation
• Demonstration of Jedox

There will also be a chance to network with like-minded professionals towards the end.

The event won't strictly finish at 10am, if you would like to stay behind afterwards to chat to us more, then you are more than welcome to.