Bi3 Solutions has years of experience in deploying robust planning applications. Most often these planning applications are replacing linked spreadsheet systems that have grown beyond their useful life. Bi3’s consultants have the finance and accounting training and experience to quickly understand the way you want to perform your planning functions. Our consultants can also share with you the best practices that we have developed over many engagements. These best practices have proven time after time to save our customers time and money when implementing or upgrading a planning system.

Enterprise planning is a broad term that encompasses applications designed to facilitate budgeting and forecasting, and often includes variance reporting as well.

Following are some examples of solutions we have provided to our clients:

Planning Health Check
Our Planning Health Check provides an assessment of your planning, budgeting, and forecasting processes and provides a solution roadmap for streamlining the planning process in your organization with the goal to reduce the dependency on spreadsheets and shorten the planning cycles, while improving the quality and auditability. It has proven to be a valuable initiative for organizations that need to strengthen their process due to Sarbanes-Oxley (SOX) and other regulatory requirements.

Sales Forecasting
Projecting out the sales quotas by sales rep, product and/or quarter

Expense Budgeting
Budgeting at the department, account, and month level

Capital Expense Planning
Adding to your existing asset base the expected new capital assets and their related depreciation schedules

Headcount Planning
At the individual or department level, projecting out the salary, bonuses, benefits, and promotion costs for the next year.

Consolidated Reporting
Bringing together the financial information for subsidiaries and affiliates, and integrating in intercompany eliminations, foreign currency, and other aspects of complex financial reporting.

Contact Bi3 Solutions for assistance in improving your planning applications and processes. If you are looking for enterprise planning expertise and knowledge transfer, then call us today!