Planning & Budgeting
THE LARGEST IMPLEMENTATION TEAM IN THE MIDDLE EAST
Run automated Planning, Budgeting and forecasting solution in your organization, No matter your industry or business size!
Leverage the power of centralized planning and budgeting processes
Azdan implement a centralized planning, budgeting and forecasting solution that integrates financial and operational planning processes and improves business predictability. Azdan’s Planning and Budgeting Solution reduces the budget cycle time and allows your company to make effective and efficient business decisions. The solution provides your organization with an ability to quickly model complex business scenarios, such as, ‘slice & dice data’, and perform ‘what if’ analyses.
9 types of planning to fuel your performance
1. Incremental Budgeting
If you are seeking stability in the financial activities, incremental budgeting is easy and fast to implement as not many changes are required in the previous year’s budget.
2. Zero Based Budgeting
ZBB justifies each expense before adding it to the new budget, this lets you focus on operations. It ensures that the resources are economically and efficiently allocated.
3. Activity Based Budgeting
New established companies that have no access to historical budgeting information can consider activity based budgeting as an option.
4. Driver Based Planning
Driver based planning can turn a business into a wealth creator. The drivers will align the finance team across the organization and provides more consistency into various functions
5. Rolling Forecast
You’re always looking ahead, able to make tweaks to your budget as predictions change. This will give you one shot to make those changes annually.
6. Operational Planning
Unlike long term strategic plans, operational Planning is achieving goals in the shorter term as it is department-focused not company focused.
7. Financial Projects Planning
If you need to plan and forecast on a project basis instead of accounts and cost centers, This tactic enables project participants to identify project-related expenses and revenues, plan and propose new initiatives.
8. Sales Planning
The whole budget process hinges on an accurate, timely sales plan. It predicts the volume of attainable sales. Statistical and mathematical models have revolutionized sales planning.
9. Workforce Planning
Workforce planning is ensuring for the human resources department the right person is in the right job at the right time. It anticipates talent shortage issues early, helping to avoid disruptions and unexpected costs.
Do you need to try how the Planning & Budgeting works on Oracle EPM?
The platforms we use create value for our clients
Oracle Planning and Budgeting
Oracle PBCS can drive accurate, connected plans—from long-range planning to periodic rolling forecasts and line-of-business planning—that incorporate best practices.
Discover Oracle Enterprise Performance Management
Take a detailed look at our Oracle EPM experience combined with a deep understanding of enterprise finance business processes, global implementations, and best practices.
