We work with the CFO and the office of finance to automate planning and reporting processes to save time, effort and costs and, at the same time, help manage and improve enterprise performance. I have personally been doing that for more than 40 years with excellent software solutions on timesharing, mainframes, minicomputers, client/server platforms, and now the cloud. Yes, full circle back to timesharing! I would have thought by now just about all organisations would have robust solutions for their planning, budgeting, forecasting, management reporting and statutory compliance processes. But that is not what we see. We often find that companies today are creating budgeting and forecasting templates in Excel, issuing them via email, correcting them when mistakes are found, sending them out again, collecting them manually and consolidating in a tool that is not designed for the job. Too much time, effort and cost and hardly any time for analysis or considering multiple options. If this sounds familiar, please take a look at this short video of one of our customers taking about the before and after situation…
You can reach me on geoff@cfogrp.com of you want to chat more about this. Geoff Noble, Managing Director, CFO Group.