ADVERTISEMENT
 
Manage your search for products, compare companies, request product information and download industry-related research, for free - a must-have resource.
Become a member, register now!

Integrating Actuals into Financial Plans

By: Alight LLC
Published: 3/25/2010

One of the main concerns of a financial planning and analysis (FP&A) staff is the variance that occurs between projected outcomes and actual occurrences. In order to conduct a proper comparison, the FP&A staff must be able to effectively combine actual data from several different sources into one program that allows for an apples to apples assessment of that data to the forecasted numbers for a given time period.

There are five main problems that can occur when attempting to integrate predicted outcomes and actuals data. These problems include; results that are spread across multiple databases, actual and plan detail are at different levels, there is a lack of underlying activity drivers, actual and plan structures get out of sync, and actual data has no impact on forecasts and plan.

Discover how the right analysis software can provide your FP&A staff with the tools necessary to solve these five problems with the end result being the effective integration of actuals data.


Complete the form to the right to download this free white paper.

Start Here. Complete the form below to download this free white paper.

Already registered? Login
 
Email Address:
Create Password:
First Name:
Last Name:
Title/Role:
 
Company Name:
Address:
Address 2:
City:
State/Province:
Postal Code:
Country/Region:
Business Phone:
Extension:
Industry:
Company Size:
Please note any information you supply is protected by our Privacy Policy.
Based on the information you provide you may receive updates from MediaBrains and/or document owners.
By completing this request, you agree to our Terms of Use.