Group Budgeting and Forecasting

This privately-held company operates in 4 continents and 40 locations. The challenge was to provide a solution for the management and accurate reporting of annual budgets and quarterly forecasts, with inputs from approximately 200 budget holders. An existing Excel-based system was error-prone, inaccurate and unmanageable, and contained no historic data for comparisons. A web-based system, organised around standard Excel forms and reports and a standard database, resulted in accurate and timely compilation and reporting on budgets and forecasts.