Enterprise Performance Management
Services are provided for process setups using in-house softwares of clients and implementation services are available across Oracle On Premise / Cloud EPM and other industry leading software solutions.
Financial planning covers revenue, expenses, income statement, balance sheet and cash flow planning.
Workforce planning covers headcount planning for existing employees, new hires, transfers and termination. Merit based planning and skills planning is covered. Workforce planning can be done at deparment level along with projects.
Capital assets planning covers existing assets, new assets, transfers and retirements. Owned tangible and intangibles assets along with leased assets are covered. Impact of assets related expenses on income statement, balance sheet and cash flow are planned.
Project financial planning covers capital and internal projects which are indirect contributions to the revenue generating activities. It also covers contract projects which are revenue generating activities and it can have labour, material and equipment type of expenses.
Sales and demand forecasting covers product and/or services demand across geographies, customers and channels along with forecasted sales.
Inventory management covers stock of product and movement from warehouse and its impact to the sales.
Financial consolidation covers statutory and management consolidation of financials along disclosures. Consolidations are as per international financial accounting and reporting standards and various ownerships such as Subsidiary, Equity and Joint Ventures are covered for consolidations.
Accounts reconciliation covers verification of data between source system and sub system that are spread across ledger, sub ledger, third party system and manual transactions.
Tax reporting covers automation of taxation of a corporate where entities are spread across multiple countries and various jurisdictions within a country. Tax laws that are applicable at national and jurisdiction level can be applied apart from automation of tax reporting by setting up various tax regimes.
Treasury planning covers cash flow planning, working capital management, transfer pricing, liquidity and risks management.
Profitability and cost management covers cost and revenue allocations across same dimension/segment or across multiple dimensions/segments. Indirect cost or revenue is allocated to applicable segment values so that detailed profitability analysis can be done across segments such as products, services, projects, departments, channels, geographies etc. Right allocations helps to understand profit margins and plan for pricing strategies.
Organisations can do operational planning for services and operations activities so that KPIs are maintained and tracked along with continual improvements by effective planning processes.
