An Agile Approach to Budgeting and Forecasting: Pros & Cons

Sponsored by Place Technology 

  • A Roundtable Discussion: Most Businesses Rely on Static Budgets & Forecasts To Manage Performance. Is There A Better Way?
  • Participants: Brandon Metcalf, Founder & CEO, Place Technology; Rob Bruce, Strategic Consultant; Craig Schiff, CEO, BPM Partners; Michael Lehman, Interim COO, UW-Madison
  • Originally Broadcast: March 2021
  • Duration: 60 minutes
  • Watch Now

Executive Summary:

You plan your budget and forecast based on past performance and expected outcomes. But that’s never enough for a truly accurate forecast.  Invariably, unforeseen challenges and opportunities arise that that require finance teams to change course. Enter an Agile Approach to Budgeting & Forecasting: dynamic forecasting and budgeting informed by real-time, transaction-level data.  Sounds great – but is it attainable for all businesses?

How to Power Your Digital Finance Transformation

Sponsored by Vena 

  • Hear a lively discussion on the necessity for Finance transformation, the challenges, and steps to take to move forward successfully.
  • This is part 2 of a 2-part series. View part 1 here.
  • Speaker(s): Nicole Diceman, Director – Product Marketing, Rishi Grover, Co-founder, Vena; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: February 2021
  • Duration: 30 minutes
  • Register
  • IMPORTANT: Once you register/login to the Plan to Grow website to find this session do the following:
    • Select LIBRARY
    • Search on BPM or select Series – The Forecast

Executive Summary:

Today, more companies are looking at technology to improve their financial and operational processes. In this talk we discuss how companies can best facilitate that.

Top 9 Finance and Technology Trends for Financial Institutions in 2021

Sponsored by Syntellis Performance Solutions 

  • Hear nine key findings from Syntellis’ Financial Institutions Finance and Technology Trends report, developed from a survey of 185 finance leaders from banks and credit unions
  • See how these results compare to BPM Partners’ Pulse cross-industry research and FI client experience
  • Speaker(s): John Kim, Senior Director – Product Management, Syntellis Performance Solutions; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: February 2021
  • Duration: 60 minutes
  • Watch Now

Executive Summary:

In today’s volatile environment, it is critical to understand how your institution can respond to change —running scenarios to reflect varying interest rates and other business conditions and having corresponding plans in place to stay nimble and mitigate risk. Yet only 38% of financial institutions plan to use scenario analysis in 2021.

How the Events of 2020 are Impacting Planning and Analytics in 2021 and Beyond

Sponsored by OneStream Software 

  • Learn how to ensure your planning and forecasting process has the agility needed to help your organization lead at speed.
  • See the phases of FP&A evolution and where your company stands.
  • Speaker(s): Scott Stern, Senior Director Product Marketing, OneStream Software; Craig Schiff, CEO, BPM Partners; John O’Rourke, VP, Product Marketing, OneStream Software
  • Originally Broadcast: January 2021
  • Duration: 60 minutes
  • Watch Now

Executive Summary:

The global pandemic and disruption it caused created planning and forecasting challenges for every organization. What lies ahead in 2021 and how can your organization be better prepared for the recovery and the next potential disruption?

Transforming Finance-Led Processes for Growth

Sponsored by Vena 

  • View a panel discussion on the benefits of integrating financial and operational planning, as well as what’s needed to accomplish this.
  • This is part 1 of a 2-part series. View part 2 here.
  • Speaker(s): Nicole Diceman, Director – Product Marketing, Rishi Grover, Co-founder, Vena; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: January 2021
  • Duration: 30 minutes
  • Register
  • IMPORTANT: Once you register/login to the Plan to Grow website to find this session do the following:
    • Select LIBRARY
    • Search on BPM or select Series – The Forecast

Executive Summary:

Learn how your finance team can become the driving force behind dynamic, fully integrated business planning.

Why Do You Need a Budget Management, Planning and Reporting Solution?

Sponsored by Unit4

  • Learn how finance transformation is continuing to drive the adoption of new technologies.
  • Understand the changing role of spreadsheets and what capabilities to look for in a replacement system.
  • Discover how today’s economic reality is shaping planning and reporting systems.
  • Speaker(s): Oliver Sullivin, Consulting Team Lead, Richard Ludlow, Business Development Manager, Unit4; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: November 2020
  • Duration: 60 minutes
  • Watch Now 

Executive Summary:

The limitations of the spreadsheet model of planning are only being highlighted by current conditions. With teams now required to produce and update forecasts and plans continuously, current models are impairing flexibility and preventing the finance team from becoming a true engine of strategic advice for the business. Craig Schiff, CEO of BPM Partners, discusses the landscape today and what the future holds for the Finance Office, including the challenges Finance teams are still tackling, their aspirations for the future, and how FP&A continues to evolve.

How to Improve Your Close and Financial Reporting Process with Consolidation

Sponsored by insightsoftware

  • Learn how financial consolidation provides trusted actuals data to feed forecasts, management reporting, and performance dashboards.
  • Understand how basic consolidation solutions differ from comprehensive financial consolidation and close solutions.
  • See the key criteria for selecting a new consolidation solution.
  • Speaker(s): Jamie Eagan, VP, Product Management, insightsoftware; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: November 2020
  • Duration: 60 minutes
  • Watch Now 

Executive Summary:

This webcast examines the value modern, intelligent consolidation tools provide to complete an effective close and the wider financial reporting process. Topics include: Value of a Purpose built Close solution to drive efficiency and accuracy in period end reporting, Leveraging the Close solution to drive the planning process, Harmonizing that data to achieve insight into the performance of your organization.

Why Integrated Planning Has Become Essential

Sponsored by deFacto Global 

  • Learn how integrated planning dramatically enhances performance management.
  • See demos of customer use case examples.
  • Understand the capabilities to look for in an integrated planning solution.
  • Speaker(s): Anthony D’Anna, Financial Performance Management, Mike Marotta, Operational Performance Management, deFacto Global; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: October 2020
  • Duration: 60 minutes
  • Watch Now (no registration required)

Executive Summary:

Integrated Planning, defined as the ability to manage both financial and operational performance across an organization using a single tool, has been the Holy Grail of the Business Performance Management industry since its inception. Thanks to advances in the use of SaaS and big data technology, Integrated Planning is coming of age. This technology evolution is well-timed since the use cases Integrated Planning can support have become even more critical today.

Why Not Me? Improving Management Reporting for the Midmarket

Sponsored by Fluence Technologies 

  • How to recognize signs that a formal approach to consolidations/management reporting is needed.
  • How to manage complexities such as currency translation, non-controlling interest and minority ownership, intercompany eliminations, multi-stakeholder/multi-GAAP reporting, internal management reporting, external board reporting and regulatory reporting/filings.
  • Speaker(s): Guy Menard, VP of Operations, Fluence Technologies; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: September 2020
  • Duration: 60 minutes
  • Watch Now 

Executive Summary:

Improving management reporting is a top requirement for most companies. This capability is dependent on reliable and accurate actual data supplied on a timely basis by a robust consolidation solution. Consolidations for mid-market enterprise are more important than ever as companies look for more insight at the entity level and an expedited close to get a better sense of how they’re performing.

How to Implement Continuous Planning in a Fast-Changing World

Sponsored by insightsoftware/Longview/Tidemark 

  • Learn how to  overcome barriers and what to look for in a continuous planning solution.
  • See a brief demo of relevant features.
  • Speaker(s): Tim Caudill, Director, Tidemark; Craig Schiff, CEO, BPM Partners
  • Originally Broadcast: August 2020
  • Duration: 60 minutes
  • Watch Now 

Executive Summary:

In a recent study by BPM Partners, 54% of respondents identified more frequent forecasting as an area of increased importance as a result of the current global economic conditions. So what’s stopping organizations from planning at a pace that best suits their business? Join us as we review common barriers to initiating a continuous planning process, how to overcome them, and what to look for in a continuous planning solution.