FINANCIAL PERFORMANCE MANAGEMENT (FPM)

MODERNISE. STRATEGISE. GET AHEAD.

Up to 60% of organisations still use Excel as their main budget and financial reporting solution. But Excel comes up short on performing deep strategic analysis, ‘what if’ scenario modelling and more agile processes like rolling forecasts.

Finance teams using Excel bunker down for endless days, weeks and months. They must manually source and review financial data and copy/paste data from ’risk prone’ planning and reporting spreadsheets. Only then can they start to laboriously produce the necessary reports.

This takes away precious time from what the finance function should be doing –

So the question is – how do you transition from this arduous, error prone and high risk reporting process to a truly useful, collaborative and integrated enterprise-wide Financial Performance Management system?

The answer is – Bistech’s Financial Performance Management (FPM) Head Start solution!

Our Headstart solution delivers pre-built assets for common FPM activities, adhering to best practice frameworks and designs. Built and implemented by our full-time team of Certified Practicing Accountants (CPA) and Chartered Accountants (CA), you’ll be able to quickly transition from your existing systems to your newly modernised state. And you can still customise and extend the solution based on your unique requirements.

THE HEADSTART SOLUTION

BENEFITS

SPEED

Leverage pre-built components to get up and going quickly

AGILITY

Adapt plans, budgets and forecasts to changing business conditions

INSIGHT

Explore and visualise insight from internal and external data to anticipate the future

PREDICT

Apply ‘What-if’ scenario modelling  to predict and react quickly to changes in key business drivers

VISUAL

Highly visual dashboards and scorecards for monitoring financial information

INTEGRATE

Incorporate operational plans to track against overall financial budgets and forecasts

MODERNISE

Cloud based or On-premise analytics platform accessed via mobile (iOS and android) web and desktop

EXPLORE

Test business assumptions and scenarios to immediately see the financial impact of alternative courses of action.

SNEAK PREVIEW

Visually engaging information displays

Our brains process information better when it’s visually engaging. That’s why our FPM Solution displays all your financial information in highly visual dashboards, scorecards and graphics. The reports also deliver your information in such an engaging way, your Board will want to frame them.

Visually engaging information displays

Our brains process information better when it’s visually engaging. That’s why our FPM Solution displays all your financial information in highly visual dashboards, scorecards and graphics. The reports also deliver your information in such an engaging way, your Board will want to frame them.

Access to a broad cross-section of pre-built financial reports

With our pre-built reports and forecasting scenarios, we have many of your basic financial reporting needs covered. Identify variances and model future impacts easily, at just the click of a few buttons.

Access to a broad cross-section of pre-built financial reports

With our pre-built reports and forecasting scenarios, we have many of your basic financial reporting needs covered. Identify variances and model future impacts easily, at just the click of a few buttons.

Integrated planning platform

Streamline the budget and forecast process across the organisation. Leverage pre-built planning modules including Workforce Planning, Capital Expenditure and Operating Expenses.

Integrated planning platform

Streamline the budget and forecast process across the organisation. Leverage pre-built planning modules including Workforce Planning, Capital Expenditure and Operating Expenses.

Centrally control key tasks and timelines

Take control of your budget process by allocating key planning tasks and associated timelines to specific people within the business. Easily track against these tasks to seamlessly engage with the team and to better meet planning deadlines.

Centrally control key tasks and timelines

Take control of your budget process by allocating key planning tasks and associated timelines to specific people within the business. Easily track against these tasks to seamlessly engage with the team and to better meet planning deadlines.

Logical process flows

Take the guesswork and miscommunication out of the planning process with clear and logical workflows. Give your team and other key stakeholders greater visibility into their role in each part of the planning process, current status and the next key tasks.

Logical process flows

Take the guesswork and miscommunication out of the planning process with clear and logical workflows. Give your team and other key stakeholders greater visibility into their role in each part of the planning process, current status and the next key tasks.

Organisation wide contributions

Allow organisation wide contribution of budgets and forecasts, sharing the workload and empowering planning stakeholders to take greater ownership

Organisation wide contributions

Allow organisation wide contribution of budgets and forecasts, sharing the workload and empowering planning stakeholders to take greater ownership