Despite the significant advantages that cloud-based budgeting and forecasting solutions provide, moving from Excel for budgeting and forecasting can seem daunting. Having made the move five years ago, Instructor-CFO Shyam Desigan knows first-hand the challenges many companies face in adopting a cloud-based corporate performance solution. He walks you through best practices, including:
- Evaluating your current budgeting practices and identifying key drivers for making the move
- Managing and reducing implementation risks and cost over-runs
- Comparing cloud-based tools and functionality to determine the best option for your organization
The instructor also provides insights on how he has leveraged the cloud solution to augment the general ledger and go beyond budgeting and forecasting to flexible, multi-dimensional reporting, collaboration and analytics.
Learning Objectives
- Identify how to effectively leverage cloud-based budgeting solutions for simple, more efficient and effective budgets and operational plans
- Explore functional advantages of multi-dimensional corporate performance management solutions vs. Excel
- Understand best practices of migration from Excel to a cloud-based corporate performance management solution, including planning and execution
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Prerequisites
No advanced preparation or prerequisites are required for this course.