SERVICES
PLANNING AND MANAGEMENT CONTROL MODEL
Besides its importance and the investment of resources required, the increasingly rapid changes in the environment require organizations to use models and tools for planning and management, in a more efficient and flexible way, allowing them to adapt and respond successfully to changes in the future.
Considering these factors, we design an economic-financial model for the budget process, by simplifying the task of those responsible for developing it and allowing to inform accurately the origin of the deviations when they are required.
This is where our model becomes of vital importance and its use is essential because it helps not only to show what will happen –premises by- in the coming periods, but also allows, depending on whether results are achieved or not, to adapt the forecasts to the changes that will be happening.
However, if the company still lacks the necessary management information to assess whether you are on track to achieve the planned objectives, we will help you to define and obtain those indicators that allow you to monitor the results of the company.
Therefore, we will not only perform the Design of Budget but, if necessary, we will define together which Management Information is desired, how to obtain it and how to make the process of Management Control.
MANAGEMENT INFORMATION
To understand how positive the results of the company are, we must first define a set of indicators that show us its results within a given period of time.
However, if the company still lacks the necessary management information to assess whether you are on track to achieve the planned objectives course, we will help you to define and obtain those indicators that allow you to monitor the results of the company.
Summing up, we will together define which Management Information is desired, how to get it and how to make the process of management control.
MANAGEMENT CONTROL
It is the process that takes place in every company, either, intuitively or professionally to understand its reality.
To do this, we define result indicators, compare them and determine whether we are better, the same or worse than these. This comparison is made versus a previous homogenous period or versus the set goal (the economic-financial budget).
At this point, we will be able to develop reports with concrete and precise information. Tables, graphs and brief remarks, will let you easily interpret the current situation of the company related to desired goals, that is, compared with the budget or with another period.
This will allow you to correct the deviations (or possibly objectives) to reach desired and/or expected results.
ECONOMIC AND FINANCIAL BUDGET
It is the projection that is made of the economic and financial results of a company, for a certain period of time and under certain assumptions. This should have the same level of detail of the management information. For example, if we want to understand which of our sold products made the margin change over the budget, we must have in the budget and in our management information, sales and costs detailed per product.
We insist that this is a critical point and this is where lies the key to our work. Even if we can compare the results with another period (it is very useful), it is essential to have a budget designed to our needs, to understand and transmit our contributors what is expected by the company for the next period.
For this, we developed an integral model of economic-financial planning, where each and every one of the items have their own counterpart, which prevents us to obtain results “by difference” as obtained in traditional models. This differentiation guarantees a detailed record of changes and the correction of variables to budget again, if necessary.
Therefore, it is essential that the budget system developed in your organization is fully tailored to your needs. This means having analyzed the business and its future, specify information requirements and establish a clear methodology on how to implement, prepare and analyze the budget system.
If the methodology for making the budget is adequate, useful, simple and practical, the system will be always motivator and will raise the participation of the entire organization.
WITH OUR MODEL, THE COMPANY WILL HAVE
-The Tool for optimal budget planning process.
-It will be more likely to achieve the expected results, since it is a detailed guide for it.
-The Appropriate budget for your own organization, custom-made.
-An efficient way of linking the formulation of budgets to corporate strategic planning.
-The Method that will allow you to overcome the limitations that usually arise in any budget process.
CONTACT
Phone: (011) 1155812062 / (011) 1152210966