ProcessPad for BudgetingBy using ProcessPad to discover, capture and design an integrated budgeting system companywide, you can standardize processes, improve process times and cut related costs.
Any global company's Excel-based budgeting spreadsheets cause problems. Spreadsheets often go missing. Moreover, the process is time-consuming, taking weeks to complete, with many managers turning in the numbers late. In addition, the process denies budgetmakers insight for the final decision-making process, creating employee dissatisfaction and frustration.
A ProcessPad Budgeting implementation has four major phases: - First, the company maps existing "as-is" process flow charts.
- Next, it captures key business logic and knowledge.
- Then it identifies strategic and operational objectives.
- Finally, it prepares "to be" workflow process models to test in the BPM systems and identify bottlenecks.
By using ProcessPad to deliver a phased implementation approach with any rules or workflow engine, your company can streamline processes and automate workflow. This meant that users at all levels of management can tap into the system and gain more accurate budget forecasts. The whole budgeting process becomes faster - taking hours, rather than weeks to complete. Additionally, the process gives managers more time to focus on achieving their objectives while providing insight into the results. Plus, it will cut paper, printing and mailing costs dramatically. |
