Achieve Superior Performance through Driver-Based Planning

Overview:
Driver-based planning is fundamentally different from traditional budgeting in that it focuses on identifying business drivers and the relationships that cause specific outcomes. As such, the focus is on the variables that determine operational and financial metrics that move the business forward, not just on budget dollar amounts.

Most analysts and planning professionals use Excel spreadsheets and waste lots of time verifying data and double checking formulas and links to guard against errors. In contrast, best-in-class companies use driver-based planning and purpose-built planning software applications to minimize the chance of errors and maximize the time spent analyzing data and developing insights that drive actions to improve the bottom line. Winning companies also incorporate an in depth understanding of operational drivers into their models to increase flexibility and make them easy to update and manage.

Why should you Attend:

Traditional planning processes are slow and problematic with fully 56%1of businesses taking 3 months or more to complete their budgets. Compounding the problem of lengthy planning cycles, more than 75%2 of financial analysts' time is spent performing tasks that add no value. Driver-based planning takes you beyond traditional budgeting and provides you the tools to develop flexible plans that can quickly and easily generate insights and add value.

Course attendees will develop an expert knowledge of the differences between traditional budgeting and driver-based planning. They will also hone their ability to:

• Identify the most important financial and non-financial drivers to use in planning
• Develop effective plans that generate insights and empower decision makers
• Shorten the planning cycle and improve efficiency

Areas Covered in the Session:

• Develop a process to discover and understand the true drivers of your business
• Identify the key relationships in data that drive your plan metrics
• Understand how to model key relationships to produce more meaningful plans
• Create plans that are efficient, adaptable and can easily handle scenario analyses
• Identify what you need to change to implement driver-based planning

Who Will Benefit:

• Financial Analysts
• FP&A Analyst
• FP&A Manager
• Finance Managers
• Directors of Finance
• Treasury Analyst
• Treasurer
• Controller
• Assistant Controller
• Accounting Manager

Instructor:

John Sanchez is Managing Director of financial planning and training consultancy FPA Group, LLC . He has more than 20 years’ experience including working at a top ten accounting firm, mergers and acquisitions work for Fortune 500 companies, and leadership positions in consolidated business groups such as Royal Caribbean Cruises and AutoNation. John has substantial experience in capital and strategic planning with proven skills in large-scale budgeting, forecasting and financial planning.

Since his move into developing business training courses for financial professionals in the areas of communications, financial planning and analysis, budgeting and forecasting, John has established a clientele including solo start-ups and multi-billion dollar conglomerates in an eclectic array of industries.

Event link :    http://www.trainhr.com/control/w_product/~product_id=701740LIVE/?channel=eventsget_june_2017_SEO          

Contact Details:

NetZealous LLC, DBA TrainHR          

Phone: +1-800-385-1627

Others Details

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