Dynamic budgeting and forecasting - Workshop 2019

Overview

Business models are being constantly disrupted and therefore organisations are challenged to constantly monitor the internal and external influences on their sustainable performance. The ultimate challenge is to be agile in a fast changing environment.

This scenario poses a serious challenge to traditional budgeting and therefore finance professionals must engage their businesses in innovative thinking to drive more agile and data driven budgeting frameworks that will keep their organisations ahead of the competition.

This workshop will focus on why the traditional budgeting model must be disrupted and replaced with dynamic data driven frameworks that provide management with predictive insights to drive strategic outcomes and hence bottom line success. Importantly it will demonstrate the proactive role that finance professionals have to play in this shift.

Click here for Aubrey Joachim's biography.

Objectives

• Influence organisational managers as to why the traditional budgeting and forecasting model must be replaced
• Articulate the organisation’s business model to identify the drivers of the business
• Recognise the various data sources that influence organisational business drivers
• Apply data and analytics to build dynamic budgeting models
• Contribute to effective allocation of resources to execute and drive organisational strategy
• Build dynamic reporting frameworks and dashboards for performance reporting

Audience

This workshop is suitable for finance professionals who are wanting to drive change and add value to their organisation.

Please note enrolments close 3 working days prior to the workshop date to ensure any dietary and special requirements can be accommodated.

Looking for a customised learning solution for your organisation or team? Contact us today to discuss in-house learning options.