Planning, Budgeting & Financial Consolidation

All organizations have some sort of planning and budgeting process, however not many have the ability to:

• Manage the budgeting process, which might involve widely dispersed stakeholders and contributors
• Link a financial plan to the strategic plan, so that strategic objectives and initiatives are resourced effectively and financial objectives are met
• Consolidate and report financial performance information
• Investigate various planning scenarios
• Streamline information flows and automate workflows (including reminders, escalations and approvals)
• Encourage outcome-oriented communication and collaboration across the organization

CorVu’s CorPlanning module enables organizations to automate and streamline their planning and budgeting processes, which in turn enables financial managers to spend more of their time analyzing the effects of the budget on their organization rather than checking numbers.

Planning and Budgeting solutions can be related to Strategy Execution solutions, Project Portfolio solutions, Risk Management solutions, Scorecard and Dashboard solutions, or Decision Support solutions, each of which can be addressed by other CorVu Performance Management modules.

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