Budget, forecast, and model with a powerful planning solution
Many organizations struggle to be able to model or forecast data in a timely manner because many finance teams rely solely on Excel for managing their budgeting process. Rand Group works closely with a number of budgeting and planning tools that integrate with your Microsoft applications and are built for a wide variety of company sizes and industries.
Increase organizational agility with company-wide planning, budgeting, and forecasting
One of the biggest challenges organizations face today is the need for accurate, agile planning and forecasting. With a modern performance management solution featuring intuitive, user-friendly modeling and scenario planning combined with the capability of producing management and ad-hoc reports, and easy collaboration on the cloud, you can support your organization’s success and spend more time analyzing data and making improvements than struggling with data.
A performance management solution provides company-wide planning and budgeting capabilities including finance, sales, workforce, and operations. A state-of-the-art budgeting solution not only provides budgeting with process automation, time and cost benefits, but it also helps you plan your financials to provide critical insights and competitive advantages for your organization.
At Rand Group, we realize that agile, data-driven businesses are consistently outperforming the competition, and therefore the demand for better planning and forecasting continues to increase. Our team of data scientists, accountants, and application specialists can help you create a data strategy that meets the needs of your organization.
Agile planning to drive business growth
An active, collaborative, comprehensive, and continuous process is the key to accurate, agile plans. A powerful planning platform enables multi-dimensional scenario planning and what-if analyses to transform static models into actionable, flexible, and robust plans for likely scenarios.
Forecast financial outcomes to improve future periods
Harness the latest forecasting technology to provide insights into future financial outcomes. Forecast potential market changes and develop the best strategies to maximize profitability based on those changes. Analyze historical data to quickly spot trends so you can adapt as needed.
Foster effective workforce planning and scale resources
Plan ahead of time to prepare for the future and scale resources as you grow. Align your workforce with budgeting goals and sales targets for a firm organization alignment. With modern planning technology, you can increase your bottom line, drive accuracy, and save time.
White Paper
Financial planning during times of uncertainty
Now more than ever, agility is a business imperative. Without the ability to adjust revenue and expense assumptions over time, or model multiple scenarios simultaneously, companies simply won’t have the ability to weather whatever comes next; much less respond to changes in real time. Learn how to replace your annual plans with agile forecasts and timely data, to get better insights, reduce risk, and operate with agility.
White Paper
Financial planning during times of uncertainty
Now more than ever, agility is a business imperative. Without the ability to adjust revenue and expense assumptions over time, or model multiple scenarios simultaneously, companies simply won’t have the ability to weather whatever comes next; much less respond to changes in real time. Learn how to replace your annual plans with agile forecasts and timely data, to get better insights, reduce risk, and operate with agility.
Embrace active financial planning
Become a more agile organization and prepare for your financial future by taking a proactive approach to outlining financial plans and forecasting potential market changes and opportunities. As your financial opportunities evolve, you can manage costs and analyze historical trends to help you change direction in goals and strategy. Provide business users with self-service planning and built-in financial intelligence and analytics tools all connected to the same data source, so you can rest assured all data is always accurate and up to date.
Plan for your financial future and experience the following benefits:
- Automated financial data collection
- Reduced time it takes to plan
- Lower risk with accurate data
- Increased competitive edge
- Increased control of revenue and expenses
Increase sales performance
High-performance sales planning will help improve the efficiency and productivity of your sales team and optimize your go-to-market strategy. With intelligent sales preparations, you can intuitively set and distribute sales targets to ensure complete coverage, balance and assign territories faster, and build staffing plans using what-if scenarios using real-time data.
Increase sales performance by seamlessly:
- Monitoring sales expense and compensation
- Managing sales territory scoring and design
- Monitoring sales metrics
- Forecasting sales and managing pipeline
- Performing real-time what-if scenarios
Choosing the planning solution best suited to your business needs
At Rand Group we focus on your business needs first and the technology solution to meet those needs second. We offer a variety of planning solutions such as Solver and Power BI that enable you to increase organizational agility.
Power BI
Power BI is a robust data visualization suite that allows business users to take their data and summarize it in robust dashboards and stunning visualizations. With the right approach, Power BI can be leveraged as a powerful platform for planning, budgeting, and forecasting.
Solver
Planning, budgeting, and forecasting are essential tools for forward-looking companies. With Solver, budgets can be entered securely into the web portal where managers have real-time access to approve and consolidate data.
Related Insights
What is Corporate Performance Management (CPM)?
A subset of business intelligence, CPM is the tracking and monitoring of a businesses’ overall performance based on key performance indicators (KPIs). CPM integrates business planning, sales, marketing, forecasting and budgeting for finance, human resources and operations to get a comprehensive view of the organization, rather than tracking goals in silos.
Benefits of a cloud-based planning platform
Solver is designed to help organization create a “holistic” or “active” planning process that is easy, powerful and fast. Here at Rand Group, we made the choice to add Solver as a cornerstone solution for our Data Sciences Practice which supports our clients on everything related to reporting, analytics, budgeting, planning, and forecasting.
SharePoint vs. Network File Share (NFS)
SharePoint is a web-based collaborative platform that allows users to build intranet sites, creates pages, document libraries and lists, and organize and manage content. Network File Share (NFS) is a system that allows users to view, store, update or share files between computers that are connected to the same network.
Let’s talk about how we can transform your business
