FMP Solutions Group

Solutions

Planning, Budgeting, Reporting, Analysis, Forecasting, & Consolidations

.... the key processes that drive business performance measurement. Typically, these processes are handled by disjoint applications, numerous spreadsheets and/or solutions from a variety of vendors. Multiple sources of data and "versions of the truth" can make analysis very difficult, if not inaccurate, for the management team. Too much time is spent reconciling and trying to understand the data, leaving less time for performance tracking and analysis.

In a constantly changing landscape, with ever-increasing competition, companies need a solution they can rely on. A solution that is accurate, intuitive, timely, and cohesive. A solution that allows management to accurately forecast, track performance, take appropriate action, and align their operational plans and budgets with the strategic goals of the business.

FMP Solutions Group partners with leading software vendors to provide the best solutions for your business needs, and we can help separate the true contenders from the pretenders. Our solutions are affordable, efficient, scalable, web-enabled, and are built on leading relational and multidimensional databases.

Don't wait! Let FMP Solutions Group provide your company with a comprehensive performance management solution that will enable you to more effectively manage your business right away!

Many companies still utilize MS Excel as the primary tool for budgeting and forecasting. Typically, there is a lot of pride taken in the development and ownership of these sometimes extensive, complex models.

Though an Excel solution can appear flexible, efficient and accurate on the surface, there can be underlying aspects that should be of concern:

- Extensive manpower to build, maintain and consolidate sheets, formulas, formats

- Minimal security, if any

- Multiple "versions of the truth" with NO audit trail

- Little or no business rules - org. changes and acquisitions require manual effort

- No ad hoc/drill-down reporting capability

- Extensive network resources to distribute

- Support issues
(loss of key author/architect)

- Data errors created by broken links

- Limited visibility before the close process