Business Planning & Forecasting

Business planning is used to facilitate the users to review / enter data for planning / budgeting purposes. The area of application stretches from simple data input through to complex scenarios with data extraction, automatic planning preparation, manual data input, controlling the planning process, and retracting plan data back to the transactional system. The architecture is usually structured to implement simple scenarios without great effort but is equally able to build sophisticated business-wide planning processes.

Typical Planning Application

Simplicity of Internet Search

  • Sales & profit planning
  • Cash flow planning
  • Cost center planning
  • Profit planning
  • Investment planning
  • Profit center Planning
  • Balance sheet planning
  • Working capital planning
  • HR planning

GTN SAP can help customers realize the planning process

Forecasting

Forecasting procedure is used to predict / approximate the future development of key figures. The process involves some forecast functions on historic data to calculate expected forecast values with statistical procedures. This means that there must be some reference data available in the system with a time reference for a forecasting model to work.

Rapid Deployment

  • Average
  • Moving average
  • Weighted moving average
  • Simple exponential smoothing (constant model)
  • Linear regression
  • Linear exponential smoothing (trend model)
  • Seasonal exponential smoothing (seasonal model)
  • Trend-seasonal exponential smoothing (multiplicative seasonal component)
  • Trend-seasonal exponential smoothing (additive seasonal component)

PROFITABILITY ANALYSIS:

Profitability and cost management are part of enterprise performance management solutions, provides a number of business benefits, including

  • Visibility into the true drivers that impact costs and profitability such as IT and other shared services
  • Optimized financial performance, thanks to a detailed understanding of the cost and profitability of products, services, customers, and channels
  • Alignment that keeps capacity in step with demand.
  • Incisive decision-making due to rapid identification of the underlying causes of changes in organizational cost and profitability, with the capability to test the impact of potential adjustments. We at EPMFOCUS help identify the sources of organizational cost and profitability with accurate and detailed reporting by line of business, customer, product, supplier, channel, account, route, sales order line, transaction, cost-to-serve or any other dimension of your business. Part of the solution could include, but not limited to,
  • Process costing – Pinpoint your business process costs, improve your understanding of company-wide expenses, and reveal problem areas so you can eliminate bottlenecks and wasteful activities.
  • Complex capacity and resource modeling – Leverage driver-based and activity-based business scenario modeling, using an activity-based costing model for what-if scenarios. Model resources and capacity – then feed changes into related budgeting and planning models in the EPM solutions.
  • Services costing and cross-charging – Establish better alignment and efficient cross-charging of your IT and other shared services costs.

PREDICTIVE ANALYSIS:

Intelligent business needs to predict the markets, demand, and certain customer behaviors in order to be ahead of the curve. This requires capturing relationships between explanatory variables and the predicted variables from past occurrences, and exploiting it to predict future outcomes. Predictive analysis is statistical analysis of information to predict future trends and behavior patterns. Predictive analytics encompasses a variety of techniques from statistics and data mining that analyze current and historical data to make predictions about future events.

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GTN Technical Staffing
5151 Belt Line Rd., Ste. 700  |  Dallas, Texas 75254
Office 214-996-9400  |  Fax 214-615-2626