FESA CONSOL

FlexSystem

Not Capable to Include All Valid Amendments

Issues

Budget planning and rolling forecasts usually involve very frequent amendments and problems can arise when there are no proper procedures to govern the process during each stage of preparation. Approved amendments might be missing despite the fact that they have been approved or conversely amendments might be made without prior approval.

  

Expectations

Users always demand the existence of a robust planning management process that governs any changes made by anyone to underlying data.

  

Solutions

FESA Planning is capable of addressing root operational issues of data management for budget planning and rolling forecast processes with every authorized change being rewritten automatically into the central database whilst keeping an amendment log for subsequent audit purposes.

  

Benefits

This achieves a significant saving in time and improves the quality of the underlying data resulting in quality reports.