Join us for a discussion on how driver-based planning can transform your business.
What is Driver-Based planning?
Driver-based planning is a framework to forecast business performance based on a multilevel, increasingly specific hierarchy of the key levers that deliver measurable impact for the organization. This driver-based approach determines the most actionable and material components of a business plan, and then uses those drivers to model the effects of future events on key financial metrics.
Driver-based planning replaces the traditional approach of reporting financial and operational management information in separate processes. It moves beyond using just historical financial results to predict future financials. And it paves the way for automated forecasting by reducing dependence on the detailed, manual process of bottoms-up budgeting. As a result, it increases the speed, transparency, and efficiency of the budgeting and forecasting processes.
David Fourie, Jim Murphy and Nicole Loventhal will discuss:
- Why Driver-Based Modeling and Analytics delivers faster and more accurate results
- How the multi-level driver frameworks are designed and implemented
- Industry specific examples in action
- How this new approach is transforming traditional FP&A and elevating the role of the finance team