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Thoucentric | Management Consulting

Standardizing Financial forecasting process

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Problem Statement

  • Standardizing Financial forecasting process

Key Challenges

  • Bring standardization and visibility into Financial Forecasting process for major cost heads- BMI/Overheads/Non-Material Supply Chain Costs

The Impact

  • Simplification of Budgeting and Forecasting process
  • Automation of Accruals calculation and posting
  • Visibility on strategic P&L spend targets and ZBB savings
  • ~ 30% reduction in time for Finance teams during forecasting cycles”

How we helped solve the problem?

  • Manage end-to-end project activities and stakeholder interactions

Industry

  • CPG/FMCG

Functional Area

  • Finance
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