Budgeting and Forecasting

Budgeting and forecasting processes are key components of Business Performance Management. Optimization of these processes through implementation of best practices and technology is one of the core service offerings of Breakaway Technologies.

We have over 100 successful implementations of budgeting and forecasting tools across multiple industries and scales of organizations. Whether you are looking to expedite or expand your planning cycle, implement a rolling or a driver-based forecasting model, or completely revamp and modernize the process to enable forward looking insight and analytics, our team will bring a blend of relevant business knowledge and technology expertise to bring your project to fruition.

Actual Reporting

Understanding your organization’s past performance is essential to effective decision-making and planning, yet the reporting capabilities of many ERP and GL systems struggle to satisfy the basic needs of today’s managers.

We have been helping organizations “get a hold” of this data for over 15 years with technologies by SAP and IBM. Be it the integration with a wide variety of popular ERP systems like SAP, Oracle and JDE; slice-and-dice or hierarchies for products and brands, customers and territories, or departments and subsidiaries; or management reporting and distribution at multiple levels of an organization, our engagements inevitably lead to a process of self-discovery for our clients, enabling you to leverage the power of business analytics.

Consolidations and External Reporting

Despite the ever-mounting regulatory and investor scrutiny, many organizations continue to use spreadsheets, text files, and email to track, record, and report financial activities that span multiple subsidiaries or otherwise fall outside of the General Ledger structure.

If you are looking to expedite your closing cycle and establish a firm audit trail, reduce risk of error and restatement, or automate consolidating and closing entries and calculations, our team will help you implement the right mix of technology and business processes.

Our Implementation Approach

We have a proven track record of helping organizations – from mid-market up-and-comers to global conglomerates – overcome these challenges. We start each implementation by taking you through our patented Rapid Assessment and Development (RAD) process to integrate with your team and to allow us to jointly build the business and functional requirements. Together, we will envision the planning process best applicable to your organization, the steps necessary to implement it, and the technology best able to support it.

Every one of our implementations is executed by consultants who blend global business knowledge with technology expertise. Our clients interact directly with principals or subject matter experts who develop solutions tailored specifically to each client’s needs and the existing infrastructure. All project teams have access to our state-of-the-art training center and prototype lab to complete the project on time through our exceptional service commitment.

Part of the success of Breakaway Technologies is based on our ability to leverage and deploy a consistent, proven methodology across projects. This has allowed for smoother transitions between teams – such as sales and services or services and support for example – and for the transition to your ownership of the application at the conclusion of each project.