16 July 2013

Notes from Modelling and Financial Planning Webinar

Business Modelling and Financial Planning Webinar
Date and time:16 Jul 2013, 10:00
Duration:1 hour
Description:Business Modelling and Financial Planning Webinar

 In this webinar Andy Cooper, Business Consultant from Advanced Business Solutions, examined the challenges that organisations face with the modeling and forecasting process offering insight to how you can develop these processes beyond finance to gain a real business advantage. 
Presented by Andy Cooper, Advanced Business Solutions
  • Move to modelling and planning rather than systems replacements
  • Third of orgs use specialist tool (half for large orgs) - typically not outside finance.
  • Doing more with less and backlash against ERP-like projects.
  • Short ROI - less than 18 months in many cases.
  • 63% of orgs (up from 54% in 2011) plan to upgrade business modeling in next 2 years.
  • But over 70% of BI/BM projects fail.

Action items
Look at Adobe Meeting - worked well for Webinars (from web link with no log in required).
Consider business opportunities of specialising in this area - but with which software?

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