
Budgeting, Modeling and ProjectionsHelping you remove the pain and guesswork.Whether you're thinking about the upcoming budget year, want to improve operating and financial forecasts or need financial projections for an upcoming strategic opportunity—effective financial planning methods are critical. Driver-based budgeting and forecasting The financial professionals at McGladrey can help you approach this important initiative differently. Gone is the tedious process of pulling together an annual budget. Instead, we'll introduce you to driver-based budgeting, using assumptions about your organization's revenue and operations to develop a more effective, efficient budgeting or forecasting process. This best practice approach moves you from once-a-year budgets to rolling forecasts, which you periodically update. Along the way, you continuously monitor actual results against your forecasts. This approach is especially helpful when addressing issues surrounding executive compensation and incentives linked to meeting specific financial targets and for setting goals and stretch goals. Financial modeling and scenario planning When you need assistance to develop your business case for change, we'll help you determine the cash flow and working capital you'll need, equity and capitalization requirements, and what type of revenue production, pricing assumptions and operating costs are required to achieve your financial goals. Midsized company focus Everything begins with strategy-the strategy driving your operational planning, which feeds into financial planning. You'll benefit from our industry skills and experience that enable us to provide you with a comprehensive, holistic view of your situation. Call McGladrey. We help companies like yours every day. |
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