Enterprise Planning & Forecasting Flow

I was asked to show how all of the part of an organization’s budgeting, planning and forecasting come together and support each other, and how the organization can get more sophisticated at forecasting.  This diagram helped explain the overall flow as well as some of the elements you would want to put on a roadmap.

enterprise planning flow

This should be a good starting place to have a debate about using the right planning and forecasting for better insight into the business, better resource deployment, and better profitability decision-making.

Advertisements

Enterprise Planning

There are many kinds of plans in any organization. The kind of plan depends on what the plan is trying to accomplish, who the audience is, and how frequent and granular the plan needs to be. Here are the most common types of EPM plans:

paper whiteboard
Strategic Planning

  • Annual budget
  • Long-range plan/strat plan
  • Cash-flow forecast
  • Balance sheet plan

Finance Planning

%d bloggers like this: