This presentation took place at CMA office in downtown Toronto in October 2012.

1. Experts in Business and
Financial Systems
Budgeting Best Practices
October 11, 2012

2. Experts in Financial and Business Systems with Over 24 Years
Experience Providing Complex Technology Solutions
Our Vision
Build Long Term Relationships by Providing Value and Earning Trust
Our Mission
Make a Difference, Do it Right, Do it Together

3.  Enterprise Resource
Planning ERP
 Business Intelligence
 Budgeting & Planning
CRM
Training BI
& Support
 Business Process
Management
BPM Budgeting
 Customer Relationship
Management

4. Grantley Smith, CIMA
Senior Solution Advisor
TGO Consulting Inc.
Alan Whitehouse, MBA
Chief Architect
True Sky Inc.

5. Budget

6. Consolidate
Contribute
Review
Present
Modify
Finalize
Create
July August September October November
Reviews/
Create Contribute Finalize
Approvals/Scenarios
September October November

7. People Information Process
• Involvement • Detail • Accessibility
• Accountability • Drivers • Security
• Time • External • Visibility
• Accuracy • Timeliness • Confidence
• Accuracy • Duration
• Frequency

8. Systems Data
Volume Spreadsheets
Distribution Email

9.  Remember we only do this once a year, grudgingly
 The simpler the better
 Tailor the template to the user/process
 Connect to data don’t copy
 Validate up front
 Structured file distribution

10. Speed
Accuracy
Detail

11.  Eliminate the “divide by 12” mentality
 Drivers not dollars
 Input more than just numbers
 Fake deadlines
 Consider zero based budgeting

12. Retrieval
Merging
Repetition

13.  Storage and retrieval
 Protection of formulas and sheets
 Use formula don’t copy
 Ultimately get an application

15.  Leave plenty of time
 The numbers should not be a surprise
 Collaborative input
 Don’t sweat the small stuff
 Make sure you understand the intent

16. Summary
Quantitative
Defined

17.  This is the reason you plan!!!
 This is where Excel rocks
 Analyze the data and the intent
 This should NOT be a review/approval
 This is your time for “what if”

18. What you should aim for:
 Simplicity
 Greater functionality
 Detail capture
 Integration capabilities
 Workflow control
 Flexible reporting and analytics
 “What If” modeling
What you will get:
 Greatly reduced administration
 Faster turnaround
 Collaborative creation
 Accurate and informative information
 Strategic capabilities
…MORE TIME TO THINK