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Articles on Business Performance management from Answerthink ...
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Topic: Forecasting
Sort Desciption: Articles on Business Performance management from Answerthink Corporate Economic Forecasting Model Hyperion
Content Inside: Corporate Economic Forecasting Model The link between strategy and planning is not always tightly integrated; organizations attempting to forecast/plan based predominately on internal financials are missing impact provided by external economic indicators. Ignoring external indicators can result in unrealistic and unsubstantiated business targets missed earnings estimates incorrect forecasts/plans and incomplete external guidance. Answerthink's Corporate Economic Forecasting Model (CEFM) allows a company to model financial performance based on internal and external factors. CEFM integrates the financial planning process by providing linkage from strategic planning to target setting to performance reporting via a common modeling framework enabling management to evaluate options analyze enterprise and business unit performance and make the correct decisions. This solution enables finance executives to: n Model financial performance based on internal and external factors n Create more accurate business targets earnings estimates and external guidance n Work with a unified planning model for management evaluation and analysis n See possible revenue upturns or downturns in served markets Hyperion Software: Delivered using Hyperion System 9 Strategic Finance New from Answerthink Corporate Economic Forecasting Model 2006 Answerthink Inc. All rights reserved. Hackett- Certified is a trademark of The Hackett Group. Hyperion the Hyperion "H" logo and Hyperion's product names are trademarks of Hyperion. ANSWERTHINK HYPERION PRACTICE Do you know how your organization measures up to world-class performance? How should you prioritize the implementation of best practices to give you the fastest and greatest return on investments? For more information call 1-877-423-4321 email info.hyperion@answerthink.com visit www.answerthink. com
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