Ramp up company strategy, business initiatives, and corresponding financial objectives
Annual Budget Reboot
VIP SOLUTIONS CASE STUDY
Technology
INDUSTRY
1,500
EMPLOYEES
$350M
ANNUAL REVENUE
BACKGROUND
Our client’s budget approval meeting highlighted key gaps in assumptions, level of detail, accuracy, and storyboard, failing to garner leadership approval. Our Solutions Consulting team was brought in to rebuild the annual budget.
OBJECTIVES
Partner with functional budget owners to understand quality of data inputs and identify areas of risk and opportunity
Define and approve underlying budget assumptions
Deliver and obtain leadership approval on re-constructed annual budget
SOLUTIONS
De-construct existing budget details and identify key building blocks and sources
Partner with functional owners to understand nature and quality of data
Identify and address risks and opportunities in budget building blocks
Re-construct fully transparent budget
Build out executive facing budget storyboard with right balance of summaries and detail
Executive leadership approved & praised re-constructed budget
