To maximize your investment in Adaptive Planning, InnoVergent helps you define your budgeting and forecasting needs, design your budgeting model, and then implement the processes needed to support an efficient, repeatable budgeting process. InnoVergent has the budgeting and forecasting skills, resources and experience to change your budgeting cycle from a painful annual process to a monthly exercise you’ll use to track and manage your businesses operations.
InnoVergent offers the following Adaptive Planning services:
Budgeting Process Design
- Corporate-wide budgeting and forecasting requires sound processes to ensure accurate and timely reporting of forward-looking financial information. InnoVergent will help you design and deploy a sound budgeting process to further enhance the value of using Adaptive Planning.
Data Structure Design
- InnoVergent will design the structure of your budgeting system including accounts, departments, divisions / business segments, and reporting structure. These critical elements form the basic structure of your budget model, which in turn defines the structure for collecting and reporting budget data.
Budget Modeling
- With the data structure defined, InnoVergent will develop the calculations necessary to model your unique business activities. Since Adaptive Planning is a free-form modeling tool, virtually any processing model can be created for your personnel, capital, expense, and revenue calculations.
Integration With Your Accounting System
- InnoVergent will create a simple process for importing your actual activity from your accounting system into Adaptive Planning so you can compare your budgeted activity to your actual activity. This will allow you to compare and analyze your budget, forecast and actual activity on the periodic schedule of your choice.
Reporting
- Adaptive Planning’s flexible reporting system creates reports to review your budget, forecast and actual data. InnoVergent can create financial or statistical reports by month, quarter, or year with blended actual and budget data for your analysis. InnoVergent can also help you establish dashboard metrics for a quick and easy review of your company’s vital statistics in a graphic format.
Training
- Implementing the perfect budgeting model for each business is our goal, but something is missing if you don’t understand how to use the model once it is completed. InnoVergent makes sure you understand the use of your budget model with customized training tailored for the uniqueness of your custom model. We can also provide written budget aids to further supplement your training.
Support
- InnoVergent offers support during the development of your budget system. After the system is complete and operational, Adaptive Planning offers help desk services as part of your annual subscription. If you want to expand your budget system or work with the team that created your system and understands your business, InnoVergent is always available on a consulting basis.
