7 Topics
5 Days
35 Sessions
Programme Overview
Training Description
- Financial analysts
- Corporate planning professionals
- Treasury professionals
- Business and data analysts
- Finance transformation professionals
- Accounting and reporting professionals
- IT professionals supporting finance systems
- ERP and financial-systems specialists
- Strategy and performance-management professionals
- Senior executives involved in financial planning and transformation
Session Objectives
- Understand the key benefits of moving to a cloud-based financial planning system. Learn to navigate and configure a typical cloud budgeting platform. Master the process of data integration and consolidation from various sources. Build and manage flexible budgeting and forecasting models. Create dynamic reports and dashboards for real-time visibility.
About the Course
Transforming Finance: Cloud-Based Planning & Forecasting is a practical professional training course designed to equip finance, FP&A, budgeting, accounting, and business-planning professionals with the knowledge and skills required to modernize financial planning through cloud-based technologies.
The course explores cloud financial planning platforms, collaborative budgeting, rolling forecasts, real-time reporting, scenario modelling, financial consolidation, data integration, automation, analytics, and AI-enabled forecasting. Participants will learn how cloud-based planning can improve forecasting accuracy, accelerate budgeting cycles, enhance collaboration, strengthen financial visibility, and support faster strategic decision-making.
Curriculum & Topics
7 Topics | 35 Sessions
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Workshop 1.1:
The shift from on-premise to cloud solutions.
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Workshop 1.2:
Core features and architecture of cloud-based planning tools.
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Workshop 1.3:
Benefits: enhanced collaboration, accessibility, and scalability.
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Workshop 1.4:
Comparing leading cloud budgeting platforms.
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Workshop 1.5:
The role of security and data governance in the cloud.
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Workshop 2.1:
Navigating the user interface and setting up the system.
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Workshop 2.2:
Defining organizational structures and hierarchies.
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Workshop 2.3:
Configuring master data, including accounts, entities, and scenarios.
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Workshop 2.4:
Setting up user roles and permissions.
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Workshop 2.5:
Understanding data dimensions and their importance.
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Workshop 3.1:
Connecting to source systems (ERPs, spreadsheets, CRMs).
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Workshop 3.2:
Performing data transformations and cleansing.
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Workshop 3.3:
Automating the data loading and consolidation process.
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Workshop 3.4:
Ensuring data integrity and accuracy.
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Workshop 3.5:
Best practices for managing historical data.
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Workshop 4.1:
Designing a budget structure that meets business needs.
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Workshop 4.2:
Using driver-based and zero-based budgeting methodologies.
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Workshop 4.3:
Creating rolling forecasts and dynamic models.
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Workshop 4.4:
Incorporating assumptions and variance analysis.
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Workshop 4.5:
Automating the budget submission and approval workflow.
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Workshop 5.1:
Creating interactive dashboards for real-time insights.
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Workshop 5.2:
Developing custom reports for different stakeholders.
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Workshop 5.3:
Performing ad-hoc analysis and data slicing.
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Workshop 5.4:
Conducting "what-if" and scenario modeling.
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Workshop 5.5:
Utilizing embedded analytics and visualization features.
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Workshop 6.1:
Developing a project plan for system implementation.
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Workshop 6.2:
The importance of stakeholder engagement and communication.
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Workshop 6.3:
Training end-users and building a support framework.
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Workshop 6.4:
Managing the transition from old to new systems.
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Workshop 6.5:
Measuring the return on investment (ROI) of the implementation.
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Workshop 7.1:
Leveraging the system for strategic planning and long-range modeling.
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Workshop 7.2:
The future of financial planning with emerging technologies.
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Workshop 7.3:
Optimizing system performance and scalability.
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Workshop 7.4:
Staying updated with new features and best practices.
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Workshop 7.5:
Creating a continuous improvement roadmap.
