Long/Medium/Short Term Planning and Forecasting

Social Housing Organisations are under tremendous pressure to maximise the value of the resources they have available, reduce operational costs, minimise risk, and improve the services they are delivering.  That pressure is even higher in the slow economy when the political backdrop suggests significant spending reduction in public sector.
 
Business managers involved in the budgeting & planning cycle need:
  • Reliable, up-to-date financial data for planning, budgeting and forecasting.
  • To integrate corporate and departmental planning, model different cost scenarios, and perform sensitivity analysis.
  • To be able to adapt annual plan and budgets in line with changing conditions.
  • To deliver regulatory requirements demonstrating accurate process and execution 
The Opal Wave Housing Performance Management Planning, Budgeting and Forecasting solution based on the SAP BusinessObjects Planning and Consolidation (SAP BPC) technology enables key stakeholders to create and manage all asspects of the Planning, Budegting and Forecasting cycles in the business in a controlled process lead solution.  By combining a set of implementation consultancy services, best practice processes and software, the solution bridges the gap between the creation of financial and business plans and the daily operation of those plans.
 
The Opal Wave Performance Management Planning, Budgeting and Forecasting solution will enable:
 
  • Collection of data in a secure environment without disconnected Excel sheets
  • A single version of the truth
  • A reduction in the planning cycle
  • Fast user adoption
  • The capability for what-if analysis
  • The capability for multiple controlled versions (of the budget)
  • Integration with current tools (Excel, Sage etc) to maintain RoI
  • Elimination of high risk (data) manual processes and re-keying to reduce data risk
  • Process support with instructions and guidance
  • Central and regional assumptions automatically applied
  • Automated integration with source systems
Also ...
 
  • Supports any budget/forecast methodologies – including bottom up/top down, outcome based budgeting, zero based budgeting, driver based planning or any other methodolgy chosen 
  • Revenue and expense planning by scheme and/or property across all dimensions (tenancy type, geography, property type etc.).
  • Planned and routine maintenance
  • Secure detailed salary planning/modelling
  • Capital Planning (development and major repairs)