Clear iQ works to help organizations with financial planning and analysis by understanding the past while accurately predicting future financial results.
Effective Financial Planning and Analysis Functions
Financial Planning and Analysis (FP&A) requires a rear-view, fact-based analysis, and a forward-looking predictive lens. FP&A functions require coordination between process discipline, stakeholder management, data management, analytics and information delivery.
Our design framework separates planning and analysis and focuses on essential inputs and outputs of each business function. In most cases, the results from the planning cycle serve as inputs into the analysis process.
Reporting of Hierarchies
Chart of Accounts
Internal and External Drivers
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Clear iQ’s Approach to Financial Planning and Analysis Strategies
Clear iQ uses the design framework to assess an organization’s current state and design optimal solutions for the future. To do this, we:
- Conduct a best practice assessment
- Process Design and Implementation
- Application Selection
- Application Implementation