Touchstone’s team of EPM experts has vast industry experience supporting the CFOs and their corporate finance teams to effectively and efficiently manage their functions of financial planning, budgeting, modeling, forecasting, monitoring and financial controlling.
Our EPM CoE has created a unique methodology called Extensible Collaborative & Integrated Performance Management (xCIPM), a unified approach to financial planning & analysis and in order to implement this we have partnered with some the world’s leading EPM software vendors.
Our highly agile xCIPM roadmap can be extended from CFO’s office to scale and deploy to other LoBs such as HR, Marketing, Sales, Supply Chain etc. and various business units who have been running their own versions of planning in silos either in totally different applications or in spreadsheets not only bearing the cost of maintaining the legacy systems but also wasting hundreds of hours of time doing the unproductive and unnecessary task of manually collecting, cleaning, manipulating and uploading lower-level details to rightly align with corporate level data requirements.
Not only its highly time consuming, costs thousands of dollars in unproductive hours, it’s also highly prone to errors due to the amount of manual task involved which can further lead to bigger planning blunders and strategic decision failure costing a company millions.
Our EPM/ xCIPM service focuses on understanding your organization’s unique challenges and our EPM expertise in combination with our xCIPM road-map offers a complete solution to your corporate financial planning issues.