01. Client Objective :
To develop comprehensive annual corporate financial budgets across multiple business units and departments, with a focus on performance monitoring and alignment with strategic goals.
02. Project Goals :
The primary objective was to build accurate, strategic financial budgets at various organizational levels and establish a performance framework through KPI integration. The project focused on:
- Creating detailed annual budgets at the SBU, Brand, and Regional/Country levels
- Defining Key Performance Indicators (KPIs) for major departments: Sales, Marketing, Supply Chain, Human Resources, Information Technology and Finance
- Enabling monthly monitoring to track performance against financial targets
03. Project Scope & Execution :
- Sales Budgeting (Developed detailed sales budgets for each SBU, brand, and country. Budgets were broken down into daily and monthly targets to enable granular performance tracking.)
- HR Budgeting (Built an annual HR budget aligned with sales forecasts, covering headcount planning, compensation structures, and resource allocation.)
- Supply Chain Budgeting (Prepared a supply chain budget that captured demand forecasting, procurement planning, and cost optimization strategies.)
- IT Budgeting (Outlined infrastructure, software, and service support costs based on business growth projections and operational requirements.)
- Final Financial Budget Consolidation (Merged all departmental budgets into a unified, company-wide financial plan. This served as a foundation for strategic financial decisions and continuous performance evaluation.)
“Working with the Online Finance Manager team gave us clarity we hadn’t experienced before. From department-level KPIs to detailed budgeting, the structure they brought into our financial planning process was exceptional. Monthly monitoring is now simple, and we’re more confident in our forecasts than ever before.
- Satisfied Client
04. Results & Impact :
The final outcome provided the client with a fully aligned financial strategy across departments, integrated with real-time performance tracking. This approach empowered leadership to make faster, more informed decisions while improving departmental accountability and cost efficiency.